Companies save money by renting serviced apartments Brisbane and serviced apartments Sydney
First of all, it is said that this is not the best time to do business. Nevertheless businesses will not shut down even in this economic turmoil. What smart businesses are doing at the moment is cutting costs to ensure that their profit margins don’t take a hit.
Hotels are always preferred by executives when they travel to another city. Companies have also been arranging for hotels for their travelling executives based on their grade in the hierarchy. However, ever since the serviced apartment concept has come into being many companies have stopped booking hotels. They book serviced apartments Brisbane and serviced apartments Sydney throughout the year and this helps them save significantly.
What is the amount of savings that companies can enjoy by hiring serviced apartments Brisbane and serviced apartments Sydney? The calculation below will let you see.
Weekly cost of a serviced apartment – $500 (approx)
Total cost of renting the apartment for a year – ($500*52) = $26,000
Cost of a hotel room night – $300 (approx)
Taking total cost of $26,000 this means just about 87 nights per year.
So, what you pay to a hotel for less than 3 months is equivalent to what you pay for serviced apartments Brisbane and serviced apartments Sydney every night of the year. Now if this not savings then what is?
There are some top providers of serviced apartments in the large cities of Australia. These providers can arrange for short term as well as long term stay arrangements for their clients. They are adding so much value to the bottom line of their client companies that their apartments are booked throughout the year. Imaging how much convenience a company has when they get into such an arrangement. They are able to book an apartment throughout the year and whenever one of their executives travels to that city they can simply check into the apartment. All it needs is a phone call. Someone will always be there to hand over the keys to the guest upon their arrival.
Today companies have been planning the travel itinerary of their executives just so that they can book serviced apartments Brisbane and serviced apartments Sydney accordingly. And these service providers have been able to give them more attractive rates because they are getting the full year’s contract. It is a beneficial arrangement for both. It is not that the top hotels in Brisbane and Sydney go unoccupied but it is also a fact that these apartments are always booked.
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It makes total sense for companies to rent serviced apartments Brisbane or serviced apartments Sydney.