Increasingly as consumers, we are looking towards the short-term accommodation apartment when it comes to a place to stay on our holidays. This coupled with the high expense of decent hotel rooms means there has been an explosion of companies looking to offer short term rental apartments are part of their business offering. This completion has been good for both pricing and quality and with many Brits looking to take a staycation as a means of holidaying this year, many expect the demand for short term rentals to only go up.
In this article, we take a look at some of the benefits many experience when staying in short term accommodation and whether the current positive trend is likely to continue in the future.
What are the benefits of short-term rental accommodation?
Short term accommodation may not sound too glamorous, but it has several good benefits over a hotel. The presence of a kitchen means you can save on costs and cook some meals yourself.
Another great benefit is that serviced accommodation often comes in a variety of different sizes. These can range from one-bedroom apartments to full-blown mansions. Naturally, this gives you a lot of flexibility when it comes to the size of the group you are travelling with.
As well as having a diverse range of choice for accommodation, their sheer numbers mean you also have a great choice when it comes to location. Short term accommodation is present throughout many of the major holiday destinations in the UK. This means you have plenty of flexibility on where you want to go on your staycation.
Will COVID-19 affect the demand for them in the future?
With many finding that their holiday plans have been all but left dead in the water, the demand for domestic short-term holiday accommodation has surged. This is good news for the industry and particularly hospitality, an industry that has been hard hit through the pandemic. But will this trend continue in the future?
The short answer is it depends. If the current trend of gradually easing the lockdown without too many restrictions goes ahead, people will likely start to feel even more comfortable booking domestic holidays. However, if the lockdown reoccurs, we may find the industry hit even harder than before.
What kind of accommodation can I stay in on a short-term basis?
As shown, there are a fair few benefits to short term accommodation and if the current trend of tentative easing continues the short-term demand for domestic holidays will probably increase the number of short-term rental accommodation. Sites like Airbnb have increased the popularity of this type of accommodation and part of the reason they are so popular is the wide variety of options available.
If you are in the market you could book accommodation in the form of a small apartment, house, spare room and everything in between. Just make sure you do your research online to ensure you are getting exactly what you are paying for.