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Serviced Apartment in Hong Kong
The advance of information technology and business communication affects the length of international assignments. Increasing numbers of international assignments are on project based, ranging from one month to six months. During the assignments, the expatriate may travel extensively throughout Asia. Serviced apartment is a no-frills solution for these international nomads.
There is a wide range of serviced apartments for these city hoppers to choose from. Driven by strong demand and unusually high return, operators find it profitable to convert secondary office buildings into serviced apartments. These apartments usually offer modern and chic accommodations in convenient locations. Rentals usually range from start at HK$10,000.00 to HK$40,000.00 per month. Minimum stay is one month.
Traditional serviced apartments are usually operated by hotel groups, offering five-star services and full range of facilities. Tenants usually pay a premium for these types of accommodations.
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