Thinking of Buying a Condo Hotel? Here Are 20 Things You Need to ...

5. 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. ... Condo hotels have been around for several decades, but the huge surge of four-star and five-star condo hotels that have been making their way across the country, started around year 2000 in the Miami area. ...