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Short-term rental (STR) describes furnished self-contained apartments or houses that are rented for short periods of time. [1] They are usually seen as an alternative to hotels. "Short stay" rentals are an offshoot of the corporate housing market, [2] and are also offered by private owners and investors via online platforms such as Airbnb. [1]
The first Pan Pacific hotel established was Sari Pan Pacific (now Sari Pacific Jakarta, Autograph Collection) in Jakarta, which was opened in 1976. It established the Emerald Management Company (EMC) to manage its hotels in Hawaii and California in 1983, and in the same year, the Traveller's Palm logo was born.
BSD City, formerly referred to Bumi Serpong Damai is a planned community located within Greater Jakarta in Indonesia. [3] [4] The project was initiated in 1984 by a group of private developers and started in 1989.
District 8 Jakarta is a mixed development complex of 11 towers and a shopping mall named ASHTA at Sudirman Central Business District, and adjacent Senopati area in South Jakarta, Indonesia. The tallest building of this complex is Treasury Tower. [1] Total land area of the complex is about 4.8 hectares. [2]
The concept of the development follows a nautical theme, the centerpiece of which being an aerodynamically shaped hotel overlooking the Java Sea with chic lines is a series of 10 apartment towers of same design, symbolizing of tall ships sailing around the ‘lighthouse’ represented by the hotel, which gave to the name ‘Regatta’.
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.