The trend of increased globalization, outsourcing to vendors, export led growth and expanding markets has meant that executives at all levels and all functions, are travelling more frequently, sometimes on extended stays, across country and internationally.
Increased travel has lead to soaring costs of travel and hotel stays. For export oriented companies like IT services, travel cost is a major expense. Corporates are looking at innovative ways to cut costs under all heads, including travel. Earlier large corporates used to operate own guest houses at multiple locations. But it not feasible to operate guest houses at all locations cost efficiently. These days, these companies are switching to Serviced apartments, especially for extended stays.- The room tariff of serviced apartment is around 30% less than that of a hotel.
- Cost of food at serviced apartment is approximately 30% to 40% less than restaurant or room service bills.
- Cost of services such as laundry and telephone & internet access charges are 25% to 40% cheaper.
Category:
Serviced Apartments in Delhi
| 0 Comments
