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Short Stay is a term coined by the company Vancouver Short Stay Apts. Inc. in 2002 in Vancouver, Canada by Mr. Edwin and Mrs. Jeanne Pennell. It describes furnished self-contained apartments that are rented for short periods of time, usually by the month as opposed to annual rentals in the unfurnished apartment rental market. They are seen as an alternative to hotels. The apartment will vary from studio apartments to luxury apartments. 'Short Stay' rental is an offshoot of the corporate housing market. Popular uses include vacation rental, and relocation.

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