Serviced apartments have significantly redefined corporate stays in recent years. With a growth rate of over 15% per annum, serviced apartment sector is the most buoyant segment of hospitality industry. While it is growing at a phenomenal rate, there is still a supply-demand gap which can be gauged by the fact that over 20% of hotel stays are due to the lack of serviced apartments. (more…)
What is GST?
GST – Goods & Services Tax is one of the most impactful economic reforms implemented in India from last few decades and is termed as a major social reform too. Here is a brief article on GST For Service Apartments in India.
Impact of GST on Service Apartment Industry in India:
AIRBNB has clearly established itself as one of the leaders of online marketers in hospitality service industry. While they may seem to have stay solutions for just about every kind of travel, there clearly exist some segments like corporate travel, where Serviced apartments score over AIRBNB over unverified and unregulated rentals on their portal. (more…)
A city that keeps you on your toes 24×7 and also the Financial capital of India, Mumbai, is a city where you just give a thing a thought and this place has it for you! Corporates Houses, spectacular sea fronts, snobbish localities, gastronomic street food, fashionable shopping streets, heritage building and a lot more. (more…)
When you start to look at serviced apartment, the biggest question is How to Choose the Perfect Serviced Apartment? and you’ll have large number of choices especially if you’re staying in a tourist area or a large city. This choice is great because it means that whatever you are looking for there will be something to suit what you’re looking for, (more…)
Looking for accommodation or corporate stays while your business trip, you will definitely find term service apartments and a question arises what is a service apartment?. A serviced apartment is a completely furnished apartment featuring hotel-like amenities and comforts which is rented out for short and long stays. (more…)
Serviced apartments are emerging as the most trendy place to stay for both corporate and leisure travellers today. It is a rental facility, like a hotel, where you can stay for a few days or a few weeks depending on the nature and purpose of your visit. (more…)