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Choosing The Correct Condo (For You)

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Veröffentlich am: 19.04.2023, 13:44 Uhr
Is it evident to hotel guests whether they're staying in a Grand Dunman Condo hotel or a traditional hotel?

A hotel guest will likely never know that the hotel has multiple owners because the property is operated just like a traditional hotel and often under the management of a well-known hotel company like Hilton, Hyatt, Starwood, Trump or W. Also, each of the individual condo hotel units will look identical in design and décor to every other, just as they would in a traditional hotel.

Who typically buys condo hotels?

They're primarily sold to people who want a vacation home but do not want to deal with the hassles typically associated with second home ownership such as maintaining the property or finding renters in the off season.

What is the demographic of the typical condo hotel buyer?

The spectrum of condo hotel buyers is pretty broad. There are families that want a second home in a vacation destination. There are baby boomers who are at or nearing retirement and want somewhere they can "winter." There are also plenty of investors who purchase a condo hotel unit with little intention of ever using it; they're in it for the potential appreciation of the real estate.
Veröffentlich am: 26.06.2023, 16:54 Uhr
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Veröffentlich am: 06.03.2024, 04:29 Uhr
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