(954) 450-1929 info@condohotelcenter.com

Articles for Developers

Developing A Condo Hotel? Consider These Six Critical Issues

Consider these six critical issues to ensure its success. By Joel Greene Condo hotels are hybrid properties that have begun materializing in recent years everywhere from prime vacation destinations to mid-size cities across the U.S. and the world. Why the sudden proliferation of condo hotels? The main reason is that they make good financial sense […]
Read More »

What Every Condo Hotel Developer Needs to Know

By Joel Greene In a condo hotel, some or all of the property’s units are sold to individual buyers with the expectation that they will place those units in the hotel’s rental program, and the revenues and expenses will be split in some fashion between the unit owners and the hotel. This weaving together of […]
Read More »

Condo Hotels: Lodging’s New Segment – Again

by Gregory Bohan It has become virtually impossible to attend an industry conference, read an industry trade journal or peruse one of the online industry sources without coming across commentary relating to the condo hotel development boom we’re witnessing in certain parts of the country. With all the hype, one would think that the concept […]
Read More »

Some Reflections on Condominium Hotel Development

Elaine Sahlins Senior Vice President HVS International — San Francisco As evidenced in our work on a number of condominium hotel or condo-hotel projects in the past few years, the success of a condominium project is not necessarily dictated by or related to the success of the underlying hotel’s performance. Most condominium projects are located […]
Read More »

Six Things to Consider Before Obtaining a Hotel Franchise

By Stephen Rushmore, MAI, CHA, ORE Hotel (and condo hotel) owners throughout the world are starting to realize the benefits of utilizing a recognized hotel brand to create an instant identity and attract customers to their properties. For more than 40 years, franchising has been the most popular method for obtaining a hotel affiliation without […]
Read More »

Condo-Hotels, Expanding the Options for Lodging Development

By Anwar Elgonemy – Vice President, Jones Lang LaSalle, San Francisco How do Condo-Hotels Work? By no means a novelty, the condo-hotel model is showing resurgence due to rising condo prices and the current “Midas Touch” perception of residential real estate. The most successful condo-hotels are those built as hotels first and then as condominiums […]
Read More »

Condo Hotels — New Trend or Flash In The Pan

By Robert M. Chasnow During the 1970s and early 1980s, a few dozen condo hotel resorts were seen on some Hawaiian shores and Colorado ski slopes. Some were even SEC registered and came complete with an accountant’s table of revenue and profit projections, but disappointing investor returns, lawsuits and the Tax Reform Act of 1986 […]
Read More »

Condo Hotels: Are They Unregistered Securities? SEC Rules Apply

Developers Must Comply with Strict SEC Rules or Face Consequences Nearly 1.7 million people in the United States own a vacation home or a second home, defined as property that they use on a seasonal or periodic basis. Many people purchase a second home expecting to rent it out when they are not using it […]
Read More »

The Magic of Mixed-Use: Condos Drive Deals But Hotels Drive Condos

By Jim Mouzourakis We all have heard by now how condominiums are subsidizing five-star hotel developments. Truth be told, this may be somewhat overstated. Condos are indeed the most economically viable land use and a big driver in luxury hotel development, with values often achieving $1,000 to $2,000 per square foot. But a hotel brand […]
Read More »

Adding a Spa to Your Condo Hotel? Consider These Critical Factors

By: Gary Henkin (President, WTS International, Inc.) If you’re like most condo hotel and resort developers, it is likely that your site already has or will have a reasonably sophisticated exercise or fitness center for your guests. But have you considered adding spa services as well? Growth in the spa industry over the past five […]
Read More »

The Condo-Hotel: When Might the Securities Laws Apply?

By Bart Bartholdt © 2005 Graham & Dunn PC General – The Condominium/Hotel Structure The development of condominium hotels (1), although not a new concept, has enjoyed increasing popularity recently in the hospitality industry. The appeal of a properly structured condo-hotel development from a developer’s perspective is easy to see – in a time of […]
Read More »

Feasibility Studies – Taking the First Step on the Road to Success

Feasibility studies help hoteliers and lenders determine the viability of hotel and condo hotel projects By Steven J. Belmonte Riding the coattails of a slow, but sure, return to economic stability, the lodging industry is making a comeback. And we all know what that means – more and more developers and owners will be looking […]
Read More »

Affluent Travelers Driving Resort Real-Estate Boom

By Peter Yesawich Resort real-estate is the current rage for affluent consumers, even more so than the “next” destination to be discovered. The reason is obvious: Property values in some of the most popular resort destinations have escalated dramatically in recent years, oftentimes at higher rates than those observed in the hottest residential markets. The […]
Read More »

Hotels and Condos: Mixed-use Matrimony

Hotel-condo projects provide the pampered perks of a fine boutique hotel, along with all of the comforts of home. By Blaine Weber Weber + Thompson Reprinted from the Daily Journal of Commerce, Oct. 26, 2006 Suddenly omnipotent in Seattle, hotel-condominium projects are sprouting like wildflowers. It is a significant trend that is changing the urban […]
Read More »

Condo Hotels: Lifestyle Choice for the Baby Boom Generation

Beginning of a Real Estate Boom, Not an End By Bob Waun Outline The Case for Explosive Condo Hotel Sales Potential I. Why the Bubble Statistics fall short: a. The Bubble Debunked b. The Refinance/Renovation Effect c. The Redevelopment Effect d. The Currency Effect: Why Foreign Buyers Matter e. Why Interest Rates Matter II. The […]
Read More »

Condominium Hotels, The Latest Strategy for Hotel Waterpark Resorts

By Bill Haralson & Jeff Coy Over the past three years, we have written extensively about a significant evolution in the waterpark industry: the waterpark resort. As we have described the concept in previous articles, the waterpark resort involves the pairing of some type of lodging with an indoor waterpark. Other components may also be […]
Read More »

What Are the Risk Factors of a Hotel Waterpark Investment?

By Jeff Coy and Bill Haralson Hotels and resorts with indoor waterparks now total 104 in 2005 with 52 under construction and another 121 in development. Three major ski resorts have opened or will soon open indoor waterparks to create weather-proof vacations and capture year-round revenues. In 2004, resorts achieved higher occupancies and revenues than […]
Read More »

Hotel or Residence? A Checklist for Condo-Hotel Developers

By Anthony DiGuiseppe Founder and President DiGuiseppe Architecture and Interior Design Condo-hotels are “hot.” That said, they are complex instruments, part hotel and part residence. Therefore, it’s important that developers consider a well-prepared checklist of items as they embark upon the designing and building of what they hope will be a successful condo-hotel property. Item […]
Read More »