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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. Condo hotels are typically high-rise buildings developed and operated as luxury hotels, usually in major cities and resorts. [ 1 ]
Condominium ownership is also used, albeit less frequently, for non-residential land uses: offices, hotel rooms, retail shops, private airports, marinas, group housing facilities (retirement homes or dormitories), bare land (in British Columbia) and storage. The legal structure is the same, and many of the benefits are similar; for instance, a ...
A condominium or "condo" is a form of housing tenure and other real property where a specified part of a piece of real estate (usually of an apartment house) is individually owned. Use of land access to common facilities in the piece such as hallways, heating system, elevators, and exterior areas are executed under legal rights associated with ...
But for thousands of people who live in condo-hotels, where residential units and a hotel share space, the problems of keeping sufficient reserves and making repairs on time may just have gotten ...
A Manhattan penthouse with swimming pool, as viewed from the Empire State Building observation deck. A penthouse is an apartment or unit traditionally on the highest floor of an apartment building, condominium, hotel, or tower.
In Beverly Hills, construction is underway on a long-awaited condo and hotel complex valued at nearly $5 billion called One Beverly Hills
A hotel is frequently a central feature of a resort and the term resort may be used for a hotel that provides an array of entertainment and recreational activities. Some resorts are also condominium complexes that offer timeshares or fractional ownership, in addition to wholly owned condominiums. A resort is not always a commercial ...
Sep. 19—The Visitation Academy hotel project in downtown Frederick is very much a work in progress. Saws and hammers create a steady clamor. Construction workers fill the halls and stairwells ...