Owning your own home

what are the benefits of that over oak parquet?

Lvt (luxery vinyl tile) is an inert medium meaning that unlike wood it does not expand and contract (well it does but no where near as much, expansion is considered negligable) with changes in heat and humidity. This means that it can be laid in any pattern over any distance without considering expansion and mitigating it. Wood on the other hand, bar a few patterns that require very skilled labour to lay (block herringbone for example) cannot do this, modern timber floors all have a maximum span that they can be laid. You ignore this maximum span at your peril as you'll either end up with a bouncy hump in the middle of a room or, worst case scenario the pressure exerted on the walls will be enough to detach them from their standings (not just stud walls either I've seen bricks kicked out where floors have been badly fitted).

Also because the expansion is so much less you can lay the flooring right up to skirting boards and don't need to either take off skirting to lay underneath or use beading to hide the 10mm expansion gap between the flooring and skirting board.

Lvt also plays better with underfloor heating, as long as there is a thermostat in the floor to stop the glue melting.

Downside Vs wood; can't be refinished and it doesn't feel the same.