In 2020-21, there were 12,54,743 serviced apartments available for the guests throughout 15,464 locations.The top 15 brands, including chains like Marriott, Accor, IHG, and Hilton, constitute a stock of 6,85,303 serviced homes at 7,817 locations.These figures show that the extended stays market is expanding on a quick scale. The existing circumstance of work from house has paved the way for apartment owners to re-market their home with a brand-new approach.In reality, I have a real-life situation to explain why serviced apartment or condo organization is worth investing in.” So, you see that serviced apartments are faring well in terms of producing earnings and are in demand as well.How to Make Money from Your Serviced Apartment Business?Now the ideas Im sharing here can work if you have even a single apartment.
Apart from that, there are other services that offer serviced apartment or condos a glamorous touch like housekeeping on call, Wi-Fi connection, and other additional facilities readily available in society/complex (swimming pool or health club). In 2020-21, there were 12,54,743 serviced houses available for the visitors across 15,464 locations.The top 15 brands, including chains like Marriott, Accor, IHG, and Hilton, make up a stock of 6,85,303 serviced apartments at 7,817 locations.These figures prove that the extended stays industry is expanding on a rapid scale. The existing scenario of work from house has actually paved the way for house owners to re-market their residential or commercial property with a new approach.In reality, I have a real-life scenario to explain why serviced home business is worth investing in.” So, you see that serviced homes are faring well in terms of producing earnings and are in demand as well.How to Make Money from Your Serviced Apartment Business?Now the ideas Im sharing here can work if you have even a single apartment. Let me give you a better insight on it.There are 2 categories in the facilities that you ought to have in your serviced home: Necessary amenitiesLuxury amenitiesTalking about needed amenities, it consists of the standard furniture and some crucial services that are discovered in every home.
