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Rooms for Rent

Apartments let travelers savor the comforts of home.

This story appears in the May 2007 issue of Entrepreneur. Subscribe »

Many road warriors heading to major cities get a rude shock when they see hotel prices. In New York City, for example, the average daily rate is more than $300. So where can business travelers stay in relative comfort and security, save some cash and, as a bonus, feel like a local rather than a transient? The answer: a furnished apartment.

Exchanging a hotel stay for some time in a furnished apartment is growing in popularity, not just for travelers seeking space, privacy and a homey--and often chic--environment, but also for bargain-hunters. An apartment booked through Furnished Quarters, for instance, costs roughly 30 percent to 50 percent less per night than a room at a business-class hotel and offers many of the same road-warrior-friendly amenities: plasma TVs with cable, coffeemakers, Wi-Fi, DVD players and voice mail.

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