A serviced apartment (also known as a service apartment or an extended stay apartment) is a fully furnished apartment available for short-term or long-term stay, providing hotel-like amenities such as room service, a fitness center, a laundry room, and a rec room. Most of them are equipped with full kitchens, Wi-Fi and in-apartment washers and dryers.
Companies frequently use serviced apartments to host professionals who may be on a local or international work assignment. It is common for executives to stay in serviced apartments temporarily while searching for a permanent residence or relocation. Although serviced apartments are primarily occupied by business executives, they are also available to the general public.
Serviced apartments offer facilities much like a traditional hotel but provides more space, convenience and privacy. They have private cooking facilities, sometimes a kitchenette but sometimes a full-size kitchen with dishwasher and washing machine, living and sleeping areas that are larger than most standard rooms, and often having access to gyms, restaurants, meeting space, concierges and other hotel-like services.