Condo.com and CondoHotels.com, the online directory of condo hotels, have joined forces to create the largest condo hotel marketplace where site visitors can buy, sell, rent and book condo hotel units around the world.

Published: 01 Aug 2007

Condo.com and CondoHotels.com, the online directory of condo hotels, have joined forces to create the largest condo hotel marketplace where site visitors can buy, sell, rent and book condo hotel units around the world.

Condo.com will use its proprietary technology platform to power the domain CondoHotels.com.

The companies shared that Condo hotels are a relatively new phenomenon in property ownership, making the timing of this partnership indicative of a growing trend. A condo hotel is the latest trend in vacation home ownership, offering a hassle-free way to own vacation real estate in top vacation destinations.

Steven Roszell, Founder and Partner, CondoHotels.com, agrees the partnership comes at a stage when “condo hotels are becoming increasingly popular among the baby boomer generation who are retiring and inheriting wealth at a staggering rate.”

He added: “Boomers are discovering that a condo hotel purchase does not just buy them a home -- rather it buys them a lifestyle, complete with luxury and convenience. With this joint venture, we are now able to provide our site visitors with a more robust online experience related to their decision to buy, sell, rent or book condo hotel properties.”

An official release stated: “CondoHotels.com brings all participants in the condo hotel marketplace together, offering services and information in an open and transparent network. Consumers can research properties of interest, book hotel rooms and locate broker specialists qualified to sell these types of properties. For Developers, the site provides the lowest cost, highest impact distribution channel to sell their project’s inventory. Real Estate Brokers can offer a targeted marketing solution to this unique niche of buyers and sellers. The site has features unmatched by any other website in the space, offering a satisfying, rich user experience and CondoHotels.com is the only site to allow visitors/clients to buy, sell, rent and book a condo hotel.”

In another development, Condo.com recently signed a partnership agreement with Terra Networks, a US Hispanic portal and largest web access provider in Spain and Latin America, to launch the first of its kind, bilingual online condo marketplace.

The co-branded website, located at bienesraices.terra.com, now delivers the only Spanish language condo marketplace devoted to serving the Hispanic and Latin American real estate communities.