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.
Will the recent Bomb blasts in India affect the business prospects in India? Is it safe for people to travel to India? Is it safe for foreigners especially westerners travelling to India or Bangalore? What will be the impact of these terrorists strikes on the hospitality industry? What about Serviced Apartments Industry in Bangalore?.... More
Eminent Lawyer and well known media columnist P.S. ChanneGowda writes in the wake of the recent controversy about foreigners staying in Bangalore Service Apartments..... More
Bangalore Serviced Apartments- Funny Stories.
Late in the night, a young executive checked into a Service Apartment in Bangalore . The adjacent room was More
The Bangalore Serviced Apartment Industry- Origin - Prospects.
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 close to their work place. Thus there is a high demand for accommodation facilities where the IT companies are concentrated. Also, the highly paid professionals start investing on apartments... More
Is the Bangalore Story Over? Bad News for Serviced Apartments?.
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.
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Bangalore Slowdown Hits Hospitality Industry- CountryBoat.com Prognostication Vindicated
As pointed out by CountryBoat.com many months before, Bangalore's Hospitality industry has started showing clear indication of slowdown.
Businessline has reported recently: "If Indications are to be believed, hotels in the city have been witnessing a softening of rates.... More
Hospitality, Hotels, Service Apartments in Bangalore face slowdown.
As suggested by Countryboat.com earlier, Bangalore Service Apartments business is heading for tough times.
Many indicators suggest that Hospitality business in Bangalore, including Service Apartments and
Hotels are facing slowdown. For example, a recent survey points out the possibility of drop in
job recruitment in Hospitality industry in Bangalore.
More
Protest against visitors from Middle-East staying in Bangalore Serviced Apartments
A section of residents of a Bangalore Apartments complex protested against foreign nationals from Middle East countries staying in the Service Apartments there... More
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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% cheaper than Bangalore Hotels. [1]
Though it is true that there were a few Service Apartements in Bangalore earlier itself, people were not very familiar with the concept of "Service Apartment- Bangalore" till the around 2004-2005. The Year 2005 saw approx. 6.8 million square ft of commercial office space absorption in Bangalore and approx. 5.5-6 million square feet during 2006, a number that featured amongst the highest of its kind in the world. [2] At that point of time, the city had shortage for quality hotel rooms. The search for alternative accommodation facilities resulted in large number of Bangalore service apartments opened up. [3]. Service Apartments in Bangalore are, in a way result of the recession prior to 2005. Large number of apartments, which came up during the period of property- boom, found less demand during the recession phase and, as many of them are already fully furnished apartments, some property builders came up with the concept of Service Apartments. Thus, unlike in the west, were it was Hotel industry which came up with this concept, converting some of their suites into serviced apartments, to make the package attractive for their long staying guests, in India, its either builders or apartment owners that are venturing into the Serviced Apartment business. [4]
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Corporate Guests - As of today more than 75% of Serviced Apartments Rooms in Bangalore are occupied by Corporate Guests. Corporate Guests include Top Management persons, Trainees and Corporate Guests Visiting the Bangalore based Office...
Medical Tourists (Also called Health Tourists) from the US, Europe, the Middle East (Gulf Countries), Africa or even from neighbouring countries like Pakistan and Srilanka...
Domestic Travelers to Bangalore - Karnataka has more than 3,82,00,000 Domestic Travelers arriving to the state every year...
Foreign Visitors visiting Bangalore - In fact 3,82,000 (or 3,25,000 according to Karnataka Govt sources) Foreign visitors arrived in Karnataka in the year of 2010.... Most importantly, FTA in India is growing by approx. 11 to 12% yearly...
Leisure Travelers prefer to stay because, in cities like Bangalore, Serviced Apartments are only affordable short Term Accommodation for Travelers...
Relocating Guests from Other cities, prefer to stay in Bangalore Serviced Apartments because they are fully furnished, Serviced Apartments come with fully equipped kitchen, LPG etc...
Independent Business Persons.
Relatives arriving from other States, who are visiting resident families or working professionals in Bangalore.
Company Executives and Entrepreneurs during Business Exhibitions and Trade Shows...
Foreign and Indian Delegates and other visitors visiting Bangalore during Air Shows and other Major Events...
Researchers, Scholars and Scientists visiting Bangalore based Institutions...
Wedding Occasion and Family Get together...
NGOs and Social Workers...
Airline Cabin Crew, Helicopter maintenance/ Training...
TV Serial and Movie Crew and Artists...
Health Conscious Guests...
International/ Domestic Travelers waiting for connecting Flights...
Students, Professionals Attending Interviews, Tests...
Marketing Staffs from various companies...
Cricket Fans...
Journalists...
Political Leaders...
School and College Students / Teachers Visting Bangalore as part of excursions...
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