Business is facing uncertain times, not just in the UK, but globally. Business travel has always been a feature of working life for many employees, but with budgets tight companies are looking for ways to cut costs. However, the very nature of many businesses means that employees are still required to spend days, sometimes weeks and months away from home. Finding the right balance between cost and comfort has led to new developments in the hospitality industry in the last few years. This has included the rise of the serviced apartment as an alternative to hotel accommodation.
Growth and Location
Two cities in the UK that continue to see a level of growth in business as well as population are the South Midlands cities of Northampton and Milton Keynes. Both cities are logistically well placed - close to the capital with access to major communications routes throughout the UK. Milton Keynes was established in the 1960s with two specific aims: to alleviate overcrowding in London and to become a regional centre in its own right. Northampton is an older city that has grown as a result of its logistically strategic location and relatively competitive housing costs. Milton Keynes is now well established as a major centre for business and a destination for businesses travelers from throughout the UK, not to mention the rest of the world.
Long and short stays
Individual requirements for accommodation in Milton Keynes or Northampton depend on the length of stay. For business travelers requiring accommodation in either city from a night to more than a week, the serviced apartment provides a competitively priced alternative to hotel accommodation. For those finding their companies making a permanent move to the city, serviced apartments in Milton Keynes provide the perfect 'stepping stone' when relocating. The majority of apartments in Northampton and Milton Keynes are centrally located with easy access to the main transport links and business districts. Serviced apartments offer not only privacy and flexibility, but also zero house-cleaning worries. Including weekly maid services, laundry services and all you would expect from a boutique hotel, there is a range of accommodation in Milton Keynes available at prices that are highly competitive with terms that can range from a few days to months.
A realistic alternative to the real estate rentals for those in the process of relocating to Milton Keynes or Northampton, apartment accommodation can be found that provides space for individuals or whole families. With the uncertainty in the housing market, the flexibility of a serviced apartment is one of the key factors that make them so attractive to this particular market. When the sale of a previous home goes through it pays to be able to move quickly on a new one, but if this is not possible, a serviced apartment can be retained for a longer period. Whether it is for short term business travel or part of a relocation strategy, the serviced apartment is set to become the favoured form of accommodation for business travelers around the world.
Lynette Holroyd: For business travellers or those relocating to Milton Keynes or Northampton, the serviced apartment market is well established. Milton Keynes apartments are centrally located, ideal for short or long stays and convenient for the Midlands and London.
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