Service Apartments, Bangalore.
Serviced Apartments in Bangalore are fully furnished apartments, given for short term rent, with room service. They offer a variety of
amenities and services like, fully furnished bed-rooms, en-suite bathrooms,
Hot/Cold running water, Kitchen, Crockery & Cutlery , Refrigerator, Washing machine, Cable TV, Broad Band internet Connection, Daily
changing of linen,
Rroom cleaning, Assistance by room boy etc.
The Emergence of Service Apartment Industry and Its Decline.
It is primarily the software industry and the BPO sector which cause large number of business travellers visiting Bangalore.... The executives work in flexible work hours and it is important for them to live closer to their work places. Thus there have been high demand for accommodation facilities where the IT companies are concentrated. Also, the highly paid professionals and Businessmen who started investing on apartments and flats, later found it convenient to let out these apartments for short term or extended stay Rental. From 2003 onwards, Bangalore witnessed a boom in Business and the number of Business Travelers to Bangalore steeply increased in a very short span of time. And between 2004 to 2008, there was a shortage of quality Hotel Rooms in Bangalore, with respect to the number of daily guests visiting the city. All these contributed to the growth of Service Apartment Business. But by 2008, the recession hit the global market and by 2009, there have been over supply of Hotel rooms, compared to demand.
Is the Bangalore Story Over? Bad News for
Challenges Faced by Bangalore Serviced Apartments Industry.
High Attrition Rates in Bangalore Software Industry and Escalating Real Estate Price- How will this affect prospects of Serviced Apartment
Business in Bangalore? ▄
US Dollar Depended Export Market- How does this pose Challenge and Opportunity to Bangalore Service Apartment Business? ▄
Recession in USA and its impact on Hospitality and Service Aparment Sector?. ▄ The Appreciating Rupee- Challenge to Bangalore
Service Appartment. ▄ Large Number of Hotel Rooms Added in Bangalore Market. ▄ STPI tax Benefits End in year 2009.
▄ New Airport- Pressure on South Bangalore IT Hub would Come Down.
Bangalore Accommodation Service- Contact us for Luxury and Economic Serviced Apartments in
Bangalore, Discount Hotels, Extended Stay Accommodation and Hotel Apartments
Bangalore Serviced Apartments
As Star Hotels in Bangalore are unreasonably expensive, service apartment in
Bangalore are preferred by more and more visitors for their extended stay accommodation requirements. Many corporate also prefer to
accommodate their visiting executives in Service Apartments in Bangalore as it help to cut down unnecessary costs. Service Apartments are
at least 10% to 25% cheaper than Bangalore Hotels.
Service Apartments Bangalore
Service-Apartments-Bangalore.com provides short term and extended stay accommodation solutions in all parts of Bangalore. We help you
make your stay the most comfortable, where you will feel at home. Unlike other service apartments which provide accommodation at one
particular location, we help you to find and book accommodation in most part of the city. We work with professional Hospitality groups who
has the best infrastructure and facilities and also established themselves as reliable service providers during long years of service.
Please Call / Email us with your requirement, and we will get back to you with Details of Services and amenities offered, Availability of
Serviced Apartments and Rooms at various locations, Tariff and any other relevant information.
We understand that, we have customers with different sets of requirements. We understand that both Corporate customers as well as
Individual Travelers chose to stay in Service Apartments in Bangalore and each one has different requirements.
We have business amenities provided in our Service Apartments and also, they are affordable to ordinary leisure travelers as well as visiting
Medical Tourists, who attend Treatments in various Hospitals in Bangalore. We also understand that some of our clients are working with
NGOs and various other social organizations and we have Independent Serviced Rooms so that they get the best value for the money they
We believe in Service apartments Bangalore, that speak of quality, security and assured comfort.
Please let us know your Accommodation Requirement, and we will get back to you.
Mobile - 09495765868
Find Bangalore Serviced Apartment Now!! Anywhere in City...
Find service apartments, Bangalore
anywhere in Bangalore Not limited to those listed below. To hear Tariff,
amenities and any other details directly from Service provider Email now- email@example.com
How to Start a Serviced Apartment in Bangalore- Are They Viable?
First Publshed in April 2012
The answer is not easy. The success of you running a serviced Apartment depends on how you generate business leads and get conversion.
The bulk of the guests to any Serviced Apartment in Bangalore is coming from Corporate Houses. And these corporate business essentially
go to large units where 10 to 50 rooms are located in one building and restaurants and conference hall etc are also part of the
Accommodation Facility. However, it is extremely difficult to make profit from any large Serviced Apartment Complex simply because,
maintenance cost of these larger units are higher. Most of the big service Apartments actually run in loss in the lean season. Remember, if
the Service Apartments try to charge more Price from customer, then, they will put themselves in direct competition with Star Hotels, which
is not desirable.
Setting up a relatively smaller unit of Serviced Apartment is easier to begin with, however, even if they don’t have much occupancy, they
can some how survive for longer period compared to large Hospitality Unit. Again, all depends of how much working capital and resources
the management has with them. One problem with smaller Serviced Apartment is that, when they become really successful, they realize that
they are unable to reap the full benefit as they have only limited number of rooms to offer. Secondly, the employee salary, and many other
components of expenses are not that different from that of larger hospitality units.
It is very important that you should ensure a regular flow of business inquiries from the very beginning. Many new Service Apartment
Owners burn their hands by spending money for all sort of expensive Advertisements. Here comes the importance of choosing the right
marketing portal. JustDial comes first when thinking of Starting a small and medium sized Serviced Apartment Unit in Bangalore. Local
Business Portals like www.countryboat.com, www.bangaloreaccommodations.com, gives value for money service and ensure your business
get a good visibility. Some of the Service Apartments owners try to advertise in google.com/adwords. However, one should really opt the
right keywords, media, location and audience to get the best benefit from adwords.google.com
Classified Pages of Deccan Herald, Times of India and The Hindu etc are also used to find potential customers to the Service
Working jointly with established big groups of Hospitality providers may not be desirable for Smaller Serviced Apartment Business as bigger
groups never ensure any guarantee on guest occupancy, but advertise smaller associate units as part of their facility to present the image of
a larger Hospitality corporation having facilities in multiple locations of the city.
Though it is important to do some direct marketing to near by Companies to get Guests, employing marketing executives to sell your
Accommodation Service to local Corporates, may not give the desired results all the time.You should really monitor marketing
The emphasis of Serviced Apartment Business is on the Service you provide to your customers. You should train and motivate your
employees / third party Service Providers to ensure professional Service. Room Service, supply of food (often not advertised with main
business), washing and changing of linen etc should be ensured. Providing hot and cold water is some times disrupted in many parts of
Bangalore. You should show genuine interest to attend your customers and get their requirements satisfied. It may be a challenge, on
occasions, to come up to the expectation of well informed, well travelled guest. But there can be no compromise on the quality of service
you offer, with the limited resources, and human resources. Please note that upto 40% of the guests in most Service Apartments are either
old customers or recommended by past guests.
Boom and recession in the software market influences how the demand for serviced Apartments are generated. The period 2004-2007 was
the golden time for Serviced Apartments. By 2008, there was sharp decline for the demand for service apartments. But as the software
companies recruited in a big way in the month of June 2011, there was relatively more demand from this time forth. As of today, Infosys
and many other software companies have decided to cut their expenses, there is some uncertainty in the market about the customer
demand for the second part of 2012.
Also, once the Metro Rail project is completed, it will have an impact on the demand for Serviced Apartments. At present most service
apartments are situated in and around Software hubs. Metro Railway is expected to reduce the traveling time from one end of Bangalore to
the other, significantly.
Earlier, Service Apartments in Bangalore were concentrated in South and Central Bangalore. As the New Airport is located North of
Bangalore, and new Techno Parks are set up in selected locations of North and East Bangalore, now service apartments are coming up in
almost all parts of Bangalore.
In the future, the number of low budget Service Apartments may not come down in a big way, for many reasons. First, there are nearly a
lakh of flats and houses vacant in Bangalore. As there is less demand for rental customers, flat owners may be forced to rent them out as
fully furnished apartments with basic room services. These small hospitality units may not be come to be known as branded Serviced
Apartments. However, they are likely to offer better services than traditional Paying Guest Accommodation and may be more resemble the
“Bed and Breakfast” Units offered by retired couples in Western Cities.
Secondly, Unlike late 1990s, the business infrastructure is now available in all parts of Bangalore city. This means that companies are
coming up in every nook and corner of Bangalore. And we don’t have any form of business guest rooms in many areas of Bangalore. It is
likely that in selected areas around these New Business hubs, new units of Serviced Apartments may come up. Other noteworthy point is
the expansion of Internet using community in India. When a hotel is booked through commission based agents, or travel portals, the over
all price of these hotels are artificially raised . When the India’s internet using community expand from today’s 7 crore to approximately 35
crores by the next 5 years, a large number of smaller and relatively cheaper Serviced Apartments will attract most of these tech-savvy
travelers and executives at the cost of Hotels which are using expensive traditional marketing methods.