An apartment hotel or aparthotel (also residential hotel , or extended-stay hotel ) is a serviced apartment complex that uses a hotel -style booking system. It is similar to renting an apartment, but with no fixed contracts and occupants can "check out" whenever they wish, subject to the applicable minimum length of stay imposed by the company.
41-531: Residence Inn by Marriott is a brand of extended stay hotels . As of June 1, 2021, there were 874 Residence Inn hotels in the United States, Canada and Mexico with 107,680 rooms, plus an additional 243 hotels with 30,417 rooms in the development pipeline. The chain traces its roots back to in 1975, when Wichita, Kansas developer Jack DeBoer found himself with apartment properties that were facing unusually high vacancy rates. He repurposed one of
82-522: A nonprofit referral chain of seven motels in Florida . The organization limited itself to locations east of the Mississippi River . By the early 1960s, Quality Courts United had approximately 600 members. All members were required to meet certain quality standards and offer amenities like air conditioning, telephones, swimming pools, paved driveways, and wall-to-wall carpeting. In 1963,
123-580: A bedroom and share a bathroom and kitchen, an SRO tenant leases the SRO unit individually. SRO units are the least expensive form of non-subsidized rental housing, with median rents even in New York City ranging from $ 450 to $ 705 per month. SROs may constitute a form of affordable housing , in some cases for formerly or otherwise homeless individuals. The term is primarily used in Canada and US. Since
164-591: A complete fully fitted apartment. These complexes are usually custom built, and similar to a hotel complex containing a varied number of apartments. The length of stay in these apartment hotels is varied with anywhere from a few days to months or even years. The people who stay in apartment hotels use them as long-term accommodation; therefore, the hotels are often fitted with most things the average home would require. Apartment hotels were first created in holiday destinations as accommodation for families that needed to "live" in an apartment rather than "stay" as they would in
205-722: A decades-old independent motel next to the Georgia Tech campus. The first hotel to become a Quality Royale franchise was the Georgetown Marbury House in Washington, D.C. , in January 1982. Comfort Inn, which would later become Choice Hotels' flagship brand, was marketed to family vacationers, business travelers, and senior citizens, and was intended to compete with Days Inn , Best Western , and Friendship Inn . The company's Quality Inn hotels remained in
246-622: A direct acquisition bid from Choice. Choice Hotels International is publicly traded on the New York Stock Exchange under the stock symbol CHH. It maintains a corporate headquarters in North Bethesda, Maryland, and a technology campus in Phoenix, Arizona. At year-end 2017, Choice Hotels employed 1,987 people in its global corporate operations. Stewart W. Bainum Jr. is chairman of Choice Hotels' board of directors,
287-438: A form of housing that is typically aimed at residents with low or minimal incomes. They usually rent small single rooms without amenities such as kitchens, toilets or bathrooms, which are rented out as permanent residence and/or primary residence to individuals, within a multi-tenant building with shared kitchens, toilets or bathrooms. SRO units are typically 8 feet by ten feet. While roommates sharing an apartment may also have
328-443: A hotel. The apartments would provide a "holiday home" but generally be serviced. Later, these apartments evolved to be complete homes, allowing occupants to do everything they would at home, such as cleaning, washing, and cooking. Extended stay hotels, also called serviced apartments or aparthotels are a type of lodging with features unavailable at standard hotels. These features are intended to provide more home-like amenities. There
369-562: A minimum usually: a sink, a refrigerator (usually full size), a microwave oven, and a stovetop. Some kitchens also have dishwashers and conventional ovens. Extended stay hotels are aimed at business travelers on extended assignments, families in the midst of a relocation, and others in need of temporary housing. The Residence Inn chain was launched in 1975 in Wichita, Kansas by Jack DeBoer, and acquired by Marriott Corporation in 1987. As of April 2005, there were over 450 Residence Inn hotels in
410-400: A multi-year process to develop the industry's first new global reservations system and distribution platform in 27 years. A cloud-based system, choiceEDGE, launched in 2018. The system can integrate with voice search and artificial intelligence. In 2018, Choice Hotels acquired WoodSpring Suites , an extended-stay economy hotel brand. Adding WoodSpring's 240 hotels across the U.S. tripled
451-713: A position he has held since 1987. Pat Pacious became president and CEO in September 2017. Previously, he served as Choice Hotels' president and chief operating officer . In 2023, the company moved their headquarters from Rockville, Maryland to the Pike and Rose neighborhood of North Bethesda, Maryland . Choice Hotels formed an alliance with Bluegreen Vacations , an international timeshare company, in 2013. Pursuant to this arrangement, many Bluegreen resorts are members of Choice Hotels' Ascend Hotel Collection brand. In 2021, Choice Hotels and Penn National Gaming entered into
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#1732790944795492-531: A strategic partnership to allow guests to book one of many Penn properties directly through Choice. Choice Hotels' rewards program is called Choice Privileges. In order to earn points through the program, one must book a reservation by either calling a toll-free number, going online, or using their mobile app. Points are updated the day after the user's stay. To redeem points earned using the program, one must log in on Choice Hotels' website. Points can be redeemed for gift cards or airline mileage. Additionally, there
533-465: A transformation of its Comfort properties in 2012, with the company removing its franchising from 600 properties that did not meet Choice Hotels’ new standards. Choice Hotels rebranded Comfort in 2018, which brought its Comfort Inn, Comfort Inn & Suites, and Comfort Suites brands under one umbrella. Some of the Comfort properties that didn't meet Choice's standards for the brand were rebranded under
574-481: Is a variety of levels of quality, ranging from a "cubicle with a wire mesh ceiling", at the lowest end, to small hotel rooms or small studio apartments without bathrooms, at the higher end. They may also be referred to as "SRO hotels", which acknowledges that many of the buildings are old hotels that are in a poor state of repair and maintenance. The acronym SRO has also been stated to mean "single resident only". Sleep Inn Choice Hotels International, Inc.
615-477: Is an American multinational hospitality company based in North Bethesda, Maryland . The company, which is one of the largest hotel chains in the world, owns various hotel brands ranging from upscale to economy. As of the third quarter 2023, Choice Hotels franchised nearly 7,500 hotels, representing nearly 630,000 rooms, in 46 countries and territories. Quality Courts United, Inc. was founded in 1939 as
656-407: Is substantial variation among extended stay hotels with respect to quality and the amenities available. Some of the economy chains attract clientele who use the hotels as semi-permanent lodging. Extended-stay hotels typically have self-serve laundry facilities and offer discounts for extended stays, beginning at 5 or 7 days. They also have guestrooms (or "suites") with kitchens. The kitchens include at
697-674: The COVID-19 pandemic . On June 13, 2022, Choice Hotels agreed to purchase Radisson Hotels Americas for $ 675 million, acquiring the Radisson franchise agreements, operations and intellectual property in the United States, Canada, Latin America and the Caribbean. In October 2023, Choice Hotels announced a proposal to purchase all outstanding shares of Wyndham Hotels & Resorts for $ 90 per share. That offer came after Wyndham declined
738-778: The Quality Inn brand, as Comfort and Quality swapped market positions within Choice's hierarchy. In October 2010, officials in Maryland and Montgomery County announced that Choice Hotels International would move its headquarters from Silver Spring , to a new 197,866 square feet (18,382.4 m ) facility in Rockville Town Center in Rockville . Groundbreaking occurred in August 2011, and Choice Hotels completed
779-686: The 1970s and 1980s, there has been an increasing displacement of SRO units aimed at low-income earners due to gentrification, with SRO facilities being sold and turned into condos. Between 1955 and 2013, almost one million SRO units were eliminated in the US due to regulation, conversion or demolition. The hotels were once a ubiquitous feature of densely-populated urban centers, filling a crucial niche as flexible, inexpensive housing with bare-minimum amenities. Housing regulations mandating higher standards of amenities, such as requiring off-street parking, or private kitchens and/or bathrooms in each unit, have rendered
820-594: The Clarion brand for locations with limited service. The first Clarion Pointe hotel opened on May 1, 2019, in Sulphur Springs, Texas , converted from a former Holiday Inn Express. Choice Hotels announced the creation of a new brand of midscale extended stay hotels, Everhome Suites, in January 2020. The first Everhome Suites location opened on September 29, 2022, in Riverside, California , after delays due to
861-818: The Friendship Inn brand was eliminated, with its locations being converted to the Rodeway brand. In July 1998, Choice Hotels created a partnership with Flag International Ltd., the largest hotel chain in Australia , allowing Flag to use the Clarion, Quality, and Comfort brands. The brands quickly outstripped the Flag Hotel chain in popularity in Australia, and Choice Hotels acquired Flag International outright in 2003. The last remaining Flag Hotels were converted to other Choice brands in 2008. In January 2005,
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#1732790944795902-698: The Suburban Extended Stay Hotel brand. The chain was originally founded as Suburban Lodges of America in 1987. The company-owned Suburban Lodges were purchased by InTown Suites in 2002, while the franchise locations became Suburban Extended Stay Hotels. In 2022, the chain was rebranded as Suburban Studios. In 2008, Choice Hotels was the first industry chain to establish a "soft brand", Ascend Hotel Collection. The Ascend Hotel Collection includes upscale boutique and historic hotels whose owners are subject to fewer fixed brand standards compared with Choice's other brands. Choice Hotels began
943-565: The U.S. budget lodging chain Motel 6 , owned by The Blackstone Group (previously Accor ), operates Studio 6, a chain of extended stay hotels with weekly rates. The chain provides a kitchen area in its rooms, and allows pets, and operates in 18 U.S. states and Canada. In the UK, Roomzzz were the first national aparthotel chain to open in 2006. There has been a sharp surge in business travel in India over
984-573: The United States, Canada, and Mexico. Staybridge Suites and Candlewood Suites , both owned by the InterContinental Hotels Group , are two examples of hotels designed for business and extended stay travelers. Another brand of extended-stay hotels is Homewood Suites , which is part of Hilton Worldwide . One brand came from the merger of Extended Stay America and Homestead Hotels, which combined in 2004 to become Extended Stay Hotels with over 670 owned and operated properties in
1025-485: The United States. Quality Inns agreed to merge its upscale Quality Royale brand with AIRCOA's Clarion Collection, which had originally been established in 1983 as a referral chain. The Clarion brand thus replaced Quality Royale as one of Quality Inns' three franchise offerings. In September 1987, the company announced plans for a lower-price chain with smaller rooms called McSleep Inn, intended to compete with chains like Motel 6 . Rather than converting existing hotels to
1066-617: The United States. A hotel chain, Choice Hotels International , franchiser for brands such as Comfort Inn, Comfort Suites, Sleep Inn , and Quality Inn, operate the MainStay Suites brand. They acquired the Suburban Extended Stay hotel chain in 2005, with over 150 hotels open and under development. The low-budget extended stay chain Intown Suites was founded in 1988, with 139 locations in 21 states. Since 1999
1107-684: The apartment buildings, converting the residential units to monthly rentals, and named it The Residence . In 1981, DeBoer and developer Robert L. Brock (then the largest franchisee of Holiday Inn ), formed a joint venture, launching a chain called The Residence Inn . The hotels focused on the "extended-stay" market, a term they invented. The hotels were aimed at guests staying five nights or more, who would not need conventional daily hotel maid service, which reduced operational costs. Their guests were mostly business travelers on lengthy work assignments, patients of nearby hospitals, and those in need of temporary housing. In January 1985, Holiday Corporation,
1148-1011: The brand, McSleep Inn locations would be purpose-built to keep costs to a minimum. In announcing the new chain, the CEO of Quality Inns stated that "obviously the name is a takeoff on McDonald's ", sparking a legal battle over whether McSleep Inn was infringing on the McDonald's trademark . McDonald's won the ensuing court case in September 1988, forcing Quality Inns to change the name of the chain, whose first locations were then under construction, to Sleep Inn. Additionally, Microtel Inn and Suites founder Loren Ansley claimed that Quality Inns stole his business model, which he had presented to Quality executives before deciding to start his own chain. The first Sleep Inn location opened in Salisbury, North Carolina , on May 15, 1989. Bainum Sr. led Quality Inns until 1987, when his son, Stewart W. Bainum Jr. , took over
1189-624: The company announced the creation of its new Cambria Suites brand. The Cambria brand was created as an upscale, limited-service hotel chain marketed to business travelers. The first Cambria Suites location opened near Boise Airport in Boise, Idaho in April 2007. In September 2005, Choice Hotels acquired the Atlanta-based Suburban Franchise Holding Company, giving the company the franchise rights to
1230-519: The company's name was changed to Choice Hotels. Choice Hotels created a joint venture with Canadian motel chain Journey's End in 1993, turning that company's properties into "Comfort Inn by Journey's End" and "Quality Inn by Journey's End". The "by Journey's End" branding was later dropped. Manor Care spun off its hotels business in 1996, and Choice Hotels became a publicly traded company, holding an initial public offering in 1997. The new company
1271-481: The construction of conventional SRO hotels illegal in many cities. That existing hotels are substandard under such regulations has been often used as justification for their demolition, often as part of Urban renewal programs. The term refers to the fact that the tenant rents a single room, as opposed to a full flat (apartment). SRO units may be provided in a rooming house , apartment building, or in illegal conversions of private homes into many small SRO rooms. There
Residence Inn by Marriott - Misplaced Pages Continue
1312-663: The industry's first market segmentation strategy, using a range of hotel brands across price points. Geographically, it expanded across the country by opening hotels in the Western United States for the first time. In addition to its Quality Inn hotels, the company created Comfort Inn, a lower-price, limited-service chain, and Quality Royale, representing the most upscale locations in the system. The first Comfort Inn opened in July 1981 in Atlanta, Georgia , converted from
1353-498: The last few years with India becoming more integrated with the global economy and serviced apartment demand is going to increase significantly. There are many serviced apartments player like PAJASA having more 3000+ inventory is market working for corporates. The Ascott Limited is a serviced apartment group that has over 70,000 properties over 190 cities in more than 30 countries. Single room occupancy hotels (more commonly abbreviated to SRO ), also called "residential hotels" are
1394-427: The midscale segment, competing with Holiday Inn , Ramada , Howard Johnson , and Travelodge . The Quality Royale brand was positioned to compete with Marriott , Hyatt , Hilton , and Sheraton . In January 1987, Quality Inns established a partnership with Associated Inns and Restaurants Company of America (AIRCOA Holdings), a Denver-based firm that was one of the largest independent hotel management companies in
1435-635: The move into the new headquarters in June 2013. Throughout its history, Choice Hotels introduced new features into the hotel industry, including having all hotels include non-smoking rooms, 24-hour-a-day toll-free reservations, Internet-based property management systems, and the industry's first iPhone application. The company's technological developments also led it to create a division called SkyTouch Technology in 2013, which markets Choice Hotels' property management system to other hotel companies. In 2014, Choice Hotels invested millions of dollars to begin
1476-662: The number of extended-stay hotels in the company's portfolio to around 350 properties. As of 2018 , Choice Hotels-branded properties are located in more than 40 countries and territories, including hotels in Europe, Asia-Pacific, the Middle East, and Scandinavia. Choice Hotels entered into an agreement with Spanish hotel operator Sercotel in 2018 to increase Choice's footprint in Spain and Latin America . In September 2018, Choice Hotels announced Clarion Pointe, an extension of
1517-640: The organization became a for-profit corporation and changed its name to Quality Courts Motels, Inc. In 1957, Stewart W. Bainum Sr. , who ran a Washington, D.C. , plumbing business, opened his first hotel on New Hampshire Avenue in Silver Spring, Maryland (currently, the hotel is located in Takoma Park, Maryland proper ). He later franchised his first Quality Courts motel in 1963. In 1968, Bainum merged his business, Park Consolidated Motels, Inc., with Quality Courts Motels, subsequently assuming
1558-550: The parent company of Holiday Inn , bought a 50% stake in The Residence Inn chain. In early 1987, DeBoer bought back Holiday's interest in the chain, before selling the entire company to Marriott International on July 7, 1987. Although DeBoer died in 2021, the original Wichita property is still operated by his company, under the WaterWalk brand. Extended stay hotel An apartment hotel complex usually offers
1599-558: The role of chairman and chief executive. Bainum's other business, Manor Care, Inc., which owned and managed nursing homes, bought Quality Inns in 1990. In July of that year, the company acquired the Rodeway Inn chain from Prime Motor Inns, making Quality Inns the largest hotel franchisor in the world. In August, Quality Inns bought Econo Lodge of America, owners of the Econo Lodge and Friendship Inns chains. Shortly thereafter,
1640-408: The role of president and CEO, and moved the company's headquarters from Daytona Beach to Silver Spring, Maryland. Lodging Magazine wrote that, by 1969, Quality Courts Motels was the world's "largest association of independent motel operators". The company changed its name to Quality Inns International in 1972. In 1981, Quality Inns announced a major nationwide expansion program, and started
1681-611: Was exclusively responsible for franchising and did not own any of its hotel locations; all hotels formerly owned by Manor Care were split off under a separate company, Sunburst Hospitality Corporation, which became the largest franchisee of Choice Hotels brands. In 1996, Choice Hotels introduced its first extended-stay hotel brand, MainStay Suites, which was advertised as the first mid-price extended-stay chain. The first MainStay Suites location opened in Plano, Texas in November 1996. In 1997,