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Apartment Hotel


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Apartment Hotel
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Question: Apartment Hotel
Category: Glossary Of Real Estate Terms
Date Added: June 10th Sunday, 2007
Answer:

Apartment Hotel
 
Quote:
An Apartment Hotel (also ApartHotel, Apart Hotel and Apart-Hotel) is a type of accommodation, described as "a serviced apartment complex that uses a hotel style booking system". It is similar to renting an apartment, but with no fixed contracts and occupants can 'check-out' whenever they wish.
 
Apartment hotels are flexible types of accommodation; instead of the rigid format of a hotel room an apartment hotel complex usually offers a complete fully fitted apartment. These complexes are usually custom built, and similar to a hotel complex containing a varied amount of apartments. The length of stay in these apartment hotels is very varied with anywhere from a few days to months or even years. Prices tend to be cheaper than hotels. The people that stay in apartment hotels use them as a home away from home, therefore they are usually fitted with everything the average home would require.
Stop Quote:
http://en.wikipedia.org/wiki/Apartment_hotel
Apartment Hotel

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