January 13, 2021

What Is Serviced Accommodation?

37 minutes

In this episode of The SA Club Podcast, Ben and Chris answer the question ‘What is Serviced Accommodation? They cover the pros and cons of SA. They share how they viewed SA in the initial stage of their business compared when they reached 70 properties. They also cover the differences between SA and House in Multiple Occupation (HMO). Listen until the end to find out their their predictions for the SA market for 2021.

Highlights:

0:38 What is Serviced Accommodation

4:35 The Serviced Accommodation Business Model - Hospitality focused

8:17 Serviced Accommodation (SA) VS. House in Multiple Occupation (HMO)

11:41 Direct Bookings

14:46 Pro’s of Serviced Accommodation

24:21 Negatives of Serviced Accommodation

28:50 Predictions For The SA market For The Year 2021

33:14 Advice to People who are Planning To Get Into Serviced Accommodation

...more