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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 .
Visitors coming into Singapore for short-term visits were also barred from entering and transiting from March 23, 2020 to October 19, 2021. [26] In 2021, visitors arrivals further dipped to 330,059 visitors, which was a 88% decrease as compared to 2020.
Sonder Holdings Inc. manages short-term rentals, such as apartment hotels, in North America, Europe, and Dubai. [2] [3] It was founded in Montreal, Canada in 2014 and since 2016 has been based in San Francisco, California. [4] [5] Sonder manages over 9,000 units in over 40 cities in 10 countries and has served over 1 million guests. [6]
In April 2017, Ibis Budget introduced the new Nest rooms which include a pull-down bed. [15] In January 2019, ibis Budget launched a discount offer for rainy days. [16] In October 2019, Ibis Budget launched in Singapore. [17] The last remaining hotel with the old Etap name is located in Belfast, Accor sold the hotel to Andras House in March 2024.
Capella Singapore; Crockfords Tower, formerly planned to be named Maxims Tower, [1] is an 11-storey all-suite hotel [2] overlooking the Singapore harbour and the Southern Islands. The resort's casino is located beneath the tower. [3] The hotel was topped-out on 27 February 2009 and opened on 20 January 2010.
Lodging refers to the use of a short-term dwelling, usually by renting the living space or sometimes through some other arrangement. People who travel and stay away from home for more than a day need lodging for sleep, rest, food, safety, shelter from cold temperatures or rain, storage of luggage and access to common household functions. [ 1 ]