FlyerTalk Forums - View Single Post - The Plaza, A Fairmont Managed Hotel

Apr 1, 2010 | 3:53 pm

#65

AndyTLe

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Join Date: Oct 2005

Location: Ponte Vedra Beach, FL

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Quote:

Originally Posted by tcook052

I don't believe these luxury condos are being rented out as hotel rooms regardless of what this call centre agent supposedly said. Why on earth would anyone who pays millions, up to $50 million according to this article, for one of these luxury condos need to have them rented out to the public?

To make it more confusing... There is the hotel, condotel and residences. Hotel: exactly that.
Condotel: Residences that you let the hotel rent out when you're not in residence.
Residence: Private, not rented out.

Quote:

The Plaza can seamlessly handle renting out your home away from home while you are away, preserving your special relationship and sense of ownership. It is the ultimate Pied-a-terre, at New York City's most coveted address.

http://www.theplazaresidences.com/index.php

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