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Real Estate Glossary

Facility space

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Richard Wilson
Written by Richard Wilson

In hospitality properties, this is the area devoted to operating divisions such as health clubs, gift shops, and restaurants. Those places can service the general public or various guests on an interactive basis. Facility space is typically not related to room occupancy.

In hospitality properties, this is the area devoted to operating divisions such as health clubs, gift shops, and restaurants. Those places can service the general public or various guests on an interactive basis. Facility space is typically not related to room occupancy.

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Richard Wilson

Richard Wilson

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