Mortgage Bankers Association

As one of the world's best vacation destinations, Orlando offers beautiful weather, unparalleled theme parks, great shopping, golf and proximity to beaches top notch.

Hospitality industry, the city has long been known for its many hotels and parties. But now it has also taken a leadership position in the market residential properties under development more than any other city in the country.

Condo hotels offer hasslePROPERTIES

Why Condo Hotels are a new type of vacation property, it is not surprising that they are very popular in Orlando, on holiday in the capital of the world.

This large condo-hotel suites in a luxury resort that offers visitors great amenities such as full-service spa, state-of-the-art health club, resort-style pool, club houses extravagant, luxurious restaurants and concierge services 24 hours.

Owners can have their holiday apartment hotel to be used whenthey want and put them in the hotel rental program, the rest of the time. You will receive a share of revenue-generating unit, usually around 50%. Since the management company on-site hotel takes care of finding customers and maintain and manage the property, owned hotel condominium supply problems.

Restaurants and cafes EXPANSION TO INCLUDE Condo Hotel

Greater Orlando has approximately 120,000 hotel rooms. Although it is far more than most of the United Statescity, many hotels and Condo Hotel developers are convinced that there is still room for expansion in this popular tourist and convention destination. They call him the facts to the Orlando market as one reason for their optimism:

· About 50 million tourists visit Orlando each year and that number is growing.

Orlando is the vacation capital of the world. With new attractions are constantly building shows no sign of surrender tocoveted title.

· Adding theme parks, Orlando attracts visitors with its 200 + golf courses, 800 + tennis courts, numerous world-class shopping venues, and a high concentration of lakes ideal for fishing and water sports.

· Occupancy rate of hotels in Orlando are historically 73%, although many properties report the employment rate of over 83%. These rates are one of the highest employment rates in the country.

Orlando average daily rate for rooms is 4%above the national average.

• The Orange County Convention Center in Orlando, is the third largest in the country, making a major trade shows and conferences and keep the rooms filled years-all book. Over one billion convention delegates participating Orange County Convention Center each year. In 2005 and 2006 Orlando was able to absorb many of the conventions and exhibitions scheduled for the Louisiana Superdome.

· Participation in theme parks of Orlando is growing every yearand their scope extends far beyond the borders of the United States. The theme parks spend millions of dollars each year around the world-wide marketing and promotions. Attendance at Disney's Magic Kingdom, the largest amusement park in the region, estimated at more than 15 million per year.

Orlando is strategically positioned in the center of the state, making it easy to visit a town in north Florida, south, east and west.

Orlando International Airport has recorded an annual growth in traffic of about20%, making it one of the 20 busiest airports in the United States and top 30 for the whole world. JD Powers is ranked number 1 in terms of passenger satisfaction.

· Florida is the state most preferred by Americans for a recreational property in accordance ARDA (American Resort Development Association).

· Foreign buyers favor Orlando, Florida and other cities in the United States. They represent 23% of home sales in Orlando, according to the National Association ofRealtors. International buyers are more willing to buy homes more expensive, and these purchases tend to be used as a vacation home (38%) or as an investment property.

BAIE Condo Hotel under construction in AL

There are 15-20 Condo hotels units currently for sale or under construction in Orlando. Many others are in the planning stage, including some that will be large, mixed-use projects include spas, golf courses, town centers, shops and restaurants. Fewof the largest projects is more than 1000 units and includes water parks, cinemas and entertainment as the site of attractions.

Some of the hotels will Condo Building new, while others will be conversions of existing hotels and resorts are. Will be largely from three to five-star caliber and close to Orlando theme parks, attractions and golf courses.

Condo hotels have some of the well-known franchise operators like Sonesta, Hilton, while the wood andother companies in the hospitality industry will be independent of exports.

Orlando Condo Hotels offer value

Orlando Condo Hotel units has a tendency to be larger than those found in cities like Miami Beach and Fort Lauderdale. Designed to accommodate large families and extended families who come to the area theme parks, two, three and even four-bedroom properties in Orlando are not uncommon. In the city of South Florida, is primarily a study and bedroom furniture available.

Orlando Condo Hotel Unitsalso tend to cost considerably less per square foot of hotels in South Florida Condo. In Orlando, you can expect to pay $ 400 – $ 700 per square foot. You can find a luxury unit with resort facilities start at $ 350,000.

In southern Florida, from hotels to judge more than $ 500,000 and up, far more than they are Oceanfront. Miami condo hotel units range from $ 1,000 to $ 2400 per square foot, and Ft Lauderdale Condo Hotel range from $ 1,000 to $ 1300 per square foot.

AlthoughProperty valuation is at an impressive rate of 20% to 30% per year throughout Orlando, many buyers still see the city at a good value compared to other places in Florida, and taking into account the fact that all Orlando has to offer.