Are Condo Hotels Making A Comeback?

Law360, New York (November 12, 2013, 1:48 PM EST) -- Condo hotels offer private individuals the opportunity to purchase a condominium unit for personal use part of the year and for rent to the general public as part of a hotel when it is not in use by the owner. These projects provide a source of financing for developers, a seasonal vacation home for unit owners, and the opportunity for unit owners to cover their costs of carrying their units so long as there is sufficient demand from renters.

Condo hotels were popular in the early-...
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