You may have heard about the latest trend in vacation homes condo hotels. Suddenly, consumers have the ability to own a second home in a wonderful destination without any of the hassles of ownership. To see why the condo hotel concept has so much appeal, consider these benefits:
1. You can own a piece of a world-class property. Most condo hotels are of three- to five-star quality.
2. Youll have a vacation home in a fantastic destination. Most condo hotels are located in premium locales on the beach, near golf courses, next to ski slopes and in bustling downtowns. Miami Beach, Fort Lauderdale, Orlando, Myrtle Beach, Las Vegas, Chicago and the Bahamas are some of the most popular condo hotel locations.
3. Use your vacation home when you want. Flexibility in use means you always have a place to get away from it all. When youre not using your vacation home, place it in the rental program.
4. A professional management company will take care of all maintenance and operational issues. Most condo hotels are managed by premier hospitality firms, often the biggest names in the business, Ritz-Carlton, Trump International, Hilton, Starwood and Hyatt,...
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