Hozpitality Logo Hozpitality Logo
    • Advanced Search
    Language
    • English
    • Arabic
    • Mandarin
    • French
    • Spanish
    • Russian
  • Institutes
  • Companies
  • Suppliers
  • Courses
  • Jobs
  • Marketplace
  • Alumni Pages
  • Articles
  • Events
  • Awards
  • Courses
  • Jobs
  • Marketplace
  • More
    • Institutes
    • Companies
    • Suppliers
    • Alumni Pages
    • Articles
    • Events
    • Awards
  • Language
    • English
    • Arabic
    • Mandarin
    • French
    • Spanish
    • Russian
    • German

Did you register already??

Connect with Global Hospitality Professionals.
Meet, Network & Benefit !

"Thanks for rating!
Your contribution helps everyone make better decisions."

Totalstay Cover Image
User Image
Drag to reposition cover
TotalstayProfile Picture
  • About
  • Timeline
  • Jobs
  • Products
  • Promotions
  • Gallery
  • News & Articles
  • Events
  • Reviews
  • About
  • Timeline
  • Jobs
  • Products
  • Promotions
  • Gallery
  • News & Articles
  • Events
  • Reviews
  • premium

    Totalstay

  • Totalstay Facebook Profile Totalstay Linkedin Profile Totalstay Instagram Profile

    Totalstay Facebook Profile Totalstay Linkedin Profile Totalstay Instagram Profile

  • Totalstay Twitter Profile

    Cape Town, Cape Town, South Africa

  • 0 review(s)
  • 10 Following 17 Followers
  • Contact Us Our Team Testimonials

About Us

At Totalstay, we’re creating a better way for travellers to stay. We combine the best-practice of top hotels, with the flexibility and freedom of DIY travel.



Gallery
    No Gallery photos found

We are sorry this {artitle_title} article is not available anymore. Please click below to see other similar articles available on Hozpitality

Leading aparthotel operator offers flexi-rental accommodation at 4/5-star luxury properties

Latest News : 27 May 2020
3 years ago
Like
Comment
Share

Share to:

Timeline

Twitter
Facebook
WhatsApp
Pinterest
Linkedin
0
79150
0
0

Totalstay’s no-lease agreement mirrors growing flexible leasing in local commercial property market

Leading aparthotel operator offers flexi-rental accommodation at 4/5-star luxury properties

Cape Town, 27 May 2020 Totalstay, a Cape Town-based aparthotel operator that operates a private collection of fully managed, hotel-grade vacation rentals including hotels, villas and serviced apartments, is offering flexible monthly rentals free of lease agreements, at prices starting at just R8 500 per month.

This is ahead of what looks set to become a rebound in the USA, with the US aparthotel markets showing the strongest recovery in states that ended lockdown the earliest, including Texas, Georgia and Arizona. The aparthotel market is one of the first to rebound right now in the US and Europe, says Rael Phillips, co-owner and director of Totalstay. According to data from Airbnb, occupancies went up by 17% just over a week and a half ago, a gain of 7% on the week before, and a gain of 4% on the week prior.

Totalstays collection includes one-, two- and three-bedroom offerings, such as Latitude Aparthotel in Sea Point (32 apartments), Strand Beach in Sea Point (21 apartments), The Verge Aparthotel in Sea Point (22 apartments) and Urban Artisan Aparthotel in Woodstock (20 apartments). All properties offer 24-hour concierge, full kitchens, free wifi and hotel-grade amenities.

With South Africa still under lockdown, Totalstay has adapted to local conditions, says Phillips, meeting the needs of people under financial pressure and wanting hassle-free rentals. This also builds an element of resilience into our business, to see us through to the level when domestic travel will start again and local tourism starts picking up, he adds.

In general, however, he notes that aparthotels have been able to respond to the pandemic far more quickly and withstand more of the commercial impact its presented because of the sheer nature of an apartment/villa versus a conventional hotel room it offers more space and facilities, and is more flexible and agile. As people are allowed to travel again, theyre drawn to staying in serviced apartments because theyre much more self-isolated and individualistic, which upholds the social-distancing need. The risk of contaminated food is less because youre able to cook for yourself, and you have greater control over what you yourself can wash and clean.

While obviously nowhere near to pre-Covid levels of reservations, in the USA, Beyond Pricing, a Californian-based revenue management tool for the global vacation rentals market, has noticed an uptick in reservations, as restrictions in certain shelter-in-place locations are lifted. Theres also been a major shift in the length of stay, particularly in urban centres, more than doubling in April, pushing the average daily rate (ADR) downwards as price is negotiated over a longer period.

This flexible, agile nature is something that worked well in the commercial property-leasing market, even before the Covid-19 pandemic hit South African shores. Inospace, a Cape Town-based operator of serviced business parks that provides a wide range of industrial, office and storage space, offers terms with flexibility at its core. Rael Levitt, CEO of Inospace, says, South Africas weakening macro-economic climate and all the uncertainty it presented was fuelling demand for short-term, flexible leases, but the recent disruption to the economy has turbo-boosted that demand. The company is now offering monthly on-demand rentals on a pay-as-you-go basis, although for tenants who want a greater level of certainty, two- to three-year leases are offered, with a two-month lease break granted in the tenants favour.

Dynamic or fluctuating rental pricing, much like hotel room pricing, is something that we see coming into all commercial property, notes Levitt. We believe that large businesses and corporates will also start utilising this on-demand offer, especially in the warehousing and industrial space zones, to place stock that traditionally moves through more expensive retail channels.

Flexibility, agility and quick responsiveness have been saving graces for companies like Totalstay and Inospace, which are independent, privately owned and entrepreneurially led.

ENDS
Word Count: 652

About Totalstay

Totalstay is creating a better way for travellers to stay. They combine the best-practice of top hotels, with the flexibility and freedom of DIY travel. Everything a traveller wants from a hotel combined with everything they love about their home. They offer the essential services a traveler expects from a hotel together with the freedom, space and individuality of a home. Its the best of both worlds. And its the best way to travel. With a private collection of fully managed, hotel-grade vacation rentals in Cape Town including hotels, aparthotels, villas serviced apartments, the company aims to ensure that a guests stay is as memorable as possible, from start to finish.

http://www.totalstay.co.za

For more information, please contact:

CRAIG DUMMETT PR Manager for Totalstay
+27 (0) 82-072-4103 | +27 (0) 21-418-2488
craig@transformmarketing.co.za

#totalstay #abetterwaytostay

Recent Article Posted on Hozpitality


    Hozpitality's Best 30: Recognizing Most Popular General Managers in the UAE

    Hozpitality's Best 30: Recognizing Most Popular General Managers in the UAE

    369

    Posted : 1 hour ago

    Learn AWS Security Training Course in Laxmi Nagar

    Learn AWS Security Training Course in Laxmi Nagar

    43

    Posted : 1 hour ago

    Spencer Hayato Wadama named among Hozpitality's Best Commended GMs in UAE- 2023

    Spencer Hayato Wadama named among Hozpitality's Best Commended GMs in UAE- 2023

    74

    Posted : 2 hours ago

    Sherif Hanna named among Hozpitality's Best Commended GMs in UAE- 2023

    Sherif Hanna named among Hozpitality's Best Commended GMs in UAE- 2023

    57

    Posted : 2 hours ago

    Nemanja Acimovic named among Hozpitality's Best Commended GMs in UAE- 2023

    Nemanja Acimovic named among Hozpitality's Best Commended GMs in UAE- 2023

    62

    Posted : 2 hours ago

    Nathalie Cockayne named among Hozpitality's Best Commended GMs in UAE- 2023

    Nathalie Cockayne named among Hozpitality's Best Commended GMs in UAE- 2023

    73

    Posted : 2 hours ago

Register On Hozpitality FREE REGISTRATION!
Please Enter OTP received on email!
Totalstay Profile Picture

Almost done, Last step is to verify your email.

This will help us keep you updated about your application status.

Type in the code we sent to your email.

Close

Enter your email to login with your existing Hozpitality profile, or to create a new one.


Forgot Password?
Close
Profile Picture
cover-picture

Rate: Totalstay

Write a Review 0 Review(s)
No reviews found

Report this User

Important!

Are you sure that you want to remove this member from your Team-mate List?

New member was successfully added to your Team-mate list!

Crop your avatar

Totalstay

You are not logged in to review this page, Please login and try again.

  • Institutes
  • Companies
  • Suppliers
  • For Companies
    Post Job Search Candidates Create a Company Page Post articles
    Packages Marketplace Networking Advertising with us Feature Yourself Business Solution FAQs
  • For Professional
    Create a Profile Post articles
    Marketplace Networking Advertising with us CV Design Career Resources Job Alert Feature Yourself FAQs
  • For Institute
    Post a Course Create New Page Post articles
    Packages Advance Filter Networking Advertising with us Feature Yourself Business Solution FAQs
  • For Job Seeker
    Search For Job Search Companies Create a Profile CV Design Career Resources Latest News Networking Feature Yourself
  • For Student
    Search a Course Search Institute Create a Profile CV Design Career Resources Latest News Networking Feature Yourself FAQs
  • For Suppliers
    Sell Product Create New Page Marketplace Packages Networking Advertising with us Feature Yourself Business Solution FAQs
  • For Partners
  • Packages
  • About Us
    Resources About Privacy Terms Blogs News Room Acceptable Use Policy Hozpitality Canada Hozpitality UK Hozpitality India Hozpitality Australia FAQs
  • Contact Us
  • Hozpitality Group Facebook Profile Hozpitality Group youtube Profile Hozpitality Group instagram Profile Hozpitality Group linkedin Profile Hozpitality Group twitter Profile Hozpitality Group tiktok Profile Hozpitality Group Profile