Serviced apartments and short-lets sit in an awkward marketing position. They compete with hotels at the top end. They compete with Airbnb and traditional lettings at 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. Operators who get this right run profitable, well-occupied portfolios. Operators who get it wrong burn budget on the wrong channels. They never quite work out who their customer is.
This post covers the practical playbook for marketing serviced apartments and short-lets in London.