Live in a hotel?

CardBordWindow

A friend of mine and his wife were staying in a hotel in Waterford recently, and were saying that it only cost €29 each, including breakfast. This got a few of us thinking......would it make sense to live in the hotel??

Granted, the price set is per person sharing, but making the assumption that if you booked a room for 10 years +, the hotel might do you a deal, and leave it at 29 quid total. A €200,000 mortgage would give you approx 19 years in the hotel.

On top of this, think of the savings you could make:

• No electricity bills.
• No heating bills
• Free parking
• Free toiletries
• No breakfast costs
• Free house-keeping
• Free gym membership (the hotel has a leisure centre)
• Free wifi
• Free refuse collection
• No TV license bill / No TV bill

Other benefits:

• You've a pub downstairs
• It's in town, so no taxi fares
• If you have a one-night stand, she won't believe that you live in the hotel
• Fully furnished accomodation

Possible downfalls:

• Laundry
• Dinner (although, if you're in the hotel for a long time, you'll get to know the staff pretty well. I'm sure that after a while, you could easily be given access to the kitchen area)

Can anyone think of any other pros/cons, or is this just a mad idea??

galwayrush

Haven't you heard of the staying in a hotel as a permanent residence tax that's on the way?

Trevor Kent

Con:

Wouldn't be great for a family or someone with a disability.

Afther that I have nothing............

TheZohanS

You'd go stir crazy living in the same hotel for 10 years and the hotel wouldn't do you a deal of €29 each night. They make their money during peak seasons so you can rest assured you'd end up paying around €60 per room per night on average. Ring them up and tell them you've been put on a years contract down in Waterford and ask them for their best price.

ted1

Having no kitchen would cost you big time.

CardBordWindow

TheZohan wrote: »

You'd go stir crazy living in the same hotel for 10 years and the hotel wouldn't do you a deal of €29 each night. They make their money during peak seasons so you can rest assured you'd end up paying around €60 per room per night on average. Ring them up and tell them you've been put on a years contract down in Waterford and ask them for their best price.

It wouldn't be much different than staying in a small apartment for years, only with less bills, and more comfort.

Trevor Kent

Anyone prepared to add up what savings would be made per month on those household bills mentioned in the OP???

jester77

Not a chance. The longest I've spent in a hotel is around 9 months and you just go mad. You leave in the morning and you will do everything possible not to return until it's time to sleep. I've stayed in a few hotels that had their own kitchenette but it's a rubbish alternative to a proper kitchen. Plus it's very annoying when you have company and the cleaner walks in!

CardBordWindow

Trevor Kent wrote: »

Con:

Wouldn't be great for a family or someone with a disability.

Afther that I have nothing............

Legally, hotels have to be wheel-chair friendly.

Also,this option is obviously not for everybody!

GavRedKing

Theres a room on Daft.ie for a fairly good hotel in Cork.

Its up for €1800 a month, which if we take an average of 30 nights a month works out at €60.00 a night.

I dont think it represents good value though.

Edit : Its actually a 2 bedroom apartment.

http://www.daft.ie/searchrental.daft?id=1158565

jester77

jester77 wrote: »

Plus it's very annoying when you have company and the cleaner walks in!

I hate when this happens at home.

It think most hotels have a maximum stay of like 45 days or something, it's probably to stop people actually living there!

CardBordWindow

jester77 wrote: »

Not a chance. The longest I've spent in a hotel is around 9 months and you just go mad. You leave in the morning and you will do everything possible not to return until it's time to sleep. I've stayed in a few hotels that had their own kitchenette but it's a rubbish alternative to a proper kitchen. Plus it's very annoying when you have company and the cleaner walks in!

Most hotels have a 'DO NOT DISTURB' sign that you can put up.

BrensBenz

Also,

• No gardening
• No maintenance, etc.

There may be financial attractions for you but, as someone who has been living in hotels overseas for almost a year (at employer’s expense) the hotel experience gets tired very quickly.

• Noisy neighbours, particularly at weekends
• Noisy staff, particularly in the early hours of EVERY morning
• No lie-ins
• Little or no storage space
• No pets

But, if for you, these are not turn-offs, give it a go! Best of luck.

old_aussie

CardBordWindow wrote: »

A A €200,000 mortgage would give you approx 19 years in the hotel.

It would give you plenty more years if you add on the interest on a 2000,000 mortgage.

CardBordWindow

Deleted User wrote: »

I hate when this happens at home.

It think most hotels have a maximum stay of like 45 days or something, it's probably to stop people actually living there!

I'm sure if you went into the manager with a check, to pre-pay for 10 years + for a room, they could overlook this.

Immaculate Pasta

Is that you Alan Partridge?

stovelid

Room are cheap because nobody wants them at that time.

The minute you or anybody else started needing the room, you'd be paying a lot more than 29 quid.

CardBordWindow

CardBordWindow wrote: »

I'm sure if you went into the manager with a check, to pre-pay for 10 years + for a room, they could overlook this.

Probably, but you'd want to be some gobshyte to pay up front for 10 years in a hotel! And, if you have that much cash available (€105,850), why the f*ck would you want to spend it on living in a hotel!

Sky King

Nikola Tesla and Howard Hughes spent considerable time living in hotels. I reckon it wouldn't be at all good for your mental health.

Davidth88

Interestingly , I heard an interview of a chap who sold his flat in London and decided to live in hotels.

He was a journalist , so he could work anywhere there was WIFI/Internet.

He traveled the world living in hotels in Las Vagas , Florida , or wherever . He reckoned it has a lot of advantages and worked out a lot cheaper than having a flat in London if you include the council taxes/ water etc etc.

The downsides must be the lack of privacy , or no feeling of permanency .

I have traveled a lot for my job , and I think I would hate it TBH .

CardBordWindow

Deleted User wrote: »

Probably, but you'd want to be some gobshyte to pay up front for 10 years in a hotel! And, if you have that much cash available (€105,850), why the f*ck would you want to spend it on living in a hotel!

If you were buying a house, you'd pay up front. This is exploring the option of staying full-time in a hotel, using a mortgage.......like it suggests in the OP.
Also, you'd probably be able to negotiate a better price if you were paying a large lump sum.

CardBordWindow

Davidth88 wrote: »

Interestingly , I heard an interview of a chap who sold his flat in London and decided to live in hotels.

He was a journalist , so he could work anywhere there was WIFI/Internet.

He traveled the world living in hotels in Las Vagas , Florida , or wherever . He reckoned it has a lot of advantages and worked out a lot cheaper than having a flat in London if you include the council taxes/ water etc etc.

The downsides must be the lack of privacy , or no feeling of permanency .

I have traveled a lot for my job , and I think I would hate it TBH .

If you stayed in the one hotel full-time though, the lack of permanency would not be an issue.

chughes

Sky King wrote: »

Nikola Tesla and Howard Hughes spent considerable time living in hotels. I reckon it wouldn't be at all good for your mental health.

Closer to home I seem to remember reading that Ben Dunne Senior and wife and children lived in the Shelbourne (I Think).

It didn't do any damage to Ben Dunne Jnr's mental health, did it ?

CardBordWindow

CardBordWindow wrote: »

If you were buying a house, you'd pay up front. This is exploring the option of staying full-time in a hotel, using a mortgage.......like it suggests in the OP.
Also, you'd probably be able to negotiate a better price if you were paying a large lump sum.

the house doesn't have a chance of going out of business though

lemme

I think there was a hotel in tallaght renting out rooms for much the same price as an apartment, with microwave/grill and fridge.

also other possible benefits - in house hookers.

CardBordWindow

bluewolf wrote: »

the house doesn't have a chance of going out of business though

Touché

foxyboxer

Sure didn't Richard Harris 'live' in the Savoy in London.

IIRC, some Hotels advertised rooms for sale a few years back. (circa £90,000)

bluewolf

bluewolf wrote: »

the house doesn't have a chance of going out of business though

Precisely!

mikemac1

Radisson in Galway has suites that are privately owned.

Owners lease them back to the hotel and let the hotel rent them out

But if you owned it you could certainly live there full time

Big Nasty

mikemac1 wrote: »

Radisson in Galway has suites that are privately owned.

Owners lease them back to the hotel and let the hotel rent them out

But if you owned it you could certainly live there full time

Beacon Hotel in Sandyford does this too.

Kintarō Hattori

In regards to some of the people who have lived in hotels (such as celebs, business people etc), they wouldn't be in a normal room. Most likely these people are renting suites/apartments within the hotel so it's a lot more space than most of us would ever have experienced in a hotel.

Benny_Cake

Immaculate Pasta wrote: »

Is that you Alan Partridge?

Sounds like Linton Travel Tavern to me alright.

"Hello, reception, can you make pornography appear on my TV? ".

Seachmall

BrensBenz wrote: »

• No lie-ins

Why not?

I always have a lie-in when in a hotel.

Dravokivich

What you're looking for OP is an old folks home, but for younger people.

nearyj

Parents stayed in a hotel for 6 weeks while their house was renovated. It worked out cheaper then renting an apartment/house for the same period. Having agreed a price, the hotel later tried to triple the price for a week due to a number of events which were occurring. They capitulated in the end.

They both enjoyed the experience, though got homesick towards the end. As mentioned above, advantages included a restaurant and pub downstairs, Dublin city so they were much closer to work. The only drawback was living out of a case, and not having a kitchen. This drove my mother demented.

I'd definitely like to do it myself but one of those where you wouldn't know what it's like until you give it a shot. As said above, consistent noise from neighbours would be frustrating.

CardBordWindow

Dravokivich wrote: »

What you're looking for OP is an old folks home, but for younger people.

Or just a hotel that gives sponge baths!

cosanostra

I know some students that stayed in the maldron in parnell sq for 100pw inc breakfast I think they had to sign up for a long term lease to get that rate

BraziliaNZ

It sucks. I've lived in them for weeks with work. Even in the really nice ones it gets weird after a while. The corridors with the doors seem endless and make me dizzy after a while so I start running down them to get to my room, freaks people out if they come out of their rooms.
It gets very the Shiningesque and cabin feverish after a while and you end up at the hotel bar most nights getting tanked and trying to talk to the other lonely strangers.
I've to do it again soon for 3 weeks, sigh. And you get fat from all the hotel food.

CardBordWindow

cosanostra wrote: »

I know some students that stayed in the maldron in parnell sq for 100pw inc breakfast I think they had to sign up for a long term lease to get that rate

Jaysus, that's fancy for students! Not a bad rate either!

Mauricmo

Professional gamblers do it in vegas and other such places. I love staying in hotels, but would probably go crazy after about a week.

CardBordWindow

BraziliaNZ wrote: »

It sucks. I've lived in them for weeks with work. Even in the really nice ones it gets weird after a while. The corridors with the doors seem endless and make me dizzy after a while so I start running down them to get to my room, freaks people out if they come out of their rooms.
It gets very the Shiningesque and cabin feverish after a while and you end up at the hotel bar most nights getting tanked and trying to talk to the other lonely strangers.
I've to do it again soon for 3 weeks, sigh. And you get fat from all the hotel food.

Granted, if you're in a hotel in an area you don't know, that would be the case. But I'm suggesting staying in a hotel in your local area, so you could still meet up with friends, play your weekly 5-a-side, or whatever you normally do etc.

Yahew

chughes wrote: »

Closer to home I seem to remember reading that Ben Dunne Senior and wife and children lived in the Shelbourne (I Think).

Rich people often stay in hotels.

foxyboxer wrote: »

Sure didn't Richard Harris 'live' in the Savoy in London.

IIRC, some Hotels advertised rooms for sale a few years back. (circa £90,000)

Celebs often stay in hotels, too. Leonard Cohen lived in a hotel, Patti Smith, Hendrix in London.

Kintarō Hattori wrote: »

In regards to some of the people who have lived in hotels (such as celebs, business people etc), they wouldn't be in a normal room. Most likely these people are renting suites/apartments within the hotel so it's a lot more space than most of us would ever have experienced in a hotel.

Yes. It would be a suite - basically a furnished apartment with no kitchen. As for cooking, the rich don't. You can rent an apartment with a kitchen in London at £3k+ a month, and install a cook at £40k a year, and a cleaner at £10k, or stay in the savoy and use room service. Its clear to me why people reside in hotels, if they have the money.

MrJoeSoap

Immaculate Pasta wrote: »

Is that you Alan Partridge?

Living in a hotel would make you end up like this...

CardBordWindow

MrJoeSoap wrote: »

Living in a hotel would make you end up like this...

Is that such a bad thing?

I stayed in The Suites hotel in Liverpool a few times, as the name suggests every room is a suite. Much better than a normal hotel room, separate living area, no kitchen. For a single chap or maybe a couple without kids living there wouldn't be bad at all I think. I've stayed in normal hotels for 6 week and 3 months stints and it's fairly grim, a normal hotel room doesn't cater for relaxing really.

Lapin

The late great Limerick born actor Richard Harris lived in The Savoy Hotel, London (slightly more than €29 per night).........

BBDBB

jester77 wrote: »

Not a chance. The longest I've spent in a hotel is around 9 months and you just go mad. You leave in the morning and you will do everything possible not to return until it's time to sleep. I've stayed in a few hotels that had their own kitchenette but it's a rubbish alternative to a proper kitchen. Plus it's very annoying when you have company and the cleaner walks in!

I think I saw that film:o

aujopimur

In the early 70's myself and a workmate spent several months in a Limerick hotel at a really cheap rate, compliments of the night porter who was partial to having his palm greased.

Lapin

Lapin wrote: »

The late great Limerick born actor Richard Harris lived in The Savoy Hotel, London (slightly more than €29 per night).........

So that link is fúcked.

It told the story of the time Harris was strechered out of the hotel shortly before his death. He was in very poor health and barely concious, but as the paramedics carried him out via the restaurant, he sat up on the strecher and shouted to the diners in the room "IT WAS THE FOOD" !

Kosseegan

I kjnow a guy who did it years ago and also a family connection who was a bachelor and lived in a hotel permanently. Works fine for a single person who can afford it.

lucylu

The hotel is €29 per night in the current Low season mid -Nov to Easter. I would say that price would not stay the same all year round.