RESORT HOTELS

INDUSTRY DESCRIPTION

Resort Hotel is a luxury facility that is intended primarily for vacationers and is usually located near special attractions, such as beaches and seashores, scenic or historic areas, ski parks, or spas. Though some resorts operate on a seasonal basis, the majority now try to operate all year-round.

Resort Hotel as destination may be characterized by distinctive architecture, upscale lodgings, ballrooms, large conference facilities, restaurants, and recreation activities such as golf or skiing. The Hotel may be located in a variety of settings from major cities to remote locations.

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PROPERTY INVESTMENT