The word hotel derives from the French hôtel, which referred to a French version of a townhouse, not a place offering accommodation (in contemporary usage, hôtel has the meaning of "hotel", and hôtel particular is used for the old meaning). The French spelling (with the circumflex) was once also used in English, but is now rare. The circumflex replaces the 's' once preceding the 't' in the earlier Hostel spelling, which over time received a new, but closely related meaning.
The term commercial property includes business property (e.g. office buildings), industrial property, medical centers, hotels, malls, retail stores. Commercial property is intended to be operated at a profit, either from capital gain or from rental income.
