Serviced apartments and short-lets sit in an awkward marketing position. They compete with hotels on the upper end and with Airbnb and traditional lettings on the lower end. The audience is fragmented: corporate relocations, business travellers, leisure visitors, families on extended stays, and locals between homes. Each segment has different decision criteria and different marketing channels. The operators that get this right run profitable, well-occupied portfolios. The operators that get it wrong burn marketing budget on the wrong channels and never quite figure out who their customer actually is.
This post covers the practical playbook for marketing serviced apartments and short-lets in London.