An extended-stay concept (serviced apartment, apart-hotel) is a fully furnished room / apartment available for both short-term as well as long-term stays, providing hotel-like amenities, such as in-room kitchen, housekeeping, security, fitness, laundry, and sometimes food and beverage.
Larger well-equipped apartments with limited services such as housekeeping and security
Hotel-licensed property with full hotel services including food and beverage
Luxury residential units for sale, maybe with a rental pool, with a branded license agreement
Dual or triple branded hotel developments combining extended-stay concepts with traditional hotel concepts
Property providing residences for large numbers of people with communal spaces, often for college or university students.