Free US Law Dictionary

Condotel

A condo-hotel, also known as a hotel-condo or a Condotel, is a building used as both a condominium and a hotel.

Condo hotels are typically high-rise buildings developed and operated as luxury hotels, usually in major cities, in the US and around the world. These hotels have condominium units which allow someone to own a full-service vacation home. When they aren’t using this home, they can leverage the marketing and management done by the hotel chain to rent and manage the condo unit as it would any other hotel room.[1]