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What is the difference between a hotel and a condominium hotel?
Wiki User
∙ 13y ago
Most commonly, a hotel is owned by a corporate owner who then rents rooms in the property.
A condominium hotel could be run like a hotel, but with units -- rooms -- owned by individual owners.
Wiki User
∙ 13y ago
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What is the legal difference between a hotel and a condominium resort?
Legally, a hotel is owned by a single owner and the property managed for the benefit of both the owner and guests. Each condominium unit is owned individually, and its association manages the business of the condominium.
What is the difference between a condominium hotel and a time-share?
The difference is in the ownership of the property. Read your governing documents to determine if time-share use is permitted by owners. The definition for a hotel implies irregular lengths of stay, as does time-share. The difference is in who owns the unit. A condominium unit owner may not be able to use the unit as a time-share unit; whereas a hotel unit can be used for irregular lengths of stay.
What is the difference between a condo hotel and a regular hotel?
Condominium hotels can be bought permanently and are typically bigger in size. Regular hotels allow customers to rent rooms but typically do not offer them up for purchase.
Define condominium hotel?
A condominium hotel is probably a mixed-use high-rise building, where the lower floors are a commercial hotel and the upper floors are condominium units.
What is difference between an attached and detached Condominium?
Attached condominiums are attached to something: a garage or another condominium. A detached condominium is not attached to anything.
What is the difference between a condominium unit and a condominium phase?
A condominium unit is a single unit in a condominium project, whether residential or commercial. A condominium phase is a development period, during which a developer builds, finishes and/or sells a set or collection of condominium units.
What is the difference between sanitorium and condominium?
A sanitorium (or sanitarium) is a medical facility for long-term illness. A condominium is a form of real estate ownership.
What's the difference between a townhouse and a condominium?
With a condominium, you own only the structure itself. With a townhome, you also own the yard surrounding your building.
What is the difference between boutique hotel and chain hotel?
The difference is a boutique hotel is more exclusive & private than a chain hotel.
What is the difference between a big hotel and a small hotel?
The difference between a big hotel and a small hotel is the amount of rooms that they have. The amount of staff and the size of the building are also differences.
What is the difference between villa and a condominium?
a villa is ground level. it comes from spanish/mexican for dwelling. a condominium can be on ground level, but is always in a high rise building
Where does condotel blended from?
The term "condotel" is a blend of "condominium" and "hotel." It refers to a type of property that operates as a hotel with individual units owned by different people.
