A “condotel” is a combination (or portmanteau) of the words “condo” and “hotel.” Rooms in hotels are sold to buyers, who often rent them out (like a timeshare). It is not known where or when the term “condotel” originated, but it is recorded outside of New York City from the 1960s.
The Honolulu Advertiser
Posted on: Sunday, February 13, 2005
Condotel market takes off
• Can investing in a condotel pay off?
By Andrew Gomes
Advertiser Staff Writer
Purchases of so-called “condotel” units — rooms in hotels that are sold individually to buyers who typically continue renting them to vacationers — have dramatically multiplied in the last few years with close to 2,000 sold. The Ala Moana Hotel became the most recent convert last week, announcing it would add its 1,150 rooms to the condotel market.
Rumblings Update: 98 Delancey, Ready for Action
Wednesday, March 21, 2007, by Joshua
Behold, the ground has been broken on the corner of Ludlow and Delancey, where a new condotel for a new LES will soon rise.
8 October 1967, Austin (TX) American-Statesman, pg. C11:
On Lake Travis
Lake Cliff Condotel will be built by J. C. Barr and Associates of Fort Worth.
The condotel is a new concept combining the best features of condominium ownership with the convenience of modern hotel construction.
Apartment owners can forget about maintenance and yard work. When they leve, the apartments will be looked after. Owners may rent their apartments when they are not using them.
24 February 1970, Dallas Morning News, section D, pg. 17 classified ad:
Will syndicate a new motel in a Condotel.
Word Mark CONDOTELS
Goods and Services IC 035. US 101. G & S: CONDOMINIUM LEASING AND MANAGING SERVICES. FIRST USE: 19670701. FIRST USE IN COMMERCE: 19670701
Mark Drawing Code (1) TYPED DRAWING
Design Search Code
Serial Number 72392503
Filing Date May 19, 1971
Current Filing Basis 1A
Original Filing Basis 1A
Change In Registration CHANGE IN REGISTRATION HAS OCCURRED
Registration Number 0943435
Registration Date September 19, 1972
Owner (REGISTRANT) ELLIS, LELAND C. INDIVIDUAL UNITED STATES P.O. BOX 127 DILLON COLORADO
(LAST LISTED OWNER) CONDOTELS INTERNATIONAL, INC. CORPORATION ASSIGNEE OF SOUTH CAROLINA P.O. BOX 3196 2703 HIGHWAY 17 SOUTH NORTH MYRTLE BEACH SOUTH CAROLINA 29582
Assignment Recorded ASSIGNMENT RECORDED
Attorney of Record MARK S. GRAHAM, ESQ.
Type of Mark SERVICE MARK
Affidavit Text SECT 15. SECT 8 (6-YR). SECTION 8(10-YR) 20021019.
Renewal 2ND RENEWAL 20021019
Live/Dead Indicator LIVE