Condo hotels, the industry’s hot new segment, has been given prominent billing at virtually every hotel conference in the past three years. The writing on the subject, however, can seem dense and confusing to the uninitiated.
USA Today published a full-page article in its business section entitled “It’s a Hotel. It’s a Condo. No, It’s Both!” Hoteliers and developers are not accustomed to seeing the lodging industry’s business trends make national news in the general press. The USA Today article clearly demonstrates that the condo hotel rage is in full swing.