What's the difference between serviced apartments and property hotels?

Property right hotel, that is, the developer of the hotel divides each room of the hotel into independent property rights and sells them to several owners respectively. Owners usually entrust developers or hotel management companies to operate in a unified way and enjoy certain dividends. Owners have a certain time to stay for free every year, and the owners can resell, inherit, mortgage and give away. Providing hotel services and selling part of the property rights to some investors and owners, then this kind of property project is called property-based hotel.

Hotel-style apartment, which means "hotel-style service, apartment-style management", is a pure service-style apartment that only provides services without any hotel management. In layman's terms, it is a high-end apartment that provides hotel butler-level services, but it is actually a residence. Generally, it is a house with independent property rights and a comprehensive suite with kitchen and bathroom. The building provides hotel-style business services, cleaning services, property management and lease management. Investors can use it for self-occupation just like buying ordinary houses, or rent it to a building in the form of a hotel to get a return on investment.

Property hotel is the property right of hotel rooms bought out by individual investors, that is, the developer sells the independent property right of each hotel room to investors in the form of real estate sales. Each room has its own independent property rights. Investors invest in real estate like buying commercial houses, entrust rooms to hotel management companies, get the return on investment, gain the appreciation of real estate, and get the free occupancy right given by hotel management companies for a certain period of time. Its essence is to cater to the real estate investment and financial management needs of ordinary people. The business model of property hotel is similar to foreign equity real estate investment funds and real estate limited partnerships, all of which are aimed at helping mass investors to participate in the commercial investment behavior of large-scale operating accommodation industry. Property hotel does not belong to real estate development, and its purpose is to gain value-added assets investment and hotel operating income.

In the 1960s, festive atmosphere prevailed in Europe. A large number of seaside villas have been developed along the Mediterranean coast of France, and politicians, aristocrats and wealthy businessmen from Europe and America flock to become leisure and holiday centers in Europe and even the world. Due to the high price of real estate, most families cannot afford to buy holiday villas alone, and some users who can afford to buy villas have very limited use time every year, only a few weeks at most, and the vacancy rate is very high. So relatives and friends bought a holiday villa together for everyone to use at different times, and the earliest concept of timeshare appeared. Accordingly, smart developers invented the timeshare model to attract customers by selling the right to use rooms, and achieved good results, thus forming the timeshare market.

Property hotel is an important type of tourism real estate, and its essence is "timeshare+real estate investment". It sells each unit of the hotel to investors respectively, and the investors entrust the hotel management company to operate or time-sharing network management, and get a certain return on investment. Because the annual profit dividend of the guest room is enough to offset the installment payment, and there is a considerable surplus, the owner can stop investing as long as he pays a small down payment, and acquire the property right after about 15 ~ 20 years. A well-run hotel can usually bring value-added effects to the property. Under normal circumstances, investors have the right to stay in hotels for a certain period of time every year, which can be used as the second residence of ordinary investors in the suburbs or the holiday base of enterprises and institutions.