An increasing number of young adults are opting to live in hotels full-time because it’s more cost-effective and convenient than renting or buying a house, and they don’t have to deal with landlords. The biggest drawbacks are not being able to redecorate or cook, but for many young adults, those are not deal-breakers. The positives include being able to run the air-conditioner 24/7 without worrying about a high utility bill, having someone else to do all the cleaning, and being close to stores, restaurants and subway stations. College students appreciate the hospitality of the hotel staff and the benefits of short-term stays. The trend apparently began during the pandemic, when many hotels adjusted their business model to cater to long-term residents at a time when tourism and business travel were at an all-time low. Even living in a luxury hotel like the Marriott, while more expensive than apartment rentals at first glance, rivals the price of an apartment when you factor in parking, utilities, and amenities. Most luxury hotels have perks like a 24-hour gym, free Wi-Fi, and a complimentary breakfast. What’s not to like?
