Recent data published by Statista Research Department shows a split market share between short-term rentals and hotel stays depending on location and time of year. While traditional hotels still hold a huge market share, renters are shifting towards short-term rentals due to convenience and consistent service, especially post-pandemic.
Whether you’re visiting Australia for business, leisure, or an extended stay, deciding between a short-term rental and a hotel will significantly impact your budget and experience. For our topic today, we will break down the key factors to help you decide which of the two options suits your accommodation.
Cost: Which option offers better value?
Short-Term Rentals
Short-term rentals generally offer better value for longer stays. Because these apartments have kitchens, they will help cut down expenses on your dining costs. Lastly, there are no hidden fees such as minibar charges or service fees that are often seen in hotels.
Traditional Hotel Stay
Prices could be higher per night but often include amenities like housekeeping and breakfast. A discount may be available for last-minute bookings or package deals. However, there are possible additional costs for parking spaces, Wi-Fi, and room service.
If you plan to have an extended stay or travel with your family, a short-term rental may offer better overall savings. Meanwhile, hotels can provide better short-term value with inclusive services.
Comfort and Amenities
Short-Term Rentals
Feel home with its separate living areas, a fully equipped kitchen, and laundry facilities. It is ideal for travellers who seek privacy and a personalised stay experience. Short-term apartments offer a range of options, from stylish apartments to spacious homes, catering for your needs.
Traditional Hotel
Hotel stays offer consistent comfort with daily housekeeping, room service, and concierge support. Most of them also offer facilities such as pools, gyms, and restaurants to add convenience.
If you prefer a homely, independent stay, a short-term rental is for you. But if you want full service, a hotel stay is more suitable for you.
Flexibility: Freedom vs Convenience
Short-Term Rentals
Short-term rental offers a flexible check-in and check-out option and will often allow you to tailor your stay schedule. Its self-catering facilities provide freedom to cook and manage your daily routines. This is perfect if you work remotely and need a comfortable work setup.
Traditional Hotel
Hotels have fixed policies for check-ins and check-outs, with 24/7 front desk support. It has structured services if you prefer a hassle-free stay with no planning involved.
If you prefer more freedom, a short-term rental will best suit your needs. Meanwhile, the hotel option will offer structured services to cater for your needs.
Pros and Cons: Short-term rental vs Hotel Stay
When to choose short-term rental over a hotel stay
In this part, we will provide five checklists that you can use to look at if you are about to choose a short-term rental over a hotel stay.
- I have an extended stay (1 week or more)
- I am travelling with my family or a group
- I need a workspace and home-like amenities
- I want a local and personalised experience
- I am looking for a budget-friendly option for a longer stay
When a hotel might be a better choice
Now, here are the five checklists you can look into if you are leaning more toward booking a hotel stay.
- I have short business trips or weekend getaways.
- I want easy access to concierge services.
- I prefer structured amenities (housekeeping & room service).
- I prefer to have a convenient stay over space.
- I am attending an event or conference nearby.
The right choice for your Sydney stay
Both short-term rentals and hotel stays have advantages depending on your travel style, budget, and length of stay. If you value flexibility, space, and a home-like experience, a short-term rental is for you. However, if you prefer convenience, services, and reliability, a hotel might be a better choice.
If you’re looking for a short-term rental apartment for your Sydney stay, feel free to reach out, and we will help you find the best option for you.
Our 3-step process
Search
Using the search engine available on our website, you can choose the destination, pick check-in and check-out dates, the number of people staying for the apartment, and the price range per night.
Enquire
After choosing the available apartment on the list, you must complete our enquiry form. One of our agents will contact you directly to confirm your reservation and will send an invoice to your email.
Move-in
When we receive your payment, we will provide a welcome letter that contains all necessary information, including:
- Property Information
- House Rules
- Local Information
- Checkout instructions