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Hotel-Condo Hybrids Gaining Popularity

Posted by: Brenda Meyer
Thanks to: Brenda Meyer
21 June 2005 - 10:00am

From Miami to New York, certain luxury hotels are allowing buyers to purchase suites.

"The hybrid concept of a luxury hotel that sells some of it units as condominiums has become one of the most popular trends in the industry in recent years. Condo-hotels in the past two or three years have expanded beyond traditional markets in ski resorts or Hawaii and into other tourist destinations such as Orlando and Las Vegas. Projects also are under construction in urban centers like Atlanta, Chicago and New York, where the Plaza Hotel is being converted."

Full Story: Hotel-condo hybrids expanding nationwide
Source: MSNBC, June 20, 2005
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