January 4, 2006 — Hotels and resorts with indoor waterparks now total 104 in 2005 with 52 under construction and another 121 in development. Three major ski resorts have opened or will soon open indoor waterparks to create weather-proof vacations and capture year-round revenues. In 2004, resorts achieved higher occupancies and revenues than any other type of lodging investment. Eleven percent of all new hotel and resort projects in the pipeline have a condominium component. Resorts are hot! Thinking about investing in hotel waterpark resorts? Here are the risk factors you need to consider: Seasonality Ordinary hotels, especially resorts, have…
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