LIVING IN A LUXURY HOTEL! (VLOG)
Wealthy people are living in luxury extended-stay hotels for months
Living in a hotel is an extravagant and unattainable concept for many.
But for wealthy families and individuals who want the comfort and coziness of an Airbnb but would rather avoid the unpredictability and what can be a hassle of a check-in process, an increasingly popular option is to stay in a luxury extended-stay hotel.
Roost Apartment Hotels in Philadelphia offer luxurious, home-like apartments that can be rented on a weekly or monthly basis. They're often in central urban areas and offer much more personality than traditional corporate extended stay hotel rooms, according to the Wall Street Journal.
"You feel you are in " David Grasso, who founded Roost with Randall Cook, told Forbes. "We designed these apartments to create a sense of comfort, a sense of place, a sense of enlightenment."
The suites include full kitchens complete with cookware, utensils, and Chemex coffee makers. ROOST Apartment Hotel/Facebook
The suites come with full kitchens with cookware and utensils, Bosch washer and dryers, 100-year-old Turkmen rugs, 4K Apple TVs, and Chemex coffee makers. Some offer common lounge areas, fitness centers, conference rooms, and valets. Guests also have access to a concierge, weekly housekeeping, free bike shares, free high-end coffee beans, dog walking, and the option to arrange for a personal trainer.
A booking search for a 30-day stay from Nov. 30 to Dec. 30, 2019 at Roost's Midtown location revealed rates starting at 0 per night for a studio suite, or ,200 total. Rates went all the way up to 0 per night, or ,300 for the month, for the Presidential two-bedroom apartment suite.
While that may be pricier than a typical apartment, some guests find extended-stay hotels to be a bargain, according to the Wall Street Journal. After all, there is no putting down a deposit, no buying furniture, and no worrying about paying internet and utility bills. You also don't need to give 30, 60, or 90 days notice when moving out, as most apartments require.
"I didn't have to return a cable box or cancel the electric," finance executive Robert Wolfangel, who spent more than a year staying with his family at Roost for about ,250 a month, told the Journal. "It was painless."
The number of extended-stay hotel rooms has risen 34% in five years. ROOST Apartment Hotel/Facebook
Staying in these upscale extended-stay hotels seems to be a rising trend. The number of extended-stay hotel rooms is up to more than 456,000, Jan Freitag, senior vice president at STR, a data provider to the hotel industry, told the Journal. That's a nearly 34% jump from just five years ago.
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