presentation condo hotels

- A condo- hot el i s a pro pert y wi t h di f f er ent unit s t hat are ce ntr al ly managed by an opera t or ( a si ngl e bran d). In co nt ra st with a hotel, th ese un it s are indi vi du al ly ow ne d. I ncondo-hot el st he rooms are sol d t o i nvest ors whocan use t hei r uni t s but who are al soal l owed to rent t hose units whenever t hey are not using t hem in exchange for rental income. The rental progra mal lo ws f orsin gle nig ht rent al peri ods, as oppose d to weekly or mont hl ymi ni mum per i ods Th e co ndo- hot el t erm i s used t o re f erence a vari ety of hotel pr oducts - • At one end t her e i sa propert y t hat f unct i ons as a hotel , but where al l rooms are pr ogram and t hen be used as hotel in vent ory. •At the other end t her e is a hotel or resor t propert y that has one buil ding f or hotel guest and . • And then there are variat ion t hat f all wi t hin t hese t wo product s. - used as prime residence by the owners and are not available to the hotel for renting out. But the term is loosely used and is also called Private Residences or The Residences by XXXX Hotels.

presentation condo hotels

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