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Condo Hotel: A Great Concept for Vacation Rentals with Everyday Luxury Included
February 26, 2008
Category: Travel Concierge
When visiting a new destination, or traveling to a city to discover it as a place to relocate, have you ever considered staying in a condo hotel? Condo hotels are the newest trend in business and leisure travel choices. But why are condo hotels so popular? How is the concept of a condo hotel changing the way people vacation, conduct business and travel?
The condo hotel is gaining popularity for several good reasons:
A Condo Hotel as an Investment
From an investment perspective, condo hotels have good potential to produce an income, especially if they are situated in popular vacation destinations such as Asheville, North Carolina, Miami, Florida or Las Vegas, Nevada. The owner of an investment unit also has a comfortable, convenient place to vacation in a desirable destination. Yet, this is not the primary reason investors are buying condo hotel properties. The average age of a condo hotel investor is between 35 and 50, and these investors are looking at the long-term income producing potential of a property. They like the idea of owning the equivalent of a hotel suite and having no maintenance to worry about.
Condo Hotels and Travel Vacation Planning
The condo hotel stay is ideal for any type of travel vacation planning. It has amenities that reflect the modern lifestyle. A condo hotel that caters to families and business travelers may include widescreen high definition television, a gas fireplace, whirlpool bathtub, plenty of comfortable places to sleep, wireless Internet access, and other amenities. In fact, many condo hotels are built as four and five-star luxury accommodations, and include on-site and offsite spa services as well as concierge services, hot tubs and pools, restaurants, and other desirable amenities.
Amenities in the Condo Hotel Suite
As for the amenities in the actual condo hotel suite, some condo hotels are outfitted with widescreen television and DVD players to keep adults and children entertained. They may also come with a gas burning fireplace, high quality mattress for comfortable sleeping, and separate bedroom(s) for privacy. The condo hotel almost mimics the concept of the hotel suite with a kitchenette, but goes a step further in providing everything full size. It is complete with a full kitchen that includes a refrigerator, stove, microwave and utensils. Add a whirlpool bathtub and an outside deck for relaxation and the condo hotel almost feels like home. The condo hotel provides the maximum amount of space for friends and family on getaway weekends, and convenience for the business traveler.
Condo Hotels are Convenient to Shopping, Entertainment and Dining
Access to nearby spas and on-premise hot tubs and pools are often important to travelers, so condo hotels incorporate these services as well. A condo hotel is usually found close to conveniences, such as shopping, business districts, and entertainment.
For the ultimate in luxury travel, travelers can select a condo hotel with concierge services. With a travel concierge, there is little need for family or business trip planning, since the concierge can book dining, entertainment, and shopping activities and properly orient guests to the area.
Condo Hotel Suites are More Spacious than Traditional Hotel Rooms
A traditional hotel room is limiting in space and amenities. Condo hotel suites are much roomier, more residential and comfortable. They provide flexibility for dining options, seating for entertaining, and overall, are just more luxurious.
Following are some condo hotels already in business or condo hotel building projects that are in the works:
Atlanta, Georgia has several condo hotels: Twelve Centennial Park Atlanta, and the W Atlanta Hotel and Residences are just two of the newest Atlanta has to offer.
Charlotte, North Carolina, known as the banking capital of the south, also has a condo hotel in the works. Uptown Charlotte’s first condo hotel, the Concourse Hotel and Residences is located on the same block as the Arena.
Asheville, North Carolina. Asheville is becoming widely known as an international vacation destination. The first condo hotel in Asheville, The Residences at Biltmore, is close to the gates of Biltmore Estate in South Asheville, and convenient to downtown, shopping and entertainment. This condo hotel treats guests to 24-hour concierge services. There are other luxuries, such as: flat screen TV with an in room CD/DVD player, whirlpool baths, gas fireplaces and porches in most suites.
The condo hotel vacation concept is popular and, according to experts in the hospitality industry, this unique concept will continue to be a favorite among travelers. Find out what makes condo hotels so spectacular by booking a room in one next time you visit a destination.