What is a condominium hotel?

A condominium hotel combines the advantages of a second home with the guest services and deluxe amenities of a luxury hotel. Importantly, however, condominium hotels also offer owners the option to enter into a rental program and share in the revenue the condominium generates. By selecting this option, owners leverage the marketing and management of a professional rental management company. The rental management company rents and manages the condominium, when not in use by the owners, as it would any other hotel room. Owners also enjoy hassle-free ownership, as the developer maintains each individual condominium and all common areas, operates amenities and provides guest services.