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Corporate Let vs. Serviced Accommodations: Major Differences and Which One to Choose

Corporate Let vs. Serviced Accommodations: Major Differences and Which One to Choose

Read Time : 7 Minutes
Peter Juhasz

February 22, 2024

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Key Takeaways:

  • Understand the difference between corporate let vs. serviced accommodations to choose from different types of stays and satisfy your traveller’s needs.
  • Choose your ideal accommodation option from one of the leading providers in the UK, who can provide tailored solutions based on your requirements and budget. 

Are you looking for the perfect accommodation for your business trip?

Do you need clarification on choosing a corporate-let or a serviced accommodation?

Well, both these accommodation options offer you a fantastic stay experience, but there are major differences that you must know.

You can choose either of these two options based on your budget, stay duration, and personal preference.

Let’s dive deep into understanding the difference between corporate let and serviced accommodations.

Corporate Let vs. Serviced Accommodations

Before we boil down the difference between corporate let and serviced accommodations, let’s understand the nitty-gritty aspects of both accommodations separately.

Corporate Lets

Corporate lets are rental agreements where a landlord rents a property to a business or corporation. Being an employee of that organisation, you can stay in these accommodations during your visit to the UK. 

These are standard residential properties and can range from apartments to houses based on your organisation’s choice. Based on an organisation’s business project or assignment, corporate lets are rented for longer periods, ranging from multiple months to years.

Based on the rent your organisation is paying the landlord, you can get furnished or unfurnished property. These accommodations can be cost-effective for long-term stays due to lower nightly rates than serviced accommodations.

You or your organisation is responsible for utility bills, council tax, and other services, which adds an administrative task but allows for more control over expenses.

Now, let’s discuss the pros and cons of choosing a corporate let for your business trips.

Pros

  • You can get a more residential setting that can be personalised for your comfort, making you feel more like a home away from home.
  • It offers more space and privacy than serviced accommodations, which benefits extended stays.
  • Based on your company’s requirements, there’s a high possibility of negotiating the lease terms, including duration and rent
  • Corporate lets are more economical for long-term rentals due to lower nightly rates than serviced accommodations.

Cons

  • You have to resolve all the maintenance issues because it’s your responsibility, which could be inconvenient for you as a busy corporate traveller.
  • If you have a short-term stay, corporate lets are not as cost-effective or convenient because of minimum lease terms and the lack of daily services.
  • Some corporate lets may not come unfurnished, which requires additional effort and cost to set up a comfortable living space.
  • You have to pay the bills, which adds to administrative tasks and increases unpredictability in monthly expenses.

Serviced Accommodations

Serviced accommodations are fully furnished apartments or houses that come with services similar to hotels, such as cleaning, maintenance, and sometimes concierge services. These accommodations are ideal for shorter stays. 

If you have a short-term project or assignment completion deadline, you can choose serviced apartments for a few nights to several weeks. There are options for longer-term stays in serviced apartments, but the primary focus of these accommodations is short-term stays.

There’s no chance of finding serviced accommodation as unfurnished, and these accommodations are fully furnished and equipped with kitchen facilities, which provide a home-like environment with the convenience of hotel-like services.

Apart from all the facilities, the nightly rates of serviced accommodation are higher than corporate lets. The inclusive services and flexibility will give you a better value for short stays.

That’s not it.

All utility bills, council tax, and services like cleaning are included in the rent, which removes administrative burdens from the guest.

Here are the pros and cons of choosing a serviced apartment:

Pros

  • You get a hotel-like service, which includes regular cleaning, maintenance, and sometimes concierge services. It significantly enhances your comfort and convenience.
  • The apartments comes fully furnished with all necessary amenities, including kitchenware, making it ready to live in from day one.
  • Serviced apartments are ideal for short-term stays with flexible booking terms, allowing for extensions or changes with relatively short notice.
  • There’s no need to handle all the utility bills and services as they’re included in the rent, simplifying budgeting and eliminating the need for separate payments.

Cons

  • It offers less space than a corporate let, which might be an issue for stays longer than a few weeks or for those who prefer more living space.
  • The quality of services and accommodations can vary widely depending on the provider. So you or your company has to research and ensure it meets all your requirements.
  • While comfortable and convenient, there’s limited ability to personalise the space, affecting longer-term comfort.
  • The nightly rates are higher than corporate lets, which can add up for more extended stays. It makes serviced apartments less economical for some companies.

Now that you know the significant differences between a corporate let and a serviced apartment, it will be easy to decide.

If you want to choose the best-serviced apartment across the UK, you can trust Pluxa Serviced Apartments.

Choose Pluxa Serviced Apartments

As a professional luxury service apartment provider, we, at Pluxa Serviced Apartments, control multiple apartments in Birmingham.

Our focus is delivering an exceptional experience to business travellers seeking the comfort and convenience of a home away from home, combined with the luxury and services of a high-end hotel. 

For business travellers seeking a blend of luxury, convenience, and exceptional service, Pluxa Serviced Apartments in Birmingham is the ideal choice.

FAQs

What is the advantage of serviced accommodations?

The advantage of serviced accommodations is that they offer a convenient and comfortable stay with hotel-like services, such as regular cleaning, maintenance, and sometimes concierge services. You can enjoy a hassle-free visit with all the comforts of home without worrying about day-to-day tasks like cleaning or paying utility bills, as these are all included in the rent.

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