Hotels vs. Serviced Apartments - Cost Comparison

The table below is an example of how serviced apartments typically reduce in cost depending on the length of stay.

Please remember that, although serviced apartment rates generally decrease the longer you stay, you'll always get more space, more freedom and more privacy than in a hotel room.

Using the guideline rates in the table above, the table below demonstrates the potential total costs for hotels and serviced apartments based on stays of 1, 7, 30 & 90 nights.

The Verdict

1 night stays:

Hotels and serviced apartments are comparable in cost. However serviced apartments will offer much more space and savings can be made on incidental charges such as restaurant and laundry bills.

7 night stays:

Serviced apartments are generally cheaper than equivalent hotel accommodation at this stay length.

30 night stays:

Serviced apartments are nearly always cheaper than equivalent hotel accommodation at this stay length.

90 night stays:

Serviced apartments are always cheaper than equivalent hotel accommodation. Considerable savings are available as demonstrated in the example opposite. Even if the hotel matched the serviced apartment example rate of £99 for the stay, you'd still save £982.08 in tax (a 9.19% saving).

* Add tax
VAT is applied to hotel rates at 20%
VAT is applied to serviced apartment rates at 20% for the first 28 nights and 4% thereafter
As an example, stays of 90 nights would have 20% VAT applied for 28 nights then 4% VAT applied for the next 62 nights