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A condominium hotel is probably a mixed-use high-rise building, where the lower floors are a commercial hotel and the upper floors are condominium units.
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What is the difference between a hotel and a condominium hotel?
Most commonly, a hotel is owned by a corporate owner who then rents rooms in the property. A condominium hotel could be run like a hotel, but with units -- rooms -- owned by individual owners.
What is the legal difference between a hotel and a condominium resort?
Legally, a hotel is owned by a single owner and the property managed for the benefit of both the owner and guests. Each condominium unit is owned individually, and its association manages the business of the condominium.
Where does condotel blended from?
The term "condotel" is a blend of "condominium" and "hotel." It refers to a type of property that operates as a hotel with individual units owned by different people.
Is it a good idea to invest on condominium hotel?
Good is a judgement and you are the judge.
Is it cheaper to stay in a condominium or hotel?
A local travel agent can help you answer your question.
How do you define a hotel?
A hotel is a large commercial establishment where travelers can stay for a temporary period.
How do you do a feasibility study of a condominium hotel?
If you want to know the answer is here. just sneak in and then study by Rebecca Ann Louise
Where is The Setai located in Florida?
The Setai Hotel is a luxury hotel and condominium in Miami, Florida. It is located on Miami's famous South Beach and is a full service hotel. In 2013, The Setai was rated the #1 hotel in Miami Beach by U.S. World & News Report.
Who was the construction company of record for the Rooney Palace Hotel-Condominium in Miami Florida?
Go to your local county assessors office, who will have the answer you want.
What is the difference between a condominium hotel and a time-share?
The difference is in the ownership of the property. Read your governing documents to determine if time-share use is permitted by owners. The definition for a hotel implies irregular lengths of stay, as does time-share. The difference is in who owns the unit. A condominium unit owner may not be able to use the unit as a time-share unit; whereas a hotel unit can be used for irregular lengths of stay.
What is the difference between a condo hotel and a regular hotel?
Condominium hotels can be bought permanently and are typically bigger in size. Regular hotels allow customers to rent rooms but typically do not offer them up for purchase.
Define hotel and restaurant management?
hotel and restaurant management is the overall managing and handling of all departments in restaurants and in hotels.
