Industry News

Condotels: The next big thing in real estate

Hotel-condominium hybrids selling at lightning speed
Published on Sep 27, 2004

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by CareyBot

Prospective buyers signed contracts for all 248 condominium units in a converted Waikiki hotel during a nine-hour frenzy in early August. Condotels, which are hotel-condominium hybrids, are all the rage in some touristy U.S. markets. The sale of individual rooms ...

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