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.

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The Apartment Service - Newsletter Archive - July 2008


The Apartment Service Newsletter , July 2008 - Issue 77
 
 
 
The Apartment Service
 

Latest News From

 

The Apartment Service

 
 
July 2008
JULY FOCUS
News in July
Executive Roomspace/Roomspace Serviced Apartments Availability Update
Feedback
 
Apartment 1
 
Apartment 2
 
Apartment 3
 
 
 
 
 
 

The Apartment Service, 5-6 Francis Grove, London, SW19 4DT

Fax: +44 (0) 20 8944 6744
Tel: +44 (0) 20 8944 1444
Web: www.apartmentservice.com
Email: res@apartment.co.uk

The Apartment Service is the trading name of Roomspace Ltd, 5-6 Francis Grove, London, SW19 4DT and is registered in England and Wales with company number 1112378. VAT No. GB-538890988.

Members of: HBAA, ITM, ARP, ASAP, CHPA

 
Apartment preview
 
JULY FOCUS

High rates forcing buyers to shun hotels'

25 June 2008 (BTE Newsletter)

High hotel rates are forcing corporate buyers to use lower cost accommodation, according to a new report by the UK and Ireland Institute of Travel Management (ITM).

The report said serviced apartments were now a "serious threat to mainstream hotels" with 22% of ITM's respondents using them as a cheaper alternative.

The report said that 28% of respondents who included travel managers and procurement professionals with a spend of ВЈ1.3bn, used apartments for stays of five days or more.

35% said they used them to reduce costs for stays of all lengths.

The report said that 46% of its respondents used either a TMC or a hotel booking agency to negotiate rates on their behalf.

But despite this, 57% said they were still "frequently finding rates on line that are lower than their negotiated rates, thereby undermining the whole RFP process."

Paul Tilstone, ITM's executive director, said: "Corporate buyers are battling high occupancy and high prices in the traditional hotel sector.

"Around 60% have seen their hotel costs rise by up to 10% in the last year alone, so they are now using budget accommodation, serviced apartments and independent hotels much more.

"But buyers are also using other ways to try and keep a lid on hotel pricing too, such as consolidating transient spend with meetings and conference expenditure.

"More modern procurement levers like audio and video conferencing are also being brought into negotiations by over a fifth of buyers."


To ALL our apartment managers: If you want your apartments to feature in one of the next issues of our news letter, please email Bard Vos to discuss the terms and conditions.
 
News in July

EUROPE

* The Global Survey into the Serviced Apartment Industry, sponsored by The Apartment Service and carried out by The Travel Intelligence Network is now closed. The response has been good and work has begun to compile the first and most comprehensive report to date on the sector, due out in September. To register your interest for a copy please email Mike Stapley, sales manager at The Apartment Service.

* Bridgestreet Worldwide is to open 23 one and two bedroom apartments in The Crescent at Harbour side in Bristol.

* The SACO Group has opened 2 new properties in Reading, Clipper House and Hydrangea House

* Citadines Aparthotels and Regus (a workplace solutions company) are working together to provide clients with complimentary services.This will allow Citadines to expand the range of services offered to its business clientele.

* Bridgestreet Worldwide has been awarded a 15 year management contract for their first property in Budapest. The property is set to open late 2009 and comprises of 50 one and two bedroom apartments

* To all our apartment managers: If you have any news regarding your apartments, special offers etc., please email us and we will do our utmost to publish this in our next news letter.

MIDDLE/FAR EAST

* Frasers Hospitality is to open Fraser Suites Hong Kong in August 2008. The property will have 87 apartments and will be fitted out with the latest in-apartment technologies such as flat screen LCD TV, iPod docks, wireless internet access and washer dryers.

* The Accor Group has recently signed the contract for a serviced apartment project in Bengaluru (India) to be called Mercure Homestead Residences. The complex will feature 129 apartments ranging from studios to 2 bedroom apartments. Target is to open by the end of 2008.

* Ascott Group has opened 3 new properties in recent weeks in Vietnam (Somerset Hoa Binh in Hanoi), Thailand (Citadines Sukhumvit 8 in Bangkok) and Quatar (Somerset West Bay in Doha).

AUSTRALIA/NEW ZEALAND

* Ascott International has officially opened Somerset St. Georges Terrace in the heart of Perth CBD. The property has 84 studios and one bedroom apartments.


AND THEN THERE IS THIS

* After the "Des-Res", the "Yotel", the "Wii" and the "I-pod", marketing has now created the "I-Pad", the new way to describe a studio apartment, or "the pad where one can find oneself again..."

Roomspace Serviced Apartments
 
Executive Roomspace/Roomspace Serviced Apartments Availability Update
The newest locations for Roomspace Serviced Apartments..........

City Tower, London E14

A selection of fully furnished and equipped two bedroom two bathroom apartments. In a fabulous location, 10 minutes walk from the centre of Canary Wharf. Excellent train connections, nearest DLR are Cross Harbour and London Arena and also close to the Jubilee Line at Canary Wharf. These apartments are available from mid-December. Rate £1015 per week for 2008. 15% discount throughout December!

Watling Street, London EC4

A newly refurbished development with one - and two bedroom apartments, in a great location with shops and restaurants just a stone´s throw away. The nearest underground station is Mansion House, 2 minutes walk for the Circle and District Lines, or Bank to gain access to the Central Line.

These apartments are available now. Rates start from £880 per week.

All apartments are fully furnished and equipped to the highest standards with all modern conveniences. The rate quoted includes all utility bills, apart from telephone calls. A once a week cleaning service is included.

To enquire about these, or any of the other apartments offered by The Apartment Service, please phone our reservations team on 020-89441444 , or send us an email Or you can visit our website.

Roomspace Serviced Apartments, minimum stay: 7 nights, offers the following locations for your accommodation needs: Birmingham, Brighton, Croydon, Epsom, Farnborough, Guildford, Leatherhead, London City, London Docklands, Southampton, Wimbledon.

We have special February availability in the following locations:

Swindon
Swindon

Roomspace Serviced Apartments - Plaza 21, a selection of one -, and two bedroom apartments with a minimum stay of one week. Prices start from £635 per week for a one bedroom and £770 for a two bedroom apartment.
READING: READING
Bedroom Executive RoomspaceMinster Court,a selection of one and two bedroom apartments for stays of 28 days or more. Prices start from £575 per week for a one bedroom apartment and £675 per week for a two bedroom apartment.
Roomspace Serviced Apartments Projection West, a selection of one - and two bedroom apartments for stays of one week or more. Prices start from £700 per week for a one bedroom apartment and £820 per week for a two bedroom apartment.

All rates quoted are per apartment per week and inclusive of all bills (excluding telephone and VAT) and a weekly service clean. And of course, all our apartments are fully furnished and equipped to the highest standard.

Please call +44 (0) 20 8944 1444 for more information or send an email to Tracy Barlow, Reservations Manager.
 
Feedback
We hope you enjoy this newsletter. Please send your feedback to tasnews@apartment.co.ukВ 
 
Contact Details

Bard Vos - Marketing

The Apartment Service,
5-6 Francis
Grove,London.
SW19 4DT
tasnews@apartment.co.uk
Tel. +44 (0)20 947 3003 (Marketing)
Tel. +44 (0)20 8944 1444 (Reservations)
Fax.+44 (0) 208 944 6744

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