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v. t. e. Single-room occupancy ( SRO) is a type of low-cost housing typically aimed at residents with low or minimal incomes, or single adults who like a minimalist lifestyle, who rent small, furnished single rooms with a bed, chair, and sometimes a small desk. [ 1] SRO units are rented out as permanent residence and/or primary residence [ 2 ...
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.
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.
Here are the 2024 USA TODAY 10Best Readers' Choice Award winners for best rewards credit cards, frequent flyer programs, and hotel loyalty programs. USA TODAY 5 days ago
Extended Stay America. Extended Stay America, Inc., headquartered in Charlotte, North Carolina, is the operator of an economy apartment hotel chain in the United States and Canada. Prior to June 2021, when the company was acquired by Blackstone Real Estate and the Starwood Capital Group, it was publicly traded as a "paired share" with ESH ...
Vacation rental. A vacation rental is the renting out of a furnished apartment, house, or professionally managed resort-condominium complex on a temporary basis to tourists as an alternative to a hotel. The term vacation rental is mainly used in the US. Other terms used are self-catering rental, holiday home, holiday let (in the United Kingdom ...
A month-to-month lease is not always the cheapest rental option. Vicky Noufal, owner and associate broker at Platinum Group Real Estate, said the average monthly price of a two-bedroom rental is ...
Average daily rate. Average Daily Rate (commonly referred to as ADR) is a statistical unit that is often used in the lodging industry. The number represents the average rental income per paid occupied room in a given time period. ADR along with the property's occupancy are the foundations for the property's financial performance.
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