ASAP Business and Distribution Partner Acomodeo’s Apartment Price Radar 2018 releases savings made when booking a serviced apartment compared to a hotel, of up to 54% depending on the destination.

The analysis compares average hotel prices of provider HRS with the average prices of the serviced apartments listed on in 2018 across 40 cities, mainly in the Germany-Switzerland-Austria region.

The greatest savings for those booking serviced apartments over hotels were generally in the major German cities of Frankfurt (54%), Munich (53%) and Stuttgart (51%).

From 2017 to 2018, average booking prices in Frankfurt, Munich, Hamburg, Berlin, Dresden, Stuttgart and Vienna fell 24-40% on, mainly due to new entrants into this growing market.

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