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An apartment hotel or aparthotel (also residential hotel, or extended-stay hotel) is a
serviced apartment Short-term rental describes furnished self-contained apartments that are rented for short periods of time, usually by the month as opposed to annual rentals in the unfurnished apartment rental market. They are seen as an alternative to hotels. "Sh ...
complex that uses a
hotel A hotel is an establishment that provides paid lodging on a short-term basis. Facilities provided inside a hotel room may range from a modest-quality mattress in a small room to large suites with bigger, higher-quality beds, a dresser, a re ...
-style booking system. It is similar to
renting Renting, also known as hiring or letting, is an agreement where a payment is made for the temporary use of a good, service or property owned by another. A gross lease is when the tenant pays a flat rental amount and the landlord pays for a ...
an apartment, but with no fixed contracts and occupants can "check out" whenever they wish, subject to the applicable minimum length of stay imposed by the company. 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 varied with anywhere from a few days to months or even years. The people who stay in apartment hotels use them as long-term accommodation; therefore, the hotels are often fitted with most things the average home would require.


Origins

Apartment hotels were first created in holiday destinations as accommodation for families that needed to "live" in an apartment rather than "stay" as they would in a hotel. The apartments would provide a "holiday home" but generally be serviced. Later, these apartments evolved to be complete homes, allowing occupants to do everything they would at home, such as cleaning, washing, and cooking.


Extended stay hotels

Extended stay hotels, also called
serviced apartment Short-term rental describes furnished self-contained apartments that are rented for short periods of time, usually by the month as opposed to annual rentals in the unfurnished apartment rental market. They are seen as an alternative to hotels. "Sh ...
s or aparthotels are a type of lodging with features unavailable at standard hotels. These features are intended to provide more home-like amenities. There are currently 27 extended stay chains in North America with at least 7 hotels, representing over 2,000 properties. There is substantial variation among extended stay hotels with respect to quality and the amenities available. Some of the economy chains attract clientele who use the hotels as semi-permanent lodging. Extended-stay hotels typically have self-serve laundry facilities and offer discounts for extended stays, beginning at 5 or 7 days. They also have guestrooms (or "suites") with kitchens. The kitchens include at a minimum usually: a sink, a refrigerator (usually full size), a microwave oven, and a stovetop. Some kitchens also have dishwashers and conventional ovens. Extended stay hotels are aimed at business travelers on extended assignments, families in the midst of a relocation, and others in need of temporary housing. The
Residence Inn Residence Inn by Marriott is a brand of extended stay hotels. , there were 874 Residence Inn hotels in the United States, Canada and Mexico with 107,680 rooms, plus an additional 243 hotels with 30,417 rooms in the development pipeline. The brand ...
chain was launched in 1975 in
Wichita, Kansas Wichita ( ) is the largest city in the U.S. state of Kansas and the county seat of Sedgwick County. As of the 2020 census, the population of the city was 397,532. The Wichita metro area had a population of 647,610 in 2020. It is located in ...
by Jack DeBoer, and acquired by Marriott Corporation in 1987. As of April 2005, there were over 450 Residence Inn hotels in the United States, Canada, and Mexico.
Staybridge Suites Staybridge Suites is an all-suite, residential-style brand of hotels within the InterContinental Hotels Group. The hotels are primarily targeted toward extended-stay and corporate travelers. Over 220 Staybridge Suites hotels are in the Unite ...
and
Candlewood Suites Candlewood Suites is a hotel chain within the InterContinental Hotels Group (IHG). History The Candlewood Suites chain was started in 1995 by Jack Deboer, founder of the Residence Inn and co-founder of the Summerfield Suites chain. The firs ...
, both owned by the
InterContinental Hotels Group InterContinental Hotels Group (IHG), marketed as IHG Hotels & Resorts, is a British multinational hospitality company headquartered in Denham, Buckinghamshire, England. It is listed on the London Stock Exchange and is a constituent of the F ...
, are two examples of hotels designed for business and extended stay travelers. Another brand of extended-stay hotels is Homewood Suites, which is part of Hilton Worldwide. One brand came from the merger of Extended Stay America and Homestead Hotels, which combined in 2004 to become
Extended Stay Hotels Extended Stay America, Inc., headquartered in Charlotte, North Carolina, is the operator of an economy apartment hotel chain in the United States and Canada. As of December 31, 2019, the company owned and operated 557 hotel properties consisting ...
with over 670 owned and operated properties in the United States. A hotel chain,
Choice Hotels International Choice Hotels International, Inc. is an American multinational hospitality company based in Rockville, Maryland. The company, which is one of the largest hotel chains in the world, owns several hotel brands ranging from upscale to economy. As o ...
, franchiser for brands such as Comfort Inn, Comfort Suites, Sleep Inn, and Quality Inn, operate the MainStay Suites brand. They acquired the Suburban Extended Stay hotel chain in 2005, with over 150 hotels open and under development. The low-budget extended stay chain Intown Suites was founded in 1988, with 139 locations in 21 states. Since 1999 the U.S. budget lodging chain
Motel 6 Motel 6 is a privately owned hospitality company with a chain of budget motels in the United States and Canada. Motel 6 also operates Studio 6, a chain of Apartment hotel, extended-stay hotels. The hotel brand is owned by The Blackstone Group's ...
, owned by
The Blackstone Group Blackstone Inc. is an American alternative investment management company based in New York City. Blackstone's private equity business has been one of the largest investors in leveraged buyouts in the last three decades, while its real estate b ...
(previously
Accor Accor S.A. is a French multinational hospitality company that owns, manages and franchises hotels, resorts and vacation properties. It is the largest hospitality company in Europe, and the sixth largest hospitality company worldwide. Accor ope ...
), operates Studio 6, a chain of extended stay hotels with weekly rates. The chain provides a kitchen area in its rooms, and allows pets, and operates in 18 U.S. states and Canada. In the UK, Roomzzz were the first national aparthotel chain to open in 2006. There has been a sharp surge in business travel in India over the last few years with India becoming more integrated with the global economy and service apartment demand is going to increase significantly. There are many service apartments player like PAJASA having more 3000+ inventory is market working for corporates.
The Ascott Limited The Ascott Limited (hereinafter referred to as "Ascott") is a Singaporean wholly owned lodging business of CapitaLand Investment, one of Asia's largest diversified real estate groups. Headquartered and listed as a Singapore company, Ascott has g ...
is a serviced apartment group that has over 70,000 properties over 190 cities in more than 30 countries.


Single room occupancy

Single room occupancy hotels (more commonly abbreviated to SRO), also called "residential hotels" are a form of housing that is typically aimed at residents with low or minimal incomes. They usually rent small single rooms without amenities such as kitchens, toilets or bathrooms, which are rented out as
permanent residence ''Permanent Residence'' () is a 2009 Hong Kong film starring Sean Li and Osman Hung. It was directed by Hong Kong filmmaker Danny Cheng, also known as Scud. The film explores several themes traditionally regarded as 'taboo' in Hong Kong societ ...
and/or primary residence to individuals, within a multi-tenant building with shared kitchens, toilets or bathrooms. SRO units are typically 8 feet by ten feet. While roommates sharing an apartment may also have a bedroom and share a bathroom and kitchen, an SRO tenant leases the SRO unit individually. SRO units are the least expensive form of non-subsidized rental housing, with median rents even in New York City ranging from $450 to $705 per month. SROs may constitute a form of
affordable housing Affordable housing is housing which is deemed affordable to those with a household income at or below the median as rated by the national government or a local government by a recognized housing affordability index. Most of the literature on af ...
, in some cases for formerly or otherwise homeless individuals. The term is primarily used in Canada and US. Since the 1970s and 1980s, there has been an increasing displacement of SRO units aimed at low-income earners due to gentrification, with SRO facilities being sold and turned into condos. Between 1955 and 2013, almost one million SRO units were eliminated in the US due to regulation, conversion or demolition. The term refers to the fact that the tenant rents a single room, as opposed to a full flat (apartment). SRO units may be provided in a rooming house, apartment building, or in illegal conversions of private homes into many small SRO rooms. There is a variety of levels of quality, ranging from a "cubicle with a wire mesh ceiling", at the lowest end, to small hotel rooms or small studio apartments without bathrooms, at the higher end. They may also be referred to as "SRO hotels", which acknowledges that many of the buildings are old hotels that are in a poor state of repair and maintenance. The acronym SRO has also been stated to mean "single resident only".Beckett, Katherine; Herbert, Steve. ''Banished: The New Social Control In Urban America''. Oxford University Press, 2009. p. 27


See also

*
Serviced apartment Short-term rental describes furnished self-contained apartments that are rented for short periods of time, usually by the month as opposed to annual rentals in the unfurnished apartment rental market. They are seen as an alternative to hotels. "Sh ...
* Studio apartment *
Corporate housing Corporate housing is a term in the relocation industry that implies renting a furnished apartment, condo, or home on a temporary basis to individuals, military personnel, intern groups, or corporations as an alternative to a traditional hotel or ...


References

{{DEFAULTSORT:Apartment Hotel Hotel types
Hotel A hotel is an establishment that provides paid lodging on a short-term basis. Facilities provided inside a hotel room may range from a modest-quality mattress in a small room to large suites with bigger, higher-quality beds, a dresser, a re ...