Condo hotel

Condo hotel,

Definition of Condo hotel:

  1. A large, high-end, hotel style building, typically a high-rise, comprised of individual condominium units that are sold to individuals and investors for their personal use or as a rental property. Most condo hotels operate a structured rental program on shared-rental basis to market the property as a vacation hotel when it is not being occupied by the owner.

Meaning of Condo hotel & Condo hotel Definition