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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 .
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.
Agoda.com is an online travel agency catering to customers around the world, registered and headquartered in Singapore with operations in Bangkok, Thailand. [1] Agoda facilitates reservations for accommodation, flights, ground transportation, and activities. It is a subsidiary of Booking Holdings. [2] [3] [4] [5]
Situated at 2 Stamford Road, the hotel sits above City Hall MRT station and Esplanade MRT station. The 5-star hotel is a sister hotel of Fairmont Singapore and has 1,252 rooms and suites, 12 restaurants and bars, Raffles City Convention Centre, and one of Asia's largest spas, Willow Stream Spa. [2] A major renovation of the hotel was completed ...
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.
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.
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