Learn Farsi: در این خیابان یک هتل وجود دارد.

وجود دارد is a compound verb, which means it is made of two separate words that work together to create one meaning. It combines the noun وجود (existence) with the verb دارد (he/she/it has). Literally, it means "it has existence." This is how Farsi expresses that something exists or "there is" something. Since we are talking about one hotel, the verb part is conjugated for "it".

Where is the word for "there" in this sentence?

Farsi doesn't use a placeholder subject like "there" in "there is" or "it" in "it is raining." The compound verb وجود دارد does all the heavy lifting on its own. The literal structure here is just: [In this street] [a hotel] [exists].

Why does the sentence start with در ("in") when the English translation says "On this street"?

Prepositions rarely translate perfectly word-for-word between languages! While English speakers usually say a building is on a street, Farsi speakers say it is in the street (در خیابان). Whenever you are talking about locations like streets, neighborhoods, or cities, you will usually use در.

Is هتل related to the English word "hotel"?

Yes! هتل (pronounced almost exactly like "hotel") is a loanword. Farsi has adopted quite a few words for modern concepts from French and English, so you get a free pass on memorizing this one!