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  • Condo Hotels

  • Effectively Managing FF&E for Condo Hotels

  • By Cary Tyler Schirmer, Chief Executive Officer, The Higgins Group

  • Condo-hotels, also known as condotels and apartotels, are taking the hotel industry by storm. Initially made popular in the Miami area throughout the 1980s, these residences are back in a big way, allowing biggest names in luxury hotel brands to create a whole new real estate market. By uniting the public's desire to invest in real estate with the travel industry's quest for new properties, the condo hotel has reinvigorated the hotel construction business, altering the skylines of gateway cities from San Francisco and Las Vegas to Boston and New York.

    These residences are typically high-rise, luxury properties in outstanding locations associated with well-known names in the hotel industry such as Ritz Carlton, Hilton, Starwood, Trump and Sonesta. They offer a great opportunity for a hotel to leverage and extend their brand into a luxury residence, where buyers can enjoy all the amenities of staying in a hotel, with the added benefit of owning a piece of the real estate. Most condo-hotels feature incredible amenities and guest services of four-star caliber or better, including full-service spas, work-out facilities, room service, housekeeping services, resort-style pools, restaurants and access to concierge services.

    Mixed use residences like this come in many flavors: condo hotels, residential ...

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Hotel Business Review Condo Hotels

Gavin Davis
Steven Ferry
Cary Tyler Schirmer
Jed Heller
Lawrence Hefler
Tom LaTour
Tom LaTour
Nelson Migdal
Coming Up In The March Online Hotel Business Review

"Hotel Business Review offers weekly articles for hotel management and operation and discussion on emerging growth markets."
Feature Focus
Hotel Human Resources: The Biggest Challenges
The economic challenges of the past four years have led many hotel companies to re-examine the ways in which they do business and how they deploy talent. In many cases, the work did not go away and fewer people were left to carry on the tasks that had previously been shared among many. As we work our way out of the recession and look forward to a healthier economic environment, there is an understanding that despite recovering business levels, we may never see the return of former staffing levels. This "new norm" of operating with leaner teams has led Human Resources professionals and people managers to look at career development and growth opportunities in a new light. The March Hotel Business Review will take a look at some of the strategies being used by successful hotel brands, and techniques human resource directors are currently exploring.
INSIGHTS FOR INDUSTRY LEADERS BY INDUSTRY LEADERS
"The Four Habits of Highly Effective Human Resources"
By James Bermingham, Vice President, Montage Hotels
"Embassy Suites 'The Circle of Leadership"
By Darci Riesenhuber, Director of Brand Culture, Embassy Suites Hotels
"Applying Consumer Marketing Best Practices to Employee Loyalty"
By Fred Bendana, Executive Director Client Services, Maritz Loyalty & Motivation
"How Incentives are Changing to Keep Existing Staff Motivated?"
By Jim Houran, Partner, HVS Executive Search
PLUS: Mobile Technology - Attracting & Retaining Top Talent - Education - Employee Engagement - Employment Claims & Litigation - Employment Contracts - HR Management.