Condo hotel
Condominium operated as a hotel / From Wikipedia, the free encyclopedia
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A condo hotel, also known as a condotel, hotel condo, or a contel, is a building that is legally a condominium but operated as a hotel, offering short-term rentals, and which maintains a front desk.
The examples and perspective in this article deal primarily with the United States and do not represent a worldwide view of the subject. (January 2011) |
Condo hotels are typically high-rise buildings developed and operated as luxury hotels, usually in major cities and resorts.[1] These hotels have condominium units that allow someone to own a full-service vacation home. When they are not using this home, they can leverage the marketing and management done by the hotel chain to rent and manage the condo unit as it would any other hotel room.