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Short-term rental (STR) describes furnished self-contained apartments or houses that are rented for short periods of time. [1] They are usually seen as an alternative to hotels. "Short stay" rentals are an offshoot of the corporate housing market, [2] and are also offered by private owners and investors via online platforms such as Airbnb. [1]
SilverDoor is an independent serviced apartment agent headquartered in Chiswick, London, UK, with further offices in Lancaster, Madrid, Singapore, Denver, Dubai and Hyderabad. The company specializes in the provision of serviced apartments worldwide and is used by corporate and private clients for relocation, staff housing programs, business ...
This article, Singapore decides to keep short-term rentals of private homes illegal in major blow to Airbnb, originally appeared on Coconuts, Asia's leading alternative media company. Want more ...
Norman Edwards, Peter Keys (1996), Singapore – A Guide to Buildings, Streets, Places, Times Books International, ISBN 9971-65-231-5 "Singapore Infopedia: Pearl's Hill". National Library Board. Archived from the original on 4 July 2007 "Singapore 1:1 City: Pearl Bank Apartments". Urban Redevelopment Authority.
On 14 August 1984, Scotts Holdings opened The Ascott Singapore, the first international-class serviced residence in the Asia Pacific region. [2] The name “Ascott” was coined by Ameerali Jumabhoy to represent Scotts Road in Singapore [3] (where the first property was located at) and a nod to the famed British races at Ascot, due to the family's association with equestrian sports. [4]
Under Heng, Centrepoint expanded into hospitality with the hotel brands, Fraser Place and Fraser Suites. In 1998, Fraser Suites Singapore and Fraser Place Robertson Walk were the first of F&N's serviced residence properties. The company subsequently opened locations in the UK, South Korea, and the Philippines. [12]
Vacation rentals can also negatively affect local communities in a number of ways. While not the major cause of limited affordable housing, vacation rentals negatively affect the long-term housing market in local communities, especially tourism communities. As more short-term rentals increase, the availability of long-term units decreases.
An apartment hotel or aparthotel (also residential hotel, or extended-stay hotel) is 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, subject to the applicable minimum length of stay imposed by the company.
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