Traditional Culture Encyclopedia - Hotel accommodation - What is the difference between an apartment and a hotel?

What is the difference between an apartment and a hotel?

The difference between them lies in the ownership of property rights, the nature of property and the mode of payment.

1. Property ownership is different: the property right of the apartment belongs to the buyer, the property owner has the right to live, sell and rent, and the property right of the hotel belongs to the investor.

2. The nature of the property is different: the property form of the apartment belongs to the residential category, while the property form of the hotel belongs to the non-residential category, such as hotel property.

3. Different payment methods: the apartment is a one-time investment, and the hotel needs to pay the hotel operator on time.