Choosing Your Stay: Corporate Lets vs Serviced Accommodation vs Hotels

Traveling for business can be exciting, but finding suitable accommodation that meets all your needs can be a daunting task. Since accommodation plays a vital role in making your business travel experience comfortable and hassle-free, striking a balance between convenience, comfort, and affordability is essential.

If you're tired of staying in traditional hotel rooms that lack space, privacy, and personality, you've come to the right place. In this article, we'll explore three popular accommodation options for business travelers: corporate lets, serviced accommodation, and hotels, and help you make an informed decision based on your unique requirements. So, whether you're a seasoned business traveler or a first-timer, sit back and relax as we guide you through the world of corporate accommodation.

Comparison Table of Corporate Lets vs Serviced Accommodation vs Hotels

Accommodation Type

Serviced Accommodation

Corporate Let (HMO)

Hotel

Minimum duration

1 night

6 months

1 night

Suitable for long stays?

Yes

Yes

No

Suitable for small groups? (under 4)

Yes

Yes

Yes

Suitable for large groups? (10+)

Yes

No

No

Who pays the bills (utilities)?

Provider

Tenant

Hotel

Cleaning and linen services?

Yes

No

Yes

Cooking facilities?

Yes

Yes

No

Communal Areas?

Yes

No

Yes

What is serviced accommodation?

Serviced accommodation, also known as serviced apartments, is a type of accommodation that is similar to a hotel but offers more space, privacy, and flexibility. It is typically a fully furnished apartment that is rented out for short or long-term stays. The apartment comes with all the necessary amenities such as a fully equipped kitchen, bathroom, living room, and bedroom. Serviced apartments in Peterborough also provide housekeeping services, which means that the apartment is cleaned regularly and fresh linens are provided. Serviced apartments are designed for people who need temporary accommodation for business travel, relocation or holiday. They are often a cheaper and more spacious alternative to hotels. Serviced apartments are also suitable for families as they offer more space and privacy than a hotel room.

What is a corporate let?

A corporate let is a type of accommodation that is rented out by companies for their employees on a long-term basis. It is similar to serviced accommodation but is rented out for a minimum of six months to a year. Corporate lets are designed for companies that need to relocate their employees or for long-term business travel. Corporate lets offer more space and privacy than hotels, making them ideal for families or large groups. They also come with all the necessary amenities such as a fully equipped kitchen, bathroom, living room, and bedroom. However, corporate lets do not offer housekeeping services, and tenants are responsible for cleaning and maintaining the apartment.

What is the difference between serviced accommodation, corporate lets, and hotels?

Duration of Stay

Serviced accommodation is ideal for short-term stays, with a minimum stay of just one night. Corporate lets are designed for longer-term stays of six months or more, while hotels in Peterborough are generally best suited for short-term stays of a few nights or less.

Amenities

All three options offer different amenities. Serviced accommodation and corporate lets typically come with a fully equipped kitchen, a living room, and a bedroom. Housekeeping services are also included in serviced accommodation. Hotels offer facilities such as a restaurant, a bar, a gym, and a swimming pool, and concierge services are available.

Privacy and Space

When it comes to privacy and space, serviced accommodation and corporate lets offer more privacy and space than hotels. Serviced accommodation typically provides more space than hotels, with separate living, dining, and sleeping areas. Corporate lets offer more space than serviced accommodation, making them ideal for larger groups and families.

Cost

In terms of cost, serviced accommodation and corporate lets are usually more cost-effective than hotels, particularly for longer-term stays. Hotels can be more expensive, especially if you need to use additional services such as laundry or room service.

Which one is the best option for you? (Write in the perspective of corporates)

The best option for corporations depends on the length of stay and the level of privacy required. For short stays, hotels are the best option as they offer a high level of service and are convenient. However, for longer stays, serviced accommodation and corporate lets are the best options. Serviced accommodation provides a balance between space and service, while corporate lets offer the most privacy and space.

The Bottom Line

When it comes to choosing accommodation for business travel, it's essential to consider the duration of stay, the level of service required, and the level of privacy required. Serviced accommodation, corporate lets, and hotels all offer different benefits and are suitable for different types of business travelers. It's important to choose the option that best suits your needs. If you're looking for the best accommodation for corporates in Peterborough, look no further than YourLettingsUK. We are a short term rental management company that offer a range of fully furnished and equipped serviced apartments and corporate lets for short and long stays. Our properties are located in prime locations and offer all the amenities you need to make your stay comfortable and enjoyable. Contact us today to learn more about our accommodation options.