Short Stay is a term coined by the company Vancouver Short Stay Apts. Inc. in 2002 in Vancouver, British Columbia, Canada by Mr. Edwin and Mrs. Jeanne Pennell. It describes furnished self-contained apartments that are rented for short periods of time, usually by the month as opposed to annual rentals in the unfurnished apartment rental market. They are seen as an alternative to hotels. The apartment will vary from studio apartments to luxury apartments. 'Short Stay' rental is an offshoot of the corporate housing market. Popular uses include vacation rental, and relocation.
This industry is seen as the most affordable option for month-long stays, and might be 25-50% cheaper than a hotel room. Some companies permit pets. Some booking procedures to be expected are credit checks, damage and holding deposits, and departure cleaning fees. Some renters have found that online photographs and descriptions were misleading, contact with the company in question is recommended.
Video Short stay apartment
See also
- Vacation property
- Apartment hotel
- Serviced apartment
- HomeSuite
Maps Short stay apartment
References
Source of the article : Wikipedia
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