Guys, what does it mean when a guy asks if you want to go back to his place on the first date?

Anonymous
He lives with a roommate, but his roommate was staying with someone for the weekend. So he had the place to himself. I didn’t know the guy much before our first date, as we meet on a dating app. On the first date, it was very late at night, he asked if I wanted to go over to his place. I said no and he was like “Aw, okay.” He seemed a bit disappointed. But why? He told me that he was looking for a relationship, not a one-night stand if that was his intention for inviting me to his place. Um... what does it mean when a guy asks if you want to go back to his place on the first date, in general?
Guys, what does it mean when a guy asks if you want to go back to his place on the first date?
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