Showing posts with label Marriott. Show all posts
Showing posts with label Marriott. Show all posts
Condo Hotels Appeal to Baby Boomers Seeking a Vacation Home
Condo Hotels Appeal to Baby Boomers Seeking a Vacation Home
by Joel Greene
Baby boomers interested in buying vacation homes are now considering one of the latest trends in second home ownership: the condo hotel.
Condo hotels are a type of vacation home. They are typically located in resorts operated by some of the top luxury hotel chains, such as Marriott, Ritz-Carlton, Hilton, and Trump International, to name a few.
These upscale second homes made their debut in Miami, but the condo hotel trend has now spread across the country to markets like Orlando, Las Vegas, Chicago, and to various cities in California, Colorado and New York. They are also quite popular in exotic locales such as Mexico, Panama, the Caribbean and Dubai.
Condo hotels are a perfect fit for the lifestyle baby boomers enjoy, providing luxurious, hassle-free second homes, without all the worries of maintenance. They offer baby boomers the opportunity for easy, relaxed family vacations in desirable locations without time spent researching, planning and booking travel accommodations.
Unlike traditional vacation homes, condo hotels are furnished condominium suites located within some of the country's most famous hotels and resorts. Owners of these suites are entitled to use all of the luxury amenities and services offered by the property, such as fine dining restaurants, fitness centers, spas, and concierge services.
Furthermore, the headaches of maintenance, guest services and housekeeping are assumed by the on-site hotel management company.
But what really sets condo hotels apart are that the individual owners can place their unit in the hotel's rental program when they're not there. The hotel management takes on the responsibility of finding and dealing directly with renters, leaving the owners free from these duties. The rent revenue the condo hotel unit generates helps offset the costs of ownership.
Many baby boomers looking for investment alternatives see condo hotels as a smart choice, a means to diversify into something other than stock market holdings. Because of a limited supply of land in many choice locales, the likelihood of capital appreciation on condo hotel units is increased.
Condo hotel units come in a variety of sizes and prices, typically ranging from $300,000 to over $1 million for prime properties.
Unlike a timeshare, which usually provides only a week or two per year of use, condo hotel owners are fully deeded property owners who can generally use their condo suites when and how they please. Baby boomers want vacation homes that are available when their busy schedules allow them time off.
Also, whereas traditional timeshares can be difficult to resell, condo hotels, with their luxury amenities, prime locations, limited inventory, and potential for appreciation, can be resold more readily.
For all these reasons, the condo hotel product, and the lifestyle if offers, appeals to the baby boomer generation. Look for more condo hotels to come on the market in coming years to meet this burgeoning demand.
READ MORE - Condo Hotels Appeal to Baby Boomers Seeking a Vacation Home
by Joel Greene
Baby boomers interested in buying vacation homes are now considering one of the latest trends in second home ownership: the condo hotel.
Condo hotels are a type of vacation home. They are typically located in resorts operated by some of the top luxury hotel chains, such as Marriott, Ritz-Carlton, Hilton, and Trump International, to name a few.
These upscale second homes made their debut in Miami, but the condo hotel trend has now spread across the country to markets like Orlando, Las Vegas, Chicago, and to various cities in California, Colorado and New York. They are also quite popular in exotic locales such as Mexico, Panama, the Caribbean and Dubai.
Condo hotels are a perfect fit for the lifestyle baby boomers enjoy, providing luxurious, hassle-free second homes, without all the worries of maintenance. They offer baby boomers the opportunity for easy, relaxed family vacations in desirable locations without time spent researching, planning and booking travel accommodations.
Unlike traditional vacation homes, condo hotels are furnished condominium suites located within some of the country's most famous hotels and resorts. Owners of these suites are entitled to use all of the luxury amenities and services offered by the property, such as fine dining restaurants, fitness centers, spas, and concierge services.
Furthermore, the headaches of maintenance, guest services and housekeeping are assumed by the on-site hotel management company.
But what really sets condo hotels apart are that the individual owners can place their unit in the hotel's rental program when they're not there. The hotel management takes on the responsibility of finding and dealing directly with renters, leaving the owners free from these duties. The rent revenue the condo hotel unit generates helps offset the costs of ownership.
Many baby boomers looking for investment alternatives see condo hotels as a smart choice, a means to diversify into something other than stock market holdings. Because of a limited supply of land in many choice locales, the likelihood of capital appreciation on condo hotel units is increased.
Condo hotel units come in a variety of sizes and prices, typically ranging from $300,000 to over $1 million for prime properties.
Unlike a timeshare, which usually provides only a week or two per year of use, condo hotel owners are fully deeded property owners who can generally use their condo suites when and how they please. Baby boomers want vacation homes that are available when their busy schedules allow them time off.
Also, whereas traditional timeshares can be difficult to resell, condo hotels, with their luxury amenities, prime locations, limited inventory, and potential for appreciation, can be resold more readily.
For all these reasons, the condo hotel product, and the lifestyle if offers, appeals to the baby boomer generation. Look for more condo hotels to come on the market in coming years to meet this burgeoning demand.
The Grand Hotel Marriott Resort, Golf Club And Spa
The Grand Hotel Marriott Resort, Golf Club And Spa
by Jeff Foster
In Mobile, Alabama you will find the stunning Grand Hotel Marriott Resort, Golf Club and Spa. The breathtaking and stunning design of the newly renovated resort and spa has received high praise from the community of Mobile.
The family-friendly resort is located on the glorious Mobile Bay where you will find the sun glistening off the sparkling waters of the Bay and the resort beckoning you to come in, sit a spell and just breath.
The Grand Hotel Marriott Resort, Golf Club and Spa with its renovated design its nestled in Point Clear Alabama and is an example of opulence at its best. There is nothing that will take your breath away like a stroll on to the grounds. You will find yourself lost in the beauty.
The renovations have left nothing to chance and the attention to detail is simply impecable. Built in 1847, the Grand Hotel re-opened in 2006 upon the completion of a 50 million dollar renovation. Nestled on 550 secluded waterfront acres, the grand old lady has 405 incredibly luxurious hotel rooms and is designed to delight the guests who wisely choose its grounds. On the grounds of the Grand Hotel, there's never a lack of things with which you can entertain yourself.
A croquet lawn, tennis courts, horse shoes, bike riding, sailboats and kayaks are all available on site for you to enjoy. These amenities are sure to delight and help you relax in this picturesque setting.
At The Grand Hotel Marriott Resort, Golf Club and Spa you will find a newspaper at your door every morning, freshly brewed coffee in the lobby, tea and coffee in your room, and even a manager's reception which has a reputation for being ever so elegant. The Grand also has available for purchase babysitting services, valet dry cleaning and on-site laundry services. Fore! Golf fans every where know of the Robert Trent Jones Golf Trail and two challenging courses, which are a part of the trail, are located on site at The Grand. Having undergone extensive renovations, the Dogwood and the Azalea are now ready for play. So don't forget to pack your clubs and hit the greens.
If you are looking to be spoiled even more, then you must schedule a pampering session at the 20,000 square feet Grand Hotel Spa. Likened after the luxurious European design, the Grand Hotel Spa offers everything from body scrubs, to massage, to manicures, pedicures, waxing, and a plunge pool. Make sure that you book your preferable time in advance for the best appointment times. Then enjoy the delight of a piece of heaven in this little corner of Alabama.
If you are looking to be spoiled and relax in beautiful surroundings in this little gem of Mobile, Alabama, then you simply must make reservations at The Grand Hotel Marriott Resort, Golf Club and Spa.
This luxurious resort is one that you simply must not miss. Alabama is proud of this renovated Southern lady and they absolutely should be! Relax as you breath in the crisp Southern air and smile when you realize you are enjoying The Grand Hotel Marriott Resort, Golf Club and Spa.
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