the key word..."Condos", not hotels.
Many of the 4 million visitors to the island are looking for short-term stays, 1 to 3 days. Generally condos require a minimum of a week-long commitment which makes finding a shorter term stay almost impossible.
Canal Place fills this void since visitors can stay for a day, a week, a month or even longer. Orange Beach and even the entire Alabama Gulf Coast is lacking in accommodations for short-term visitors.
And, Canal Place Suites is GoZone approved! So you could save up to 50% of your investment the first year. It will be sold as a Condo but operated as a hotel by Senate Hospitality Group. No need to worry about getting renters for your condo or finding a firm that will rent it for you. |