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Serviced apartments are becoming more and more popular as an alternative to more traditional hotel accommodation. They offer more space, more freedom, more privacy and are on average up to 30% cheaper than hotel accommodation of comparable standard. A typical serviced apartment consists of a living room, a kitchen, a bathroom and one or more bedrooms. The kitchens are fully equipped, so the possibility is there for cooking at home and the rest of the apartment is fully furnished and equipped with all the modern conveniences, to create a home away from home.

Serviced apartments can be booked for stays of one night, one week, one month or even a year. For stays of up to one week aparthotels are very popular, with 24 hour reception and other hotel like services such as room service and daily cleaning. For stays longer than that a variety of extended stay options has been introduced to the market. Apartments which can be rented for stays from one week with more facilities than an aparthotel. Cleaning service is normally provided on a weekly basis. These type of serviced apartments can be found in major city locations and where there is a concentration of corporate activity.

In the UK, The Apartment Service, amongst others is one of the providers of serviced apartments for all types of stays.