We recently came across the term Condo Hotels and wanted to know exactly what this meant. This is where the condo unit is designed with a hotel atmosphere and the owner of the unit can rent out his unit while away on business or vacation. The customer gets all the conveniences of a hotel with the amenities of a condo. Trump Towers in Chicago is a great example of this new living environment in which they saw a 95% appreciation of value before all the units were sold out.

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