The service apartment, also known as a serviced suite, apartment short term lease, or an extended-stay hotel, is a fully furnished apartment that is available for short-term or long term lease apartment stays. They are similar to hotels, but with more space and features commonly found in an apartment or condominium. Some have on-site staff to help provide housekeeping and other services.
The service apartment is marketed toward business travellers, but may also appeal to tourists and others who are looking for longer-term accommodation. It is a type of furnished apartment available for short-term or long term lease apartment stays, which provides amenities for daily use. Service apartment types are popular in large cities, and they are also an option for people who are not ready to buy a house.
The service apartment or the pet friendly serviced apartment is usually rented out by property managers and hotel chains as an alternative to hotels. These apartments can be found in high-end hotels, service apartment complexes, or converted from older residential buildings. Apartment O Causeway Bay apartments come with furniture, appliances, linens, and other home essentials.
Leasing service apartment History in Hong Kong
The hotel industry in Hong Kong is a fast-growing one and it has also shown great potential because of the increase in the number of people visiting Hong Kong. This has also been a result of the increase in business trips by foreign investors over the past few years. The hotels have also been able to compete with other sectors such as the service apartment and the pet friendly serviced apartment. The history of service apartment and lease apartment types can be traced back to the early 2000s when the business started to expand rapidly. Over the years, it has been able to compete with hotels and other Hong Kong short term lease accommodation services. They have been able to offer more advantages than hotels which include; spacious living rooms, private kitchens, a large space for exercising, and also a large space for children to play and many other facilities that are not found in most hotels.
Hong Kong's service apartment and lease apartment sector have grown exponentially over the past 30 years. During the 1980s, Hong Kong was still a comparatively expensive tourist destination in Asia and there were only a handful of the service apartment types and the available lease apartment options to tourists, and they were generally aimed at the high-end market. In 1989, Hong Kong's economy took a turn for the worse as property prices plummeted, which led to an increase in empty residential units. The real estate market was suddenly awash with vacant units, including large Hong Kong short term lease flats that offered more space than typical hotel rooms at a fraction of the price.
However, these flats were not equipped with facilities such as maid services, reception desks, or security systems. This meant that building owners had to find ways to differentiate their offerings from other hotels and the service apartment or the long term lease apartment. By the late 1990s, Hong Kong's property market had recovered and competition among service apartment types and the fully furnished apartment operators intensified, with an increasing number of operators entering the market and offering a wider range of products and services. At about the same time, there was also a surge in demand for the apartment short term lease accommodation from tourists visiting Hong Kong and mainland Chinese visitors, who preferred larger apartments with self-catering facilities.
Hong Kong has been a major service apartment and the Hong Kong short term lease market for many years. The service apartment and the service apartment pet friendly were first established in Hong Kong in the 1930s and have since been adopted as a form of accommodation by business travellers and expatriates, with more than 50,000 service apartment units available across the city. However, the sector has only recently become regulated. In 2003, private residential properties were allowed to be legally converted into service apartment types or furnished apartment options. This was a significant step forward for the sector, as it provided a legal framework for the registration of operators and standardisation of services. The Tourism Commission also began providing funding for the development of facilities to promote tourism in Hong Kong.
More recently, in 2015, the government introduced new legislation to provide quality assurance measures and guarantees for consumers. The legislation, which came into effect in October 2015, protects consumers from having to pay deposits or sign long term lease apartment contracts; it also prohibits operators from setting minimum stay requirements. The increasing importance of the service apartment or the furnished apartment is reflected in their high profile at MIPIM Asia, with many international operators exhibiting at the show each year.
Today, the service apartment and Hong Kong short term lease flats are seen as an alternative to hotels for long-stay corporate travellers looking to cut costs — demand is particularly strong among enterprises and professional firms seeking a lease apartment. Hong Kong has been known as one of the most expensive cities in the world to live in, and its housing market is no exception. The average price of a home in Hong Kong is HK$5.6 million (US$720,000), while the average price per square foot is HK$17,500 (US$2,246). Such prices are beyond the reach of many people and make Hong Kong an unaffordable city for many middle-class people.
The service apartment or the serviced lease apartment can provide an alternative to a traditional home purchase. The service apartment, also known as a flat, is a fully furnished apartment equipped with amenities such as a kitchen, bathroom, living room, and bedroom. This type of housing is particularly popular with young professionals who need apartment short term lease housing and want to avoid the cost and hassle of moving into a new home every time they move to a different job or location.
Hong Kong's service apartment and the long term lease apartment are typically located in prime locations within the city centre or near major public transportation lines. Apartment O Causeway Bay residences offer easy access to downtown areas and other parts of the city by subway or bus. The service apartment pet friendly and the furnished apartment options are located close to shopping and entertainment venues such as clubs, restaurants, and cinemas. Some have private swimming pools and tennis courts on-premises.
Leasing Service Apartment in Hong Kong now.
Hong Kong, China is a unique place to live and work. This is where the world's top businesses travel to make deals, meet with clients and market their products. There are also many expatriates that work here for different companies looking for a fully furnished apartment to stay in, which is why there is a service apartment or a lease apartment for rent in Hong Kong. Hong Kong is a place where the past and present coexist. While Hong Kong has its own unique culture, it is also a place where many cultures come together.
In Hong Kong, you can enjoy the four seasons throughout the year. It has a warm subtropical climate. In winter, the temperature is about 15 degrees Celsius, and in summer, it's about 31 degrees Celsius. The weather is pleasant with moderate humidity, making it easy to adapt to any climate. Most of the apartments and the pet friendly studio apartment options for rent in Hong Kong short term lease apartments are fully furnished with kitchenettes and bathrooms. Many of these apartments have a full kitchen with a stove and oven, which is great when you don't want to cook but still want to enjoy your time off from work.
There are also some apartments and apartment short term lease flats that have a communal area where people can gather together and enjoy meals together. If you have a large family then this might be something that you will enjoy, or if you just like having friends over then this might be perfect for you. When it comes to finding a one bedroom apartment or a pet friendly studio apartment in Hong Kong there are several things that you should consider before making your decision. First and foremost you need to decide how long you plan on staying in the city.
What makes choosing a service apartment a good decision for you when travelling
There are many service apartment and lease apartment types that one can choose from. The good thing about these rooms is that they have been tailored to suit the needs of the traveller and families. The service apartment or the Hong Kong short term lease apartments provide a great alternative to traditional hotels and offer many benefits that you won’t find in a regular hotel. Apartment O Causeway Bay service apartment options are also known as extended stay hotels. They provide all the services and facilities of a hotel, but they also come with a kitchen so that you can prepare your own meals if you wish. This is especially useful for travellers who are travelling on a budget or those who want to cook their own meals for health reasons.
Laundry facilities are also available in most of Apartment O Causeway Bay service apartment options, so you can save money by not having to pay for expensive laundry services. Staying in a service apartment or a pet friendly serviced apartment is the best choice for everyone who travels. It provides you the comfort of your home and convenience of a hotel, that is why more and more people choose to stay in a service apartment when they are on a trip.
Apartment O service apartment options are becoming more and more popular, especially among frequent business travellers or those who wish to stay in a foreign city for a long time. Although you can choose from various types of accommodation, such as hostels, hotels, or B & B, a service apartment or a lease apartment is the best choice for many reasons.
8 reasons why choosing a service apartment is a good decision:
1. Convenient locations
The service apartment or the service apartment pet friendly residences are located within the city centre or close to public transportation so it’s easy for you to get around.
2. Fully furnished and equipped
The service apartment offers fully furnished apartment availability in various sizes which are equipped with modern furniture and amenities such as kitchenware, cable TV, laundry machines, etc. that help you feel most at home during your stay.
3. Flexible lease terms
The service apartment offers flexible lease terms ranging from one day to one-year apartment short term lease and long term lease apartment. If you only need temporary accommodation during your business trip or need something longer term while relocating, a service apartment is the best option for you.
4. Affordable price
The cost of living in a service apartment or a pet friendly serviced apartment is lower than living in hotels because they have great value-for-money services including complimentary Wi-Fi and daily housekeeping.
5. No More Hotel Confinement
Hotels, though comfortable, are often too small and confine us within their walls. Staying in a service apartment or a one bedroom apartment gives you more options as many Hong Kong short term lease apartments are more spacious and come in different sizes to suit your needs. They also offer full kitchens and living quarters, so you can cook your own food or simply wind down after a long day at work or play.
6. Sleep Is So Important
No one likes to be woken up by the loud ringing of a hotel’s telephone in the middle of the night or have their sleep interrupted by the sound in Apartment O Causeway Bay flats, no other guests walking around above you on creaky floorboards. The service apartment or the pet friendly studio apartment affords you greater privacy because they usually come with separate bedrooms, so you can rest undisturbed.
7. A Place To Call Home
Apartment O service apartment and long term lease apartment afford travellers a home away from home experience while staying in a pet friendly serviced apartment as they usually come with a fully equipped kitchen, living room, and bedroom. This is especially important for families with young children who need to prepare meals for their children and an environment that allows them to play around freely. Business travellers will also appreciate having more space to spread out their paperwork than just a desk in their hotel room.
8. More privacy
A hotel is always crowded with people moving here and there so it is difficult to get privacy there. Whereas in a service apartment or a pet friendly serviced apartment, you will get complete privacy as they come with separate bedrooms so that each member can enjoy his/her own comfort zone after a tiring day. Apartment O Causeway Bay provides a wide range of service apartment options in Hong Kong. All the service apartment types are stylishly designed and fully furnished to meet the needs of executives who are working in Hong Kong and frequent visitors. You can choose from the most popular service apartment areas in Hong Kong including Central, Causeway Bay, and Happy Valley.