Corporate relocation has expanded the serviced apartment market in London and it is enjoying success in becoming an increasingly prominent alternative to hotels, particularly for longer stays thus demand is high.

London short term apartments offer a degree of flexibility and additional services which are unavailable in the traditional long term rental market, which of course provides further opportunity for growth for the serviced apartment operators.

Demand for serviced apartments or short term lets London has been steadily increasing since 2009, and the rising demand is fuelled by a growing number of corporates directing the use of these apartments and the growing profile of the sector amongst leisure travellers.

In the quest to reduce costs the corporate demand for short stay apartments London is changing from prime central to less expensive locations, and moving towards compact small units and shared occupancy, furthermore tourist demand for these apartments is rapidly increasing in preference to a stay in a hotel room.

Surveys have shown that serviced apartments or a short let London now exceeds 6,600 units, which represents 6% of hotel supply, but with continuous demand for housing reducing cost by up to 30%. The demand is continuous and the choice of huge corporations relocating staff to the city to sign up to one of these apartments is a no brainer.

Serviced accommodation is not a new phenomenon, but is a rapidly growing industry in the UK; this type of apartment has been available here since the 1980s and is also highly popular in countries such as the USA, Australia, South Africa and Singapore.

This is an ideal solution for anyone on the move such as employees on short-term assignments who can sign up to a 3 month rental London, or UK families waiting to move into their new home, or Expatriates waiting to go into longer-term rented accommodation also business commuters working away from home on a project.

These apartments can be the height of luxury and make a comfortable home for a short period of time, they are available in either one, two or three bedroom suites, with separate kitchen, living and dining area, bedrooms and of course bathrooms, ideal for the business executive or tourists.

There are a variety of serviced accommodation providers, which are used to dealing with the corporate temporary housing market and longer stay; of course they cater for business travellers also providing accommodation for tourists.

What has been the norm in the past for corporate personnel to stay in hotels while away from home on business trips is gone by the wayside, more and more families are travelling together now and a serviced apartment is ideal for their needs.

A spokesman for Dolphin Corporate Housing located in the heart of Westminster said our apartments offer guests all the little things we take for granted in our homes, such as luxurious linen, duck down and feather duvets and pillows, cotton towelling, iron and ironing board, hairdryer, alarm clock radio, and of course weekly maid service, broadband/Wi-Fi internet, LCD flat screen television, direct phone line with voicemail system, a stay in one of our apartments is like staying in your own home, not forgetting you can cook for yourself in the fully fitted kitchen with top of the range dinner service and cutlery.

For further information visit: www.dolphinsquare.co.uk/square/corporatehousing/