If it doesn't work as a hotel, it won't work as a condo hotel

Some experts warn that condo hotels shouldn't be viewed as simply an investment. It is certainly not the best way to invest in real estate. You should buy it to use it; if the investment works out, even better. When shopping for a condo-hotel property, the first thing to realize is that you're actually shopping for a hotel: A condo-hotel room has the best shot at being a successful investment if it's a prime property located somewhere with heavy demand for hotel rooms. If it doesn't work as a hotel, it won't work as a condo hotel.