Have you ever thought about how your travel choices impact the environment? Or how you can make a difference with where you choose to stay?
Well, you’re not alone.
According to Booking.com’s 2023 Sustainable Travel Report by Booking.com, 76% of travellers desire to travel more sustainably.
That’s right, three out of every four travellers! And did you know serviced accommodations are leading this sustainable revolution?
With their eco-friendly designs and practices, they’re not just a place to rest your head but a step towards a greener future. Ready to dive in and discover more?
Let’s get started!
Key takeaways:
- UK’s Sustainable Serviced Accommodation sector is booming, offering property investors a green avenue for growth.
- With a focus on sustainability, these accommodations are set to redefine the UK’s property investment landscape.
Why Serviced Apartments Are the Future of Sustainable Travel?
Alright, let’s break it down. Have you ever tried to assemble a jigsaw puzzle? Serviced apartments are like that perfect piece that fits just right in the sustainability puzzle.
Here’s why:
1. Sustainable by Design
Think of serviced apartments as your favourite pair of jeans – they fit right. Their design is tailored to be eco-friendly. For instance, instead of having multiple facilities like hotels, which consume more energy, serviced apartments often have shared amenities. It’s like carpooling but for living spaces!
2. Standardisation and Compliance
Remember when you aced that test because you followed all the guidelines? That’s what serviced apartments are doing. Many are now getting green certifications, proving they’re top of the class in sustainability.
3. Extended Stay Benefits
Imagine going to a buffet and taking just what you need. Extended stays in serviced apartments mean fewer trips, less waste, and more savings. It’s like choosing quality over quantity.
4. Economic Practices
Have you ever saved up your pocket money for something big? Serviced apartments are all about smart savings. They focus on energy-efficient practices, which means less wastage and more savings for the planet.
Ready to dive deeper? In the next section, Five Sustainable Practices in Serviced Accommodation, let’s explore the core sustainable practices that make these accommodations the champions of green living.
Five Sustainable Practices in Serviced Accommodation
Alright, let’s dive into the heart of the matter. If serviced accommodations were a superhero, these practices would be their superpowers. Let’s uncover them:
1. Energy Efficiency
Imagine if your phone battery lasted twice as long with just one charge. That’s the magic of energy efficiency. Serviced apartments use things like LED lights and smart thermostats, ensuring they use power wisely, just like you’d use your phone battery on a long trip.
Moreover, these energy-saving measures translate to reduced operational costs, making them an attractive investment. For property investors in the UK, it’s a blend of sustainability and cost-effectiveness.
2. Waste Reduction and Recycling
Remember when you sorted out your old toys and clothes for donation? That’s a form of recycling. Serviced accommodations take this a step further. They have systems in place to reduce waste and recycle wherever possible.
It’s like giving Mother Earth a helping hand. Beyond the environmental benefits, this proactive approach to waste management enhances the property’s appeal to the eco-conscious traveller, adding a competitive edge in the market.
3. Use of Sustainable Building Materials
Have you ever heard of bamboo flooring? It’s not just trendy; it’s sustainable. Serviced apartments often use materials like this and low-VOC paint, which are kinder to the planet. Think of it as choosing a salad over junk food for a healthier lifestyle.
These sustainable materials reduce the environmental impact and offer durability and longevity, ensuring a better return on investment for property owners.
4. Promotion of Shared Spaces
Think back to those fun community picnics or shared study sessions. Shared spaces in serviced apartments work on a similar principle. By promoting co-working and shared amenities, they reduce the overall carbon footprint to become carbon-neutral serviced accommodations.
It’s community living with an eco-friendly twist! Additionally, these shared spaces foster community among residents, enhancing the overall living experience and increasing tenant retention rates.
5. Incorporating Green Technologies
Imagine harnessing the sun’s power to charge your gadgets. That’s what green technologies like solar panels do. Many serviced apartments are integrating these technologies, making them a beacon of sustainability.
Beyond the environmental perks, these technologies lead to significant savings in utility bills, making the property more financially viable for investors and tenants in the long run.
Let’s wrap things up and consider why this matters in our next section: Conclusion: The Future of Sustainable Investments.
The Future of Sustainable Investments
Remember the days when ‘green’ was just a colour? Now, it symbolises a movement, a commitment to our planet. Sustainable serviced accommodations aren’t just a trend but a testament to the future.
For property investors in the UK, this is more than just an opportunity; it’s a call to action. By investing in these eco-friendly havens, they’re securing a profitable future and playing a pivotal role in the larger narrative of environmental conservation.
And guess what? Pioneers like PA Property Sourcing are already leading the charge, showcasing that the blend of sustainability and luxury is not just possible but highly desirable.
So, as we stand on the brink of this green revolution, one must wonder: isn’t it time to be part of the change and invest in a profitable and sustainable future?
Contact us now to learn more.
FAQs
What role do waste reduction and recycling play in sustainable serviced accommodation?
Waste reduction and recycling are central to sustainable serviced accommodation. They minimize environmental impact by reducing waste and conserving resources, ensuring accommodations are eco-friendly and efficient.
What long-term benefits can investors expect from sustainable serviced accommodation investments?
Investing in sustainable serviced accommodation offers growing benefits. Investors see consistent returns due to rising eco-friendly demand, enhance brand image, and ensure compliance with environmental standards. It’s profitable and eco-conscious.
Peter Juhasz is the founder of Pluxa Property, the biggest property investment company in UK and Group CEO of AIP Capital Group and a property investment expert with over a decade of experience in the UK market.
He built a successful property company using innovative cashflow strategies like Serviced Accommodation and HMOs, scaling to 200 units in four years.
Peter leads a team specializing in property and business acquisitions across various sectors. A former co-host of “Cashflow With Property,” he shares his expertise in real estate investing and business scaling.
He is committed to continuous learning and helping SME owners and investors maximize their returns, driven by his passion for empowering others to achieve their financial goals.
To learn how Pluxa Property can help you in UK property investment, contact our experts.
