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Are travel buyers spending too much on accommodation?

Corporate travel buyers could save a considerable amount of money by considering the option of serviced apartments instead of hotels, says a survey by Marlin Apartments.

Major corporate travel buyers managing accommodation for 100 travellers staying in London for 30 nights per year can save £277,350 per annum simply by switching from hotels to serviced apartments.

Marlin Apartments calculations show that corporate buyers can save between 30 and 40 per cent on their accommodation costs by making the switch. Booking a four-star equivalent Marlin serviced apartment in central London, for example, can save buyers 37 per cent, or £92.45, per night.

Serviced apartments cost a lot less than hotels

As well as being significantly more cost effective than equivalent hotel stays, serviced apartments offer corporate travellers all of the facilities and benefits they are used to from hotel accommodation, plus they offer the freedom to spend their down time as they please, rather than being tied to the inflexibility of a hotel stay. Marlin Apartments, in particular, are also considerably more spacious than a hotel room with their own living rooms and fully-specked kitchens, as well as a separate bedroom and bathroom,? comments Marlin Apartments? managing director, Susan Cully.

“The benefits of serviced apartments for both travellers and the buying community have been overlooked for far too long, largely due to a lack of awareness and education about the sector. But, through word of mouth and support from ASAP, the Association of Serviced Apartment Providers, buyers and travellers are becoming increasingly aware of the multiple benefits that they offer and the sector is finally getting the recognition it deserves.” adds Cully.

Marlin Apartments is the largest provider of owner occupied serviced apartments in London.