For stays of a day, a week, a month or a year, serviced apartments (also known in the sector as Aparthotels, corporate housing or extended stay housing) offer a spacious, flexible and cost effective alternative to restrictive hotel rooms, with an average saving of 15 - 30% on an equivalent standard hotel. more
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"Costs are no longer the sole drivers in corporate accommodation procurement. The work place has changed dramatically in the last 15 years. The workforce is increasingly mobile according to Manpower, more people are living and working away from their home countries than at any other point in history."
Read the full feature here: Industry Overview
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