Hotel Living: How Hotel Residences Are Changing Tourism
Growing in popularity, hotel-branded residences can offer investment potential for buyers and added value to the surrounding community.
Checking out of a five-star hotel is never easy: it's hard to say goodbye to the swish amenities; pristine suites; and your-wish-is-my-demand service. However, with more and more luxury hotels now offering private residences, some guests never have to go through the dreaded check-out process again and instead, can call the hotel—and all of its lavish trappings—their home.
What Is A Hotel-Branded Residence:
Largely situated in a private section of a hotel's grounds, hotel-branded residences are serviced properties that allow owners to live in the hotel with access to the same amenities as guests. Moreover, when owners aren't using their new hotel home, they're able to rent out their residence through the hotel to offset their ownership cost.
