When looking at LVT/LVP the biggest benefit is it is 100% water proof and clicks together with each brand having there own unique clicking method. Installation is much simpler making installation quicker then other flooring options.
LVT is a luxury vinyl product that looks like stone or ceramic tile, complete with gorgeous natural colors and surface texture that feels like the real thing.
LVP is luxury vinyl flooring that looks like wood planks in everything from color to species. Surface textures often include the look of scraping or embossing, which dramatically heighten the realism. Also like wood, planks may be installed in sophisticated ways—in brick fashion, diagonally, and so on.