Do condo hotels appreciate?
Many condo hotels, especially the branded condo hotels, have seen double digit growth year after year, and have out performed traditional condos or single family homes in the same resort market. So, not only is there a great deal of historical information on condo hotels appreciating, but there is also a great deal of historical information on condo hotels appreciating more aggressively than traditional real estate in the same market. Please take into consideration that not all condo hotels will appreciate as aggressively as you’d like, and some may even lose value. There are quite a few recent examples of condo hotels depreciating, such as in the Las Vegas market.
