Investors purchase a share of a property, typically a condominium, and have the right to use it for a specific period each year.
A local entrepreneur owns and operates a beachfront guesthouse in Nha Trang, Vietnam
The Vinpearl Luxury Resort in Phu Quoc is managed by Vinpearl, a leading Vietnamese hospitality company. The property is owned by a separate entity.
In Miami, condominium-hotel properties are owned by different individuals but they can earn rental income when they're not using the property.
Accor operates the Sofitel Legend Metropole Hanoi. Several independent hotels are operated by Best Western, Novotel, or InterContinental
5.Full Ownership Strata Units
4.Fractional Ownership
1.Independent Ownership
2.Management Contracts
3.Chain and Franchise Agreements