Key Management Group is arguably the market-leading expert in the management and profitability of condo-hotels worldwide.
Key Management Group understands the complicated laws and formulas related to a Condo Hotel operation. The experience acquired by Key Management Group in accounting for the complicated formulas of revenue distribution between the operator, rental pool, and developer is second to none.
Key Management Group’s marketing force can fill rental pool inventories to record levels, while matching or exceeding the hotel operation service requirements of any of the major Hotel Franchise Companies.
The various local laws related to tax benefits and investment incentive opportunities for developers have attracted more and more developers to venture into this growing sector of the industry.
- Investment recovery prior to the hotel opening
- Minimized up front costs
THE CONDO OWNER
- Revenues from rental pool typically pays mortgage
- Owner may use their units
THE HOTEL OPERATOR
- Operator incentivized to optimize profitability
- Operator assumes risk with operation
THE FRANCHISE COMPANY
- Condo-hotels offers “all-suite” brands to portfolios
- Enables franchises to enter hard to reach markets
THE HOTEL GUEST
- The condo-hotel operation is seamless and invisible
- Guests enjoy “condo-living” THE HOTEL GUEST amenities & services