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Condo Hotels
62 articles
Tightening Credit Markets Squeeze Some Las Vegas Condo Investors
The credit crunch is hitting buyers in Las Vegas hard and some would-be investors now can’t land a loan.
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More Bad News for Condo-Hotel Buyers? Florida Buyers Can't Get Out of Contracts
A recent court ruling in Florida may have a big impact on condo buyers looking to get out of their pre-construction contracts.
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Are Condo-Motels the Next Condo-Hotels?
So this is what it has come to. Condo-hotels, over. Condo-motels, hot enough to land a cover story in the New York Times.
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Take Our Reader Survey
The Halogen Guides network of websites is growing fast, and to better serve our readers we’ve put together a short and confidential reader survey.
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Lake Tahoe's Chateau at Heavenly Village Needs $200 Million to Kick Start Construction
With construction at a standstill, and the developer desperately seeking new financing, RockResorts pulls out of a deal to manage the Chateau at Heavenly Village, a struggling Lake Tahoe condo-hotel.
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Nikki Beach Joins the Condo Fray with Developments in Exotic Locales
Will a combination of recognized name brand and more exotic destinations spell success for Nikki Beach in the condo-hotel game?
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More Condo-Hotel Woe
Fed up buyers and possible class action lawsuits. Will the latest challenges to hit the condo-hotel market knock out this once highflying concept?
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The Sales Block: Why Selling a Condo-Hotel Unit May be Contractually Impossible
The condo-hotel market is struggling, and now some owners may find they are unable to quickly sell their units because of strict clauses in their contracts.
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Capella Expands Its Brand of Luxury Hotels and Resorts
Luxury developer Capella will offer whole and fractional ownership options at three of its upcoming resorts. Halogen Guides takes a look at what’s for sale and what you’ll pay.
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Realtors Group Says Vacation Home Sales Down 31 Percent
Second home sales have taken a direct hit in the current real estate market slowdown, according the National Association of Realtors’ (NAR) annual survey of investment and vacation home buyers.
The realtors group, always eager to put a sunny spin on ...
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Las Vegas Condo-Hotel Faces Foreclosure, Possible Rescue by Starwood
The “f” word has reared its head again. Foreclosure rates are up across the country as homeowners are squeezed between falling home values and rising mortgage rates that have made keeping up with monthly payments a struggle for many. ...
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Spotlight: St. Regis Bal Harbour
Bal Harbour was founded by Robert C. Graham sixty years ago as a “dream village,” and the community’s small size has never been exploited; developers have long adhered to a philosophy of “quality, not quantity” here, and the result is ...
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Mortgage Meltdown Hits Fractional Lender
At the annual Ragatz Associates Fractional Interest Conference this week, the expected sunny spin on the growth of the private residence club industry was shadowed by a grim reality. First Fractional Funding, a Greenwood Village, Colo.-based mortgage company that ...
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Seattle Luxury Condo-Hotel Project Stalled
The 1 Hotel + Residences, a luxury condo-hotel project in downtown Seattle, has stopped construction pending a redesign of the building that will scale down the number of condo units in the building, according to an article in the Seattle ...
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Tamarack Resort's Majority Shareholders File for Bankruptcy
Nearly 300 inches of snow have fallen this ski season, and real estate sales of mountain homes and fractional residences remain strong, but the founders of Idaho’s Tamarack Resort couldn’t escape the fallout from the multi-billion dollar French banking scandal. ...
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Private Residence Club Spotlight: The Lodges at Calistoga Ranch
Wine and mud may seem like odd bedfellows, but in Calistoga, Calif., on the northern edge of Napa Valley, the two go hand in hand. Tourists flock to this corner of wine country to dip themselves in the mineral ...
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It's All About Location: Telluride Real Estate With the Best Slope Access
Two things that legendary ski destination Telluride has no shortage of are 14,000-foot peaks and luxury vacation home options. With a first-of-its-kind gondola system connecting the historic town of Telluride to the nearby modern resort enclave of Mountain Village, ...
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Spotlight: Fairmont Tamarack
Think Idaho, and likely the second home hub and celebrity mecca, Sun Valley, comes to mind. But Idaho’s resort living footprint is now expanding to other areas. Most notable is Tamarack Resort, a ski mountain and growing vacation ...
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No Magic in this Kingdom: Orlando Condo Hotel Sales Flounder
Florida has been one of the hardest hit states in the U.S. real estate slowdown. Tourism mecca Orlando has suffered accordingly, but is also seeing projects go forward because of the area’s appeal to foreign buyers. This week Orlando ...
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Luxury Real Estate Options on Costa Rica's Peninsula Papagayo
It’s no secret that Costa Rica’s Peninsula Papagayo has become a tourist magnet. Located on the country’s north Pacific coast, only 30 minutes from Liberia’s international airport, the 2,300-acre peninsula is comprised of 15 miles of coastline, 31 distinct beaches ...
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Setai San Diego Developer Hit with Lawsuit
These aren’t easy times for the condo hotel industry. While home prices are dropping and sales of new homes sank more than 26 percent last year, condo-hotel developers have their own host of worries: namely, getting their projects off ...
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Setai San Diego Developer Hit with Lawsuit
These aren’t easy times for the condo hotel industry. While home prices are dropping and sales of new homes sank more than 26 percent last year, condo-hotel developers have their own host of worries: namely, getting their projects off ...
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Freebies in Dubai: Buy a Condo, Score a Bentley
Dubai is the land of over the top gimmicks, from its vast indoor ski resort to its man-made palm tree-shaped private islands. It’s no surprise then, that two of its newest luxury real estate developments, Damac Heights and Lincoln ...
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Boom and Bust for Las Vegas Real Estate
Las Vegas is living up to its easy come, easy go reputation. In the home of the eternal optimists (riches after all are just one blackjack hand away) the past week has turned out a mixed bag of news.
On the ...
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Hoteliers Announce New Palm Springs Real Estate Projects
As Palm Springs undergoes its renaissance as a desert luxury destination with more than just golf, the city is also beginning to attract more developers and second home buyers. Nearby desert community La Quinta is already home to residences owned ...
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Hoteliers Announce New Palm Springs Real Estate Projects
As Palm Springs undergoes its renaissance as a desert luxury destination with more than just golf, the city is also beginning to attract more developers and second home buyers. Nearby desert community La Quinta is already home to residences owned ...
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Hoteliers Announce New Palm Springs Real Estate Projects
As Palm Springs undergoes its renaissance as a desert luxury destination with more than just golf, the city is also beginning to attract more developers and second home buyers. Nearby desert community La Quinta is already home to residences owned ...
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Hoteliers Announce New Palm Springs Real Estate Projects
As Palm Springs undergoes its renaissance as a desert luxury destination with more than just golf, the city is also beginning to attract more developers and second home buyers. Nearby desert community La Quinta is already home to residences owned ...
Read Full Article »
Hoteliers Announce New Palm Springs Real Estate Projects
As Palm Springs undergoes its renaissance as a desert luxury destination with more than just golf, the city is also beginning to attract more developers and second home buyers. Nearby desert community La Quinta is already home to residences owned ...
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Toronto Hosts Starlets, Luxury Hotel-Residence Developments
Hollywood has taken quite a shine to Toronto and a bevy of films are being shot in this cosmopolitan Canadian city. But it’s not just the movie industry eyeing our northern neighbor. Developers have flocked to Toronto, which now has ...
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Condo Hotel Slated for Lake Tahoe's Heavenly Village
A new luxury lodge—a green chateau of sorts—is set to open at Heavenly Village in South Lake Tahoe as part of a $420 million redevelopment plan.
At the base of the Heavenly Mountain Resort near the California state line, the Chateau ...
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Dominican Republic Sees Growth in Luxury Resort Development
The Dominican Republic, once a distant second fiddle to such Caribbean destinations as St. Thomas and Anguilla, has confidently stepped into the spotlight thanks to an impressive crop of luxury resort developments, 21 golf courses (including designer courses by Dye, ...
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Viceroy Snowmass Breaking Ground on $1 Billion Development
Winter sports lovers eager to stake their claim on the Colorado snow and own some mountainside real estate will be glad to hear that Kor Hotel Group has announced the groundbreaking of the Viceroy Snowmass, minutes from Aspen Mountain.
The condo ...
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Gansevoort South to Say Bienvenido in January
There is no shortage of condominiums in South Florida these days (the Multiple Listing Service has nealy 23,000 condos and townhomes for sale in Miami alone) and while some projects have stalled, there are noteable projects getting ready to open ...
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Spotlight: Ritz-Carlton Club Fractionals Head to South Beach
With successful real estate developments in fractional-heavy locales like Aspen and Hawaii, Ritz-Carlton is now headed south to Miami. Scheduled for completion in 2009, the Ritz-Carlton Club and Residences, South Beach, will consist of several oceanfront towers, one of which ...
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A Mixed Bag for Luxury Homes at Mammoth Mountain
Mammoth Mountain, tucked into the eastern Sierra Nevadas, has largely been a ski resort destination for Los Angelenos willing to make a five hour drive for premium snow. Since the resort lacks regular commercial air service, it has been relegated ...
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Condo Hotels Pop Up in San Diego
San Diego has traditionally had two personalities, both sleepy. As the summer home for Arizona residents, San Diego has long attracted desert dwellers escaping triple digit heat. The beach town is also a relaxing escape for those high ...
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Condo Hotels Pop Up in San Diego
San Diego has traditionally had two personalities, both sleepy. As the summer home for Arizona residents, San Diego has long attracted desert dwellers escaping triple digit heat. The beach town is also a relaxing escape for those high ...
Read Full Article »
Condo Hotels Pop Up in San Diego
San Diego has traditionally had two personalities, both sleepy. As the summer home for Arizona residents, San Diego has long attracted desert dwellers escaping triple digit heat. The beach town is also a relaxing escape for those high ...
Read Full Article »
Is the Condo Market in Florida Really Dead?
It’s no secret that the Florida real estate market has taken a broadside hit. There have been high profile project flame outs (who can forget the failed Hilton sister entrance into hospitality with the never opened, Nicky O condo ...
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The $18 Million Crash Pad: Canadian Condos Defy Price Slowdown
If you think Canada is simply our sleepy neighbor to the north just take a look at Vancouver, where the market for luxury resort condominiums has taken on a price frenzy akin to the New York real estate market. Exhibit ...
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The $18 Million Crash Pad: Canadian Condos Defy Price Slowdown
If you think Canada is simply our sleepy neighbor to the north just take a look at Vancouver, where the market for luxury resort condominiums has taken on a price frenzy akin to the New York real estate market. Exhibit ...
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The New York Plaza Finally Selling Condo Hotel Units
The building that Donald Trump famously called his “Mona Lisa” when he bought it in 1988 has finally opened its condo hotel sales. After closing in April 2005 for $400 million of renovation, and recently selling private residences for as ...
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The New York Plaza Finally Selling Condo Hotel Units
The building that Donald Trump famously called his “Mona Lisa” when he bought it in 1988 has finally opened its condo hotel sales. After closing in April 2005 for $400 million of renovation, and recently selling private residences for as ...
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Fairmont Tamarack Resort Builds Steam
Weekend warriors who ski and snowboard can find a wide open getaway in the wilderness of Idaho, at the developing Fairmont Tamarack condominium hotel. Built near Big Payette Lake, the Fairmont condo hotel project will have 224 rooms, 69 penthouses ...
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Condo Hotel Update: Four Seasons Seattle Proving a Robust Concept
With recent press coverage in the Wall Street Journal and in the Seattle Times, the $120 million Four Seasons Seattle project remains a prime example of robust condo hotel development, even in a soft housing market. From the developer’s perspective, ...
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Condo Hotel Update: Four Seasons Seattle Proving a Robust Concept
With recent press coverage in the Wall Street Journal and in the Seattle Times, the $120 million Four Seasons Seattle project remains a prime example of robust condo hotel development, even in a soft housing market. From the developer’s perspective, ...
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Condo Hotel Update: Four Seasons Seattle Proving a Robust Concept
With recent press coverage in the Wall Street Journal and in the Seattle Times, the $120 million Four Seasons Seattle project remains a prime example of robust condo hotel development, even in a soft housing market. From the developer’s perspective, ...
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Helium Report Launches Condo Hotel Directory
Helium Report has launched our sixth directory of luxury fractional ownership providers. Over 170 condo hotels are represented in this latest directory, which includes listings in the U.S., Caribbean, Canada, Mexico, Central America, Europe, and Asia. Some examples include:
Calistoga Ranch ...
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Luxury Real Estate Report: Vacation Options in Lake Tahoe
Real Estate: State of the Lake Tahoe Market
When considering where to buy homes in the Lake Tahoe area, Helium Report asserts that market research is essential. Tom Bruno, a Coldwell Banker broker with 30+ years of experience in the Lake ...
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The Wall Street Journal on Condo Hotels
We came across this condo hotel article in the Wall Street Journal a little while back. As with most mainstream coverage of condo hotels, a good portion of the article is a primer for people new to the concept (see ...
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Luxury Condos: Fortune Goes Bargain Hunting
Eugenia Levenson of Fortune magazine recently identified five key markets for buyers in the volatile condominium market. The article is part of Fortune’s 2007 retirement guide, so the recommendations are more targeted to residents than speculators.
#1: Miami
Miami’s overbuild is now ...
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Guide to Condo Hotels - Part 4: Key Questions
The four-part Helium Report Guide to Condo Hotels concludes with some key questions for consumers to ask before purchasing. With the basics of condo hotels explained, analyst Calvin Chin distills the final questions. See the first three parts to the ...
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Private Jets, Destination Clubs, Fractionals: 'Act Fast! Supplies Are Limited!'
Luxury goods marketers spend a good deal of time honing their pitch; positioning their goods and services in a restrained and dignified manner that resonates with their clientele. But the pressure of “making the numbers” and the gut instincts of ...
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Discovery: Westin Verasa Napa Residences Condo Hotel
Discovery is a weekly look at projects, planned or under construction, featuring luxury vacation properties around the world. Discovery content is independent and not paid for by the featured company. Discovery’s aim is to provide objective information and to help ...
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Ten Things You Need to Know about Financing Condo Hotel Properties
A popular option for those who want to get involved in luxury real estate is condo hotels. Condo hotels essentially allow consumers to buy (and then later rent, if they wish) condominium units at their hotel. As with any real ...
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The New York Times on the Miami Condo Hotel Market
The Miami real estate market, emblematic of the boom, is now partially symbolic of what is happening in the downturn. Affluent consumers seeking second home alternatives should reference a May 6th article in the New York Times. Some of the ...
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Las Vegas Condo Hotel Market Cooling Off, W Canceled
Earlier this month, the Edge Group announced that it was canceling the planned W Las Vegas mixed-use project. First proposed in 2005 for a 2008 opening, the project plan included 3,000 condo hotel units, 10 restaurants and nightclubs, a 75,000 ...
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Guide to Condo Hotels - Part 3: Brands and Projects
We continue our four-part Guide to Condo Hotels with a look at some brands and sample projects. Analyst Calvin Chin explains the major condo hotel players and some of their residential offerings. Continued from Helium Report’s Guide to Condo Hotels ...
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Overview of NACHO (National Association of Condo Hotel Owners)
The National Association of Condo Hotel Owners (NACHO) was founded in 2006 and is, as described on their website, “a non-profit trade association, representing the entire life cycle of the condo hotel segment from interested individuals and buyers, developers, supporting ...
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Guide to Condo Hotels - Part 2: Financial Analysis
We continue our four-part Guide to Condo Hotels with a look at the cost of ownership. Analyst Calvin Chin breaks down the math and analyzes both income and appreciation potential. Click here to read Part 1 of the Guide (Condo ...
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Helium Report Guide to Condo Hotels - Part 1
We’re extending our editorial coverage this week to include another luxury real estate option: condo hotels. In a four-part series, Helium Report analyst Calvin Chin explains the concept, analyzes the numbers, reviews major players, and provides a list of key ...
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