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.
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.
difference between hotel,motel,apartelle,inn and resort
what the difference business hotel and resort
Usually a resort is a place or area (eg a town or village) while an hotel is one place providing accommodation in that area (eg a building in the town or village).
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.
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.
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.
All hotels are commercial. A Resort is planned and managed. A resort hotel is typically in a vacation (resort) area, and caters mostly to vacationers, especially on beaches. Other hotels are in business and downtown areas, which is where most of the business travelers stay, as well as those just passing through and need a place just for the night.
A resort is a place (town, community, commercial establishment) that visitors come to for relaxation or recreation. Resorts can be such things as beachfronts, lakes, amusement parks, spas, sporting facilities (golf courses are common), gambling casinos, ... A hotel is a a business that provides temporary shelter/sleeping accomodations for travellers. Typically, there will be hotels at or near a resort. And, in the case of a commercial resort establishment, the resort may well integrate a hotel with its services. But, the two terms are not synonymous.
Generally the term 'condominium resort' refers to a collection of residences built in a resort area. A unit in the complex may be referred to a 'resort condominium'. Sometimes the governing documents require that the residence be available for rent for a fixed minimum number of days or weeks during the year.
A hotel may consist of guest rooms, restaurants, a pool, meeting space and business services. A resort, by most standards, may include all the above, but must also include an associated recreational aspect, be it golf, spa, amusement park, skiing, etc.
Hotel Tycoon Resort happened in 2010.