Long stay
Furnished and serviced apartment management
In furnished apartments, a lease is a contract, not a night. iHotel manages leases and rent schedules, recharges utilities, issues owner statements when the units belong to different owners, and works out the management fee and profit per unit. Activating a lease books the unit, so it is never let twice. Part of the hotel PMS features.
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Leases and rent
A lease with its term, rent and schedule, and a whole year of rent invoices known in advance. A rent roll and a lease-expiry calendar.
Utilities
Meter readings the system captures become a charge to the tenant.
Unit owners
For the common Saudi model where the flats belong to different people: a statement for each owner, their payout as a separate entry, a management fee that is calculated rather than typed into a spreadsheet, and profit per unit.
Never let twice
Activating a lease creates a booking for the unit, so the database protects it from double letting exactly as it protects hotel rooms. Accounting is on hotel accounting.
Questions
Common questions on this topic
Does iHotel manage furnished apartments?
Yes: leases and rent schedules, utility recharge, owner statements and profit per unit.
Does it support units owned by different people?
Yes. Each owner gets a statement, payouts are a separate entry, and the management fee is calculated.
Can a unit be let twice by mistake?
No. Activating a lease books the unit, and the database refuses an overlapping booking.
Next step
We show it on your own rooms
Tell us your room count and what you use today, and we will show you the system on your room types, rates and balances.
Request a quote for your hotel Request a trial of the system
Or write to us directly at info@ihotel-app.com