What are the differences between references to “suites” and “residences”?
The exact definition of these terms varies from development to development. Some condo hotels will contain units that are purely for short-term stays and some that can be occupied on a year round permanent basis. The units that have restrictions on long term residency and only allow short-term stays are sometimes called “suites” and the units which allow year round residency are sometimes called “residences”. However, other developers will simply use the terms “suites” and “residences” as a matter of describing unit size and have no reference to short or long-term residency. For example, some developers will label the smaller units “suites”, like studios and one bedrooms and they’ll label the larger units “residences, like two and three bedrooms.