A serviced apartment is a fully furnished apartment available for both short-term as well as long-term stays, providing all the hotel-like amenities, such as having room service, a fitness center, a laundry room, and/or a rec room. Most of them are equipped with full kitchens, Wi-Fi and washer & dryers inside. 
Companies frequently use serviced apartments to host professionals who may be on a local or international work assignment. It is common for executives to stay in serviced apartments temporarily while searching for a permanent residence or relocation. Although serviced apartments are primarily occupied by business executives, they are also available to the general public.
- Marc Llewellyn, Lee Mylne (2008). Australia For Dummies. Australia: John Wiley & Sons. p. 82. ISBN 9780470289808.