What is a Condo Hotel? Is it a time share?
Purchasing a Condo hotel suite is just like purchasing any other piece of real estate. You own it. Time Shares are just that, time that you purchase to use the condo during the course of the year. With Condo Hotel suites you can live in them fulltime or allow the Hotel operator to rent your condo out for a split share of the revenue. Condo Hotel suites always include many more amenities than other developments because they are located on existing hotel sites. Owners enjoy amenities including concierge, room service, maid service, restaurants, and spas. Condo Hotels are sold to the client with a promise of hassle free ownership.
