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Unformatted text preview: s investment and upscale vacation option Developer: sees a secure investment by getting funding upfront Lenders: see minimal investment risk Condo-hotels
Condo-hotels Hotel style amenities Lodging appeal of a condo unit Comforts of home Resort atmosphere Each unit is individually owned When owner not there, it is rented to guests Own a second home without upkeep Residential Communities
Residential Resort communities are attractive for second home development Variety of housing types Variety of recreational activities Resort living becomes a lifestyle Multi Use Resorts
Multi Combination of facilities: resort hotels, timeshare units, & homes Promote private club type exclusivity State of the art recreational amenities available to all owners & visitors Diverse food and beverage Retail and entertainment Resort Guest
Resort Fundamental guests’ needs Desire for change of pace, get away from familiar Desire to satisfy recreational needs while being entertained and stimulated Desire to travel to interestin...
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This note was uploaded on 11/07/2011 for the course HFT 1000 taught by Professor Dr.kharris during the Fall '10 term at FSU.
- Fall '10