The "Why do people buy timeshares" thread got me wondering about something I recent saw in Hollywood, FL (roughly between Fort Lauderdale and Miami).
I spent a week at the Diplomat Hotel, a beautiful, large resort property by Hilton sitting between the beach and the intercoastal waterway.
My room was on the 24th floor. I noticed that there were several larger suites adjacent to my room....and they had doorbells. I first thought this might be where the manager's family lived on site, until I noticed that there were multiple units with doorbells. After a few days, I got the sense that these units might be owned and /or occupied by long-term tenants.
During the week, as I walked past some other nearby high-rise properties, from signage, I got the sense that some people actually lived in their units, possibly year-round.
I'm trying to figure out if these are some sort of time shares? Owner-owned units within a hotel or what?
I know this^ is all sort of based on my gut-feel...but does anyone know of such properties? Can you explain a bit further...what they are, how they work, costs involved, etc.?
omni
I spent a week at the Diplomat Hotel, a beautiful, large resort property by Hilton sitting between the beach and the intercoastal waterway.
My room was on the 24th floor. I noticed that there were several larger suites adjacent to my room....and they had doorbells. I first thought this might be where the manager's family lived on site, until I noticed that there were multiple units with doorbells. After a few days, I got the sense that these units might be owned and /or occupied by long-term tenants.
During the week, as I walked past some other nearby high-rise properties, from signage, I got the sense that some people actually lived in their units, possibly year-round.
I'm trying to figure out if these are some sort of time shares? Owner-owned units within a hotel or what?
I know this^ is all sort of based on my gut-feel...but does anyone know of such properties? Can you explain a bit further...what they are, how they work, costs involved, etc.?
omni