SERVICED APARTMENTS – CONVERSION OF A HOTEL/MOTEL

If you own a hotel or motel, you may be considering converting it into another form of accommodation, which might include the provision of serviced apartments. There are several ways of achieving this. You may choose to retain the existing ownership arrangements or to subdivide the title into multiple ownership by strata titling. However, it is possible to convert a hotel or motel into serviced apartments under one ownership, without subdividing into unit titles.