This is a residential building that is used as both a condominium and a hotel. Condo Hotels offer a portion of their hotel room inventory for sale to individual buyers.  Often times the Hotel operator will manage the investment for you which includes the reservation system.  Each investor owns the condo deed to a specific hotel room or suite and is responsible to pay property taxes, insurance, maintenance fees and other costs as they would on a traditional single family condo.  This option offers the amenities of the Hotel to owners and renters. (Equity)