tag:blogger.com,1999:blog-47376809168937775062024-03-08T06:12:53.994-08:00candy8708Anonymoushttp://www.blogger.com/profile/06593031062778258903noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-4737680916893777506.post-52761986749057077192013-07-26T16:13:00.001-07:002013-07-26T16:13:26.670-07:00The Benefits of Condo Hotels<div id="article-content">
If you are interested in owning vacation property but you don't
want to deal with some of the hassles that can be associated with
property ownership, then you may want to consider condo hotels. This has
become a popular way for people to take advantage of the amenities
afforded by high-end vacation destinations while not being locked into
any sort of schedule regarding when they can and cannot use them.<br />
These
types of property have been in existence for several years, but they
started becoming quite a bit more popular in the early 21st Century.
They are typically operated by large corporations and provide services
comparable to five-star establishments. When owners of units are not
using them, they can rent them out to other vacationers just as they
could a house or any other type of rental property. Any improvements to
the unit are the responsibility of the individual owner, while the
operator pays expenses such as administrative costs, marketing, and
housekeeping.<br />
Usually, owners as well as guests occupy condo
hotels. They are typically operated just as a traditional hotel, and all
units look similar whether they are owned by individuals or occupied by
guests. The people who own these types of units run the gamut from
families that want to have a second home to retirement-age people who
want a place to spend the winter. Others are investors who may rarely
stay in the unit.<br />
In some instances, the operating company will
limit the owner's use of a unit to no more than 60 days out a year so
that it can generate revenue from visitors. Usually, there is an even
split in revenue between the operator and the owner, but different
properties vary in the way their arrangements are set up.<br />
Advantages
of owning this sort of property include the fact that there are none of
the typical landlord issues associated with other rental properties.
For example, owners don't have to worry about being called at 3 in the
morning because a tenant's air conditioner or heater has gone out. While
there can be substantial expenses involved in ownership, many of them
can be offset by the revenue brought in when guests stay in a unit.<br />
People
who are interested in condo hotels should make sure they do their due
diligence to make sure this type of purchase is right for them, just as
they would any other type of real estate investment. It is highly
recommended the prospective owners talk to brokers who are familiar with
these kinds of properties and completely understand the market. A
broker will listen to a prospective owner's needs and wants and be able
to recommend properties that best match those requirements.<br />
</div>
Anonymoushttp://www.blogger.com/profile/06593031062778258903noreply@blogger.com0tag:blogger.com,1999:blog-4737680916893777506.post-7149194336496238432013-07-26T16:12:00.002-07:002013-07-26T16:12:32.101-07:00The Importance of Travel and Tourism<div id="article-content">
In countries around the world, the importance of travel and
tourism for national economies is evident from the contributions the
sector makes. Taken as a whole, this industry employs over 100 million
people directly and a similar number in related jobs, contributing a
whopping 9 percent of global GDP, or $6 trillion. A closer look at the
statistics from institutions such as the World Economic Forum also
reveals that 10 percent of all jobs globally are in this sector, and
there are logical explanations why certain countries have succeeded.<br />
Analysis
reveals that Europe is in the lead in travel and tourism, and all the
top ten countries are from the region. Switzerland leads the pack for a
number of reasons. Firstly, its infrastructure is second to none and
facilities related to the sector are top notch, including staff.
Secondly, the country has a reputation as having the best hotel
management schools in the world. Thirdly, Switzerland's environmental
policies are of a very high standard, heavy emphasis being placed on
sustainability. This forward thinking has been emulated by countries
such as Germany, Austria, Spain, France, Sweden, and the United Kingdom.<br />
Investment
in the travel and tourism sector cannot be overemphasized, and in
Africa, this is clearly evident in a number of countries. The ratio of
investment in the industry to GDP in Seychelles is the second highest in
the world, and in Kenya, high government spending on destination
marketing has seen the industry grow to be the top foreign exchange
earner. This continued investment suggests that the industry continues
to develop and has not reached stagnation. In essence, this is an
immensely important industry and any country that wants to boost its
economy must seriously consider high investment in the sector,
particularly since even in times of recession, job growth is seen to be
on the rise and can be an attractive argument to increase investment.<br />
Many
aspects of a country can set it apart, making travel and tourism a very
viable option; the lifestyle of the people, their traditions and
customs, culinary culture, wildlife, landmarks, and more that can be
said to be truly unique. After all, traveling is all about new
experiences, and as long as mankind thirsts for these new experiences,
this industry will continue to grow, and no doubt countries should take
advantage of the huge and enormous potential within their shores that is
unlimited in every respect.</div>
Anonymoushttp://www.blogger.com/profile/06593031062778258903noreply@blogger.com0