The cost is too high. Because the management of hotel-style apartments is quite complicated, we must grasp the principles of accuracy, organization and convenience when positioning. Blind pursuit of luxury will not only increase costs, but also be out of touch with the market. In addition, developers lack experience in developing such products, but insist on their own operations, which will also leave hidden dangers for the contradictions after delivery.
The occupancy rate is low. The occupancy rate of most serviced apartment projects is only over 60%, at most about 70%, which invisibly raises the converted unit price of the actual use area of the suite, reduces its cost performance, and directly affects its function of maintaining and increasing value. Hotel property management fee is greater than apartment property management fee.
Hotel apartment is a new industry in recent four or five years, which is very popular in the world. The main difference lies in the property right of the house. Traditional hotels are big owners (usually a group or company) and need huge financial resources as backing support. I know that the one opposite the Australian Embassy is in the form of a single-family property owner. In fact, it was originally intended to be sold as a commercial house, but suddenly someone or a small company paid for renting some or all of the rooms (similar to the second landlord) and then named the hotel, renting it for a long time (calculated on a monthly basis) or renting it on a daily basis. However, the owners who sign a contract with the hotel will have some free rooms for one night every year (usually seven times a year), and then pay dividends according to the contract at the end of the year. If you want to be friends, investing in real estate is a good choice, which is more cost-effective than renting it to others. It's worth selling if the contract expires without rent. Living alone is not cost-effective. This kind of property fee is generally around 4-6 yuan/m2, and it is also a central air conditioner, and cold water, hot water and reclaimed water are charged separately. I hope my answer is useful to you.