Definition of "Botel"

Beth Ann Muehling PLLC real estate agent

Written by

Beth Ann Muehling PLLCelite badge icon

Xena Vallone Realty Inc

What is a botel?, you ask.

You know hotels, right? And the marketing denomination of them to motorists; the "motel”.

Well, the best botel definition is “hotel for boats”. Yup. It’s kind of silly, right? But it is what it is.

Botel is how it’s been called the service of guest accommodations offered by some marinas to mariners all over America. A botel (sometimes called “Boatel”) will feature facilities designed for boats, like gasoline pumps, docks and marine gadgets.

Increasingly, however, people have been using this “botel” definition when referring to one single ship that serves as accommodation for travelers, like a novelty hotel. It’s a new trend that’s been picking up steam – especially with airbnb renting and privately owned yachts - with purpose-built or converted watercraft ships, big or small, that are permanently moored or spend part of the time taking guests on tour - in a way, a cruise ship can be referred to as a boatel, because you use it as hotel aside from its use of transportation.

Real Estate Tips:

If you’re into alternative housing, check The Non-Traditional House Battle; you’ll be amazed to find how houseboats did!

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Terms

(1) Individual or business that is engaged to do some sort of construction work for another for a fee. There are basically three types of contracting: A general contractor enters into a ...

Same as term one-hundred-percent location: Precisely the optimum location for a retail business establishment in an urban central business district (CBD). A one-hundred-percent-location ...

Real rate of interest on a loan. It is the coupon rate divided by the net proceeds of the loan. Assume Sharon took out a $1,000,000, on year, 10% discounted loan to buy real estate. The ...

Space that is available to all tenants or owners, such as a courtyard, main entrance, elevator, and pool. ...

(1) The interest rate charged on a construction loan. (2) The rate at which construction loan progress payments are made. See also bridge loan; bullet mortgage; development loan. ...

The person giving property or establishing a trust. ...

Gets rid of unwanted substances and materials from a residence or office building. Waste includes solids and liquids, hazardous and nonhazardous materials. ...

Suppose you wish to sell your property fast and expect a high return on investment. In that case, it would help to reach out to expert local real estate agents who undertake the job of ...

The yield after deduction inflation and its effects. It is the return on investment stated in real purchasing power. ...

Popular Real Estate Questions