A condotel, also known as a condo hotel, is a building which is legally a condominium but which is operated as a hotel. Condo hotels offer short-term rentals and maintain a front desk, cleaning service and more, similar to a hotel property.
The owners of units can also choose to have their unit rented in the hotel’s rental program when they are not staying on the property. This gives the person with condominium ownership the opportunity to earn an income through short-term rentals.
