What is the most economic Melbourne accommodation?

Posted by juliabennet on March 13th, 2013

Everyone tries to save money on their accommodation – this is irrespective of hotel stay or rented accommodation, both short and long term. Melbourne is the second largest city in Australia and is the financial hub of the country. It is needless to say that the Melbourne accommodation rates are higher than almost anywhere in the country. If you want to save money on your stay in the city then opting for Melbourne short term apartments could be an excellent idea.

It is not that there are no budget hotels in Melbourne. Visit the travel websites and you will find plenty of 2 and 3 star hotels that are well within your budget. But do you really need to stay in these hotels just because you want to save money on your Melbourne accommodation? Why shouldn’t you consider Melbourne short term apartments when they are available for you?

In the recent years the Melbourne short term apartments industry has seen a major boost. And it is not only in Melbourne that this industry is thriving – the scenario is similar across the large Australian cities. The demand for this type of Melbourne accommodation has skyrocketed and both corporate and leisure travellers prefer these types of accommodation options. When a company sees that it can save thousands of dollars every year by accommodating its travelling executives in these apartments and not in hotels wouldn’t it grab the opportunity?

The occupancy percentage of hotels and short term serviced apartments throughout Australia is in the region of 72% and this figure has remained more or less consistent over the years. But if you deep dive you will find that the share rented accommodation in this percentage of occupancy has gone up drastically. The cost of staying in Melbourne short term apartments is about 40% less than staying in corresponding class hotels and the sizes of these apartments are around 50% more than the hotel suites. No matter which angle you consider this form of Melbourne accommodation is always preferable.

So when someone asks you about the most economic mode of accommodation in Melbourne don’t go about hunting for those cheap hotels. You would get much better options in short term rented apartments. And these are full service apartments with all modern amenities and utilities. You get the experience of home away from home in these apartments and the money you pay for this experience is much less compared to the cost of staying in hotels.

Just keep in mind some points about these short term rented apartments – 1. What is the minimum duration of stay that they require, 2. What is the location of the apartment that you are looking for and 3. How many people can stay in the apartment you are planning to book? When you search for the apartments bear these points in mind and you should be able to shortlist the perfect Melbourne short term apartments. There is no cheaper but top class Melbourne accommodation option available for you at the moment.

If it is not planned Melbourne accommodation can be quite expensive. When someone books Melbourne short term apartments they can save a lot on stay cost.

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