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Hotels By Pierre Cardin
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The Rose Tower in United Arab Emirates is the tallest building used exclusively as a hotel. Originally, the tower was to be 380 m (1,250 ft) high, but design modification reduced it to 333 m (1,093 ft).
Hotel rooms as an investment
Some hotels sell individual rooms to investors. Timeshare is an example of this kind of investment. The buyer is allowed to stay in the room without charge or at a reduced rate for a given number of days each year. The investor is paid a share of the takings for the room. Rooms can be sold on a leasehold basis, sometimes on a 999 year lease. Room owners are free to sell at any time.
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