Articles On Published Articles to Which Condo Hotel Center Contributed

By Marilyn Adams Reprinted from USA Today, Sept. 27, 2005 SUNNY ISLES BEACH, Fla. – Just north of Miami, rising 26 floors over the shimmering Atlantic Ocean, Le Meridien looks like an oceanfront resort hotel. The internationally-known restaurant Bice beckons in the lobby. The pool, fitness center and spa round out the amenities of an […] Read More »

By Ernest Beck The New York Times Published: September 24, 2006 Dr. Stephen Meisel, a radiologist in Los Angeles, had not heard of a condo-hotel until a year and a half ago when he checked into the Ritz-Carlton in Key Biscayne, Fla. Because of a reservation mix-up, he and his family were given a condo-hotel […] Read More »

By Michelle Hofmann (Reprinted from Realtor Magazine Online, February 2, 2006) Experts offer advice for real estate practitioners navigating the expanding condominium market. No longer just a cheaper alternative to the single-family home or a retirement option for boomers, today’s condo market is filled with an ever-expanding array of options. From ultra-luxury high-rise penthouses that […] Read More »

By Mike Schnieder, Associated Press Writer (Reprinted from USA Today) ORLANDO – Denver attorney Jacques Machol loves the hotel amenities he gets when he stays at the Fountainbleau in Miami Beach: room service, housekeeping, linen service and a complimentary breakfast. Only Machol isn’t a hotel guest. He recently paid $735,000 for his 1,100 square-foot suite. […] Read More »

By John Handley (Reprinted from the The Chicago Tribune, May 22, 2005) CHICAGO – The hotel room of your choice always will be waiting for you – if you buy it. The latest real estate wrinkle imported to Chicago is the hotel-condo. Five downtown properties have announced they are going the hotel-condo route. Or, some […] Read More »

Reprinted from Vacation Ownership Magazine, Winter 2003 What could be more perfect than owning a luxury vacation home at a world class resort and receiving rent revenue whenever you’re not using it? Condo hotels are the newest trend in vacation home ownership. Live in it when you’re there; rent it out when you are not. […] Read More »

Look for this booming trend to continue. Reprinted from Real Profits newsletter. Demand for condo-hotels continues to escalate as the performance of hotel companies keeps improving post 9-11, investors seek alternatives to the stock market, baby boomers approach retirement and seek second homes, and interest rates remain low. A condo-hotel is a combination condominium and […] Read More »

Because buying a condo hotel is an expensive proposition and an investment that you hope will eventually bring you a substantial return, it’s important to make an informed decision before you sign on the dotted line. Follow these eight steps to help ensure your success: Check out all the inventory Ask lots of questions Look […] Read More »

Condo hotels are enjoying tremendous popularity in South Florida. They are by far the hottest real estate commodity on the market today. Perhaps you’re considering buying one yourself. Whether you plan to use it as a second home, vacation home or strictly as an investment, there are some pitfalls you’ll want to avoid when choosing […] Read More »

With the amenities of a hotel and the assets of a home, condo-hotels are one of the fastest-growing real estate trends By Maya Roney Dec. 4, 2006 BusinessWeek Once you’ve hit the big time, there are certain perks you become entitled to enjoy: first-class travel, better bottles of wine, a garage full of expensive cars, […] Read More »

By Ian Clover Property Mart Overseas – United Kingdom A popular investment choice among cash-rich Americans and foreign investors, condo hotels are becoming big business in the United States. Buying a residential unit in a world-class hotel might sound ideal, but are they worth the additional expense, and how often do you get to use […] Read More »

By Katie Curnutte and Ashley Wilkins Reprinted from The Commercial Record, July 1, 2005 Room service every day, a concierge always on call to procure theater tickets or dinner reservations on a whim, and constant access to state-of-the-art spas and gyms might seem like perks out of reach for most mere mortals. But in cities […] Read More »

South Florida’s Condo Hotel Developers Target Foreign Investors, Short-term Residents By William Plasencia Reprinted from The Daily Business Review August 29, 2003 For some people pampering is not a luxury, it is a necessity. These same folks who populate South Florida’s posh beachfront hotels part of the year are now regular fixtures at a new type […] Read More »

Buyers more knowledgeable before contacting sales office By Hubble Smith Las Vegas Review-Journal December 2, 2006 Nothing effectively generates a buzz about the launch of a condo-hotel project like a powerful Web site and an experienced, knowledgeable sales and marketing team, a panel of experts said at a two-day IMN Condo Hotel Symposium at The […] Read More »

By Catherine Lackner April 12, 2007 Miami Today While fractional unit ownership hasn’t become established here, “the market in Miami is ripe for it,” said Joel Greene, president of Condp Hotel Center, an Internet real estate broker of fractionals and other luxury properties. While the owner of a condo-hotel unit buys it in a transaction […] Read More »

By DENNIS RODKIN Reprinted from The New York Times April 2, 2004 CONDO hotels – developments that, as the name suggests, provide condominium ownership in a hotel-like setting – have for years been popular in vacation spots like Aspen, Miami and some upscale resort towns in Mexico. But recently, developers have begun to spread the concept […] Read More »

by Scott Podvin and Brad Pearsall Reprinted from Florida Investor Magazine The success of the condo-hotel product in resort locales in South Florida is well-documented. The Ritz-Carlton on Key Biscayne, the Setai on Miami Beach, and the Atlantic in Fort Lauderdale are just three of many projects that are succeeding with the leisure condo-hotel product. […] Read More »

BY John Handley May 22, 2005 (Reprinted from The Chicago Tribune) CHICAGO — The hotel room of your choice always will be waiting for you — if you buy it. The latest real estate wrinkle imported to Chicago is the hotel-condo. Five downtown properties have announced they are going the hotel-condo route. Or, some call […] Read More »

by Lisa Simundson Meetings South, April 2005 There was a time when, if a hotel or resort “went condo,” its days of being a hotel were basically finished. Today, however, the hard distinction between “hotel” and “condo” has been blurred by the emergence of a relatively new concept in the hospitality industry-the “condo-hotel.” The idea […] Read More »

By William K. Wolfrun Staff Writer Reprinted from Golf Publisher Syndications Condotels have become a thriving new part of the golf travel world, and top golf destinations like Orlando, Fla. are jumping into the mix. Condotels are condominiums that are used as personal hotels, and border more on being a time share than hotel room. […] Read More »

If you’re considering the purchase of a condo hotel unit, then you’re prepared to spend a substantial amount of money. Let’s face it, these aren’t your average $10,000 timeshares. It’s therefore certainly in your best interest to do everything you can to ensure that you get the very best property for the price. That’s where […] Read More »

Condo Hotels Are Becoming A Hot Real Estate Trend Reprinted from the Perl Mortgage newsletter, winter 2005 Imagine owning a luxury vacation home at a world class resort and receiving rental income whenever you aren’t using it. Condo hotels are the newest trend in vacation home ownership. Live in it when you’re there, and rent […] Read More »

By TERRY PRISTIN Reprinted from The New York Times October 27, 2004 CHICAGO – Just south of the Loop, three buildings in the historic Printing House Row district that together housed a fading Hyatt Regency are being transformed into this city’s newest boutique hotel. But in contrast to most other hotels, the majority of the […] Read More »

By Chris Woodyard Reprinted from USA Today September 21, 2004 Some business travelers walk into a hotel acting like they own the place. These days, they often do. A piece of it, anyway. Faced with a tough market for financing hotels, some developers are selling – rather than just renting – rooms to guests, thereby […] Read More »

By Lauren Foster Reprinted from the Financial Times  in New York Published: September 2 2003 21:34 Miami, South Florida, is home to Cuban exiles, college kids on break, pastel retirement houses and a rising number of condominium-hotels. Increasingly owners tired of boarding up their holiday homes for most of the year are turning to condo-hotels […] Read More »

By Laura Layden Naples Daily News – March 18, 2007 So what if you’re not a millionaire. You can still live like one in Southwest Florida. You can buy a Gulf-front mansion on Bonita Beach, for a fraction of the price. Make that fraction: 1/10. Longtime builder and Bonita Springs resident Jeff King has started […] Read More »

If you’ve had difficulty comparing and contrasting the different types of vacation properties on the market, this little chart should prove useful to you. With a better understanding of the pros and cons of condo hotels, fractionals, timeshares and traditional second homes, you’ll be better able to determine which type of vacation property best suits […] Read More »

For anyone considering the purchase of a vacation home, condo hotels are a viable option certainly worthy of consideration. However, it’s important for the buyer to have a good understanding of the condo hotel concept and the rewards versus potential risks before jumping in with both feet. REWARDS OF CONDO HOTEL OWNERSHIP Quality properties. Most […] Read More »

By Jane Hodges (Reprinted from www.RealEstateJournal.com, the Wall Street Journal Guide to Property) Question: Do you have any tips for evaluating a condotel purchase as purely an investment property? The one we are looking at is in a new multi-use redevelopment project in downtown Branson, Mo. — Clyde Burnett, Little Rock, Ark. Clyde: “Condotels,” also […] Read More »

By Elizabeth Esfahani (Reprinted from Business 2.0) Ever since Tony Kim flipped his “Starter Home” for an $80,000 profit six months after buying it, he’s been on a perpetual hunt for new ways to milk the real estate market. He scored in the past five years with condos in Southern California and South Korea. Now […] Read More »

(Reprinted from Financial Times, June 8, 2007) By Kathryn Tully Dubai’s Palm Jumeirah, billed as “the Middle East’s most desirable address”, is attracting famous buyers. David and Victoria Beckham have bought a place on the man-made island that sticks out in the shape of a palm tree into the Gulf. The development, while quirky, is […] Read More »

By Juliette Guilbert (Reprinted from AirTran’s in-flight magazine, Feb. 2006 edition.) If you like to have your cake and eat it too, consider the latest rage in vacation properties: the condo hotel, which offers prospective buyers a condominium with five-star hotel amenities, and may provide an attractive investment opportunity as well. The condo hotel concept […] Read More »

 By Lisa Rauschart Reprinted from The Washington Times April 7, 2006 How much will you pay to avoid the hassle that comes with owning a home? If you are like a growing set of affluent area residents, the answer will be quite a bit, especially if the price also involves the chance to live in […] Read More »

Condo hotels have all the amenities of a five-star resort, sans check out time. By Sarah Max Reprinted from CNN Money, December 9, 2004 CNN/Money senior writer SALEM, Ore. (CNN/Money) -You don’t have to be an heiress with the last name Hilton to have your own private residence in a five-star hotel. Condominium hotels and […] Read More »

By Holly Hubbard Preston International Herald Tribune, January 8, 2005 Jeff Spears said he “looked into everything” when he and his family were thinking of buying a vacation home, even sharing ownership with a bunch of strangers. An investment banker based in San Francisco, Spears had the kind of budget that would permit him to […] Read More »

By Julie Bennett Reprinted from The Wall Street Journal, February 1, 2006 On Sunday evening, Jan. 22, a contingent of 50 celebrities and champion poker players attending the Sundance Film Festival in Park City, Utah, gathered in a tent to play poker. At the end of a game that lasted until 3 a.m., winner Phil […] Read More »