Posted May 25, 2023
While hotels have traditionally been the go-to option for travelers, serviced residences are becoming increasingly popular, especially among traveling business people, for many great reasons.
But before we dive into why, what are serviced residences? In a webinar with The Philippine Star and PropertyGuru PH, Torre Lorenzo Development Corporation (TLDC) CEO Tomas P. Lorenzo defined serviced residences as “a hybrid of a hotel and an apartment,” where people who would want to stay for weeks to months can stay in a fully-furnished unit. It provides the comforts of home and the convenient services of a hotel!