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Hotels by Pierre Cardin
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Hotels By Pierre Cardin

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.
Living in hotels
A number of public figures have notably chosen to take up semi-permanent or permanent residence in hotels.

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Date added:Sep 22, 2009
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