What's the difference between a property hotel and a serviced apartment?

The difference between a property-based hotel and a serviced apartment is: different nature, different advantages and different origins.

First, the nature is different.

1. property hotel: individual investors buy out the property rights of hotel rooms, that is, developers sell the independent property rights of hotel rooms to investors in the form of real estate sales.

2. Serviced apartment: an apartment that provides hotel-style management services, integrates multiple functions of residence, hotel and clubhouse, and has two major functions of "self-use" and "investment", but its essence is still an apartment.

Second, the advantages are different.

1. Property Hotel: Entrust rooms to the hotel management company, get the return on investment and property appreciation, and at the same time get the free occupancy right given by the hotel management company for a certain period of time. Meet the needs of ordinary people for real estate investment and financial management, and gain value-added assets investment and hotel operating income.

2. Serviced apartment: Serviced apartment not only absorbs the service function and management mode of star-rated hotels, but also absorbs the characteristics of office buildings in the information age. With good communication conditions, it can provide secretarial, information, translation and other business services.

Third, different origins.

1, Property Hotel: In the 1960s, the holiday atmosphere prevailed in Europe, and a large number of seaside villas were developed along the Mediterranean coast of France. Most families can't afford to buy holiday villas alone, and some users who can buy villas have very limited use time every year, so there is a situation of joint purchase and separate use, and the earliest concept of timeshare came into being.

2. Serviced apartments: Serviced apartments first started in Europe 1994, which means "hotel-style service, apartment-style management". At that time, it was rented to tourists for temporary rest in the tourist area, and was managed by a special management company, which was both like a hotel and equivalent to a personal "temporary residence". These properties have become the embryonic form of serviced apartments.