Definition of "Botel"
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.
If you’re into alternative housing, check The Non-Traditional House Battle; you’ll be amazed to find how houseboats did!
Popular Real Estate Terms
Term used in the real estate industry describing the price requested by a property owner vs. the price a buyer is willing to pay. Bid is the highest price a purchaser is willing to pay ...
Buying more house than a buyer can afford based on his or her income. ...
The term “a priori” can be pretty puzzling in real estate. Originating from Latin, “a priori” translates to "from the earlier" or "from the former." This concept, ...
Note having more than one maker, if one or more of the makers default on the note, all makers are sued jointly, rather than just one or all, to make restitution ...
A legally transferable debt instrument by which the issuer agrees to pay the payee within a certain time period. Note usually pay a specified rate of interest tied to the market rate of ...
Oral defamation of the character or reputation of another. It is the basis for a lawsuit. ...
Null or void something; Revoke or destroy; rescind or set aside; abandon; abolish; repeal; surrender; waive; terminate. In real estate, to void a buy or sell order, price, or quantity. The ...
A correlation defines how two variables relate to one another. We can confirm a correlation if an alteration in one variable can change the other’s behavior. Using quantifiable data ...
Pipe or conduit for electrical wiring. Enclosed conduit made of metal or other appropriate materials for transferring low pressure hot or cold air throughout a structure. ...
Have a question or comment?
We're here to help.