Third Party Management Companies Come to the Aid of the Condo-Hotel

Perched on the crest of the real estate boom, the condo-hotel rose to prominence as a new and unique real estate model for Americans who found themselves with a surplus of time and money. A real estate bubble burst and economic crash later, the same Americans now find themselves struggling to keep their lofty investments afloat while the entire condo-hotel industry finds itself gasping for air.

The condo-hotel marketplace has especially been hurt by buyers’ inability to close because of the lack of financing and because the concept is struggling across the nation. Condo-hotel owners share revenue generated by hotel room rentals with the operator, but drops in visitor volume and room rates have cut into that. Many buyers who purchased the hotel rooms from developers hoping to get paid every time the room was rented, now find themselves at the back of the line regarding room occupancy, rate and marketability.

As dour as the situation appears, there is hope. And there is an entire new business model evolving out of the ruin. Third party Management Companies, institutions designed around an owner centric model that maximizes the earning potential of the given investment property and works solely for the best interests of the owner, are coming to the aid of the condo hotel marketplace.

Jet Luxury Resorts, one of the few hospitality companies growing within this turbulent market and economic downturn, is fast transforming the condo hotel marketplace through a unique business model and evolution of thought. The premiere national condo hotel management company provides the reservation solution to not only owners but to resorts as well by boosting occupancy rates. Jet Luxury Resorts is able to offer exclusive, luxurious yet affordable inventory to the rental community through honest, lucrative and dedicated service to condo hotel and fractional owners.

In the past, condo-hotel owners have faced rental programs bogged down by hidden fees and property managers and developers that presented conflicts of interest. Third party management companies offer a better solution with a freedom that allows the company to remain competitive within the market and satisfy the owner’s ability to increase their occupancy and rental revenue.

For instance, in Las Vegas, where the condo hotel model took off, Jet Luxury Resorts represented over 25 owners at a condo-hotel. Owners who bought in years ago were promised a strong revenue stream, but when the hospitality industry went belly up, the hotel had to first focus on room occupancy for their regular hotel rooms, thus leaving the condo-hotel owners frustrated and out in the cold. Many were struggling to even pay their carrying costs. Enter Jet Luxury Resorts, whose sole priority was not only to raise the rental revenue for these owners, independent of the hotel, but also to maintain a vigorous maintenance and upkeep program on these owner’s investments.

"Jet Luxury Resorts has made a tremendous effort to react to the current hospitality environment,” says Richard Brosal, President of Jet Luxury Resorts.  “We have adapted our business model to stay consistent with our core value; maximize revenue potential for owners that are part of the Jet Luxury Resorts Family while providing a truly affordable luxury rental option to the rental community.  This win-win solution we believe will make Jet Luxury Resorts a noticeable force in the vacation rental and condo hotel marketplace for years to come.”

A direct reflection of these third party management companies’ success is illustrated by Jet Luxury Resorts’ recent addition of five new properties to the company’s inventory. The Trump Waikiki in Hawaii, The JK Place in Italy, The St. Regis Aspen, The St. Regis New York and The Buena Vista Luxury Villas in Costa Rica are the latest in a growing list of resorts being added to the company’s repertoire.

Over the past eighteen months, third party management companies, such as Jet Luxury Resorts, have energized the condo-hotel industry. These companies are bringing owners and renters together to work in the owner’s best interests by providing greater income to offset their investment while simultaneously bringing high quality, yet affordable product to the marketplace, and in the process, handing the entire Condo Hotel Industry a much needed lifeline.

Jet Luxury Resorts European Vacation

Jet Luxury Resorts, the premiere provider of 4 and 5 star properties at affordable rates, is proud to announce the company’s expansion of their operations to Europe. The upstart Resort Management Company continues to grow despite the economic downturn, adding to its already esteemed roster the stellar JK Place Hotels located in Florence and Capri, Italy.

Jet Luxury Resorts continues to provide the finest in affordable luxury to their clientele and with the addition of these prestigious, ultra high-end boutique hotels, Jet Luxury Resorts expands their operations overseas.

The JK Place Hotel, Florence, is located in an exquisitely restored palace on the square of Santa Maria, Novella. One of Florence’s newest hotels, the JK Place has only twenty rooms and feels like a private home. The 18th century building, which most recently housed apartments, was radically redesigned by architect Michele Bonan. The hotel’s three junior suites overlook the façade of Santa Maria Novella while the rooftop deck affords breathtaking city views. The hotel is a hip, chic mix of modern and traditional décor set within a historic and storied location.

The JK Place Hotel, Capri is a five star destination, the only one of its kind able to boast a true sea edge location in Capri. The hotel, whose stylish interiors were also designed by architect Michele Bonan, has a total of 22 spacious bedrooms and suites that house canopied beds, marble fireplaces, black and white art prints and super sleek flat screen televisions. All rooms overlook the sea or the gardens of the hotel. Junior suites also have a small sea view balcony while the luxurious penthouse accommodation includes a huge panoramic terrace.

Jet Luxury Resorts’ mission is to provide the traveling community all forms of luxury and to do so at the most affordable prices possible. The addition of the JK Place Properties is no exception. “Jet Luxury Resorts is honored to be working with JK Place,” states Steve Aylsworth, COO of Jet Luxury Resorts. “Our expansion to Europe is an example of Jet Luxury Resorts’ mission to provide the best in luxury to our customers and we feel that JK Place brings the best in luxury in Italy.”

This latest expansion of Jet Luxury Resorts accompanies an already well-established roster of 4 and 5 star resort accommodations such as the Trump Waikiki Resort in Hawaii, the Limelight Lodge Aspen and The Buena Vista Luxury Villas in Costa Rica. The notable addition of the JK Place Hotel brings not only more options of luxurious accommodations to the guest overseas, but does so while continuing to provide the same exclusive level of accommodation, affordable luxury and customer service. It also speaks to Jet Luxury Resorts’ ability to evolve within the hospitality market at an unprecedented level.

Rates and Availability can be found at www.jetluxuryresorts.com
Or by Calling (877) 538-7389

Jet Luxury Spreads its Wings in Hawaii

Jet Luxury Resorts, a premiere provider of 4 and 5 star properties, is proud to announce the newest addition to the Jet Luxury Resorts family, the prestigious Trump International Hotel Waikiki Beach Walk in Oahu, Hawaii. Jet Luxury Resorts continues to provide the finest in affordable luxury to their clientele and with the addition of this ultra high-end condo-hotel, Jet Luxury Resorts expands their operations on the island of Oahu in Hawaii.



The Trump Property, located just steps away from Waikiki’s famous white sand beaches, soars thirty-eight stories high, features 462 luxury guest rooms and suites, an infinity pool on the 6th floor deck, The Spa at Trump, a state of the art fitness center and residential-like accommodations that include floor to ceiling windows, gourmet style kitchens and luxurious marble baths.

Guest accommodations provide a keen sense of place – drawn from a rich palette of Hawaiian influences, from early history to the 20th Century. Accommodations encompass close to one dozen room and suite categories providing options for couples, families and multi-generational travelers to choose from based on whether they are staying for a few days or several weeks. Spacious studios are ideal for individuals and couples, while one-, two- and three-bedroom suites, available with or without dens, can connect to adjoining units for larger parties. Penthouse accommodations offer the piéce de resistance of elegance. All units are exquisitely designed for comfort, functionality and visual appeal, and many feature full kitchens complete with Bosch, Sub-Zero and Wolf appliances.

Jet Luxury Resorts’ mission is to provide the traveling community all forms of luxury and to do so at the most affordable prices possible.  “This property will increase the Jet Luxury Resorts footprint in the Hawaiian market,” says Richard Brosal, President of Jet Luxury Resorts. “Our goal is to provide the highest luxury accommodations possible at the best price possible for our rental community and we feel we have achieved this with the Trump Waikiki property.”

The addition of the new Trump Waikiki property accompanies a well-established roster of 4 and 5 star resort accommodations such as the St. Regis NY, the Limelight Lodge Aspen and The Buena Vista Luxury Villas in Costa Rica. The notable addition of the Trump Waikiki brings not only more options of luxurious accommodations to the guest in Hawaii, but also peace of mind to Trump owners looking to solidify rental revenue.  

Rates and Availability Can Be Found at www.jetluxuryresorts.com
Or by Calling (877) 538-7389

JLR Launches prestigious Estates Division

Jet Luxury Resorts, a premiere provider of 4 and 5 star properties, is proud to announce the launch of their new JLR Estates Division. Jet Luxury Resorts continues to provide the finest in affordable luxury to their clientele.  With this added Estates Division, Jet Luxury Resorts will be able to provide all options to their guest, from High-end Luxury Hotel accommodation worldwide to estates where an entire family can stay together. 

Jet Luxury Resorts’ mission is to provide the traveling community all forms of luxury and to do so at the most affordable prices possible.  “We are very excited about our growth into this market,” states Steve Aylsworth, COO of Jet Luxury Resorts. “Our purpose is to provide the best in affordable luxury to our guests and the implementation of the estate division will add to the variety of accommodations we can provide our guest - matching our properties with their specific needs.”

Accompanying the launch of their new division, Jet Luxury Resorts recently produced an engaging viral commercial and a high-resolution 4k digital virtual tour of their inaugural property in Malibu, California.

The property, located within the prestigious Pt. Dume Rivera section of Malibu, sits on over an acre of oceanfront land and has been featured in numerous media outlets (including the hit ABC show “The Bachelor” and "Fantasy
Open House” on Home and Garden Television.) It has been described as one of the most desirable ocean front estates in the world. The home, designed by renowned architect Carl Volante, features a tennis court, two guest homes, a wine cellar, a pool and spa with waterfalls overlooking the ocean and a private staircase to the sand.

The addition of the new JLR Estates division accompanies a well-established roster of 4 and 5 star resort accommodations such as the St. Regis NY, the Limelight Lodge Aspen and The Buena Vista Luxury Villas in Costa Rica. The notable addition of the new JLR Estates Division brings not only more options of luxurious accommodations to the guest, but also peace of mind to estate owners looking to solidify rental revenue.  

Jet Luxury Resorts wins prestigious 2009 WebAward

Jet Luxury Resorts, the premiere national condo hotel and resort management company, has just had their website, www.jetluxuryresorts.com, receive the 2009 WebAward for outstanding achievement in Web Development. Jet Luxury Resort’s website was designed in partnership with TravelCLICK, the leader in ecommerce solutions for the global hotel industry. Since its inception, Jet Luxury Resort’s web traffic has seen a steady, steep increase in web traffic.

“On behalf of our entire team at Jet Luxury Resorts we want to thank Travelclick along with everyone who helped to create our website,” states Richard Brosal, President of Jet Luxury Resorts. “When we launched our new site at the beginning of this year, we had hoped to set the bar very high regarding the look, feel, interactivity and user friendly capability of our website. This award means a lot to us and we are very happy to be one of the five winners out of all the applicants that entered worldwide.”

The Web Marketing Association, which produces the WebAwards, was founded in 1997 to help set a high standard for Internet marketing and development of the best websites on the World Wide Web. Staffed by volunteers, this organization is made up of Internet marketing, online advertising, PR, and top web site design professionals who share an interest in improving the quality of online advertising, internet marketing, and website promotion. Now in its 13th year, the WebAwards is the premier annual website award competition that names the best Web sites in 96 industries while setting the standard of excellence for all website development. Nominations for best web site came from interactive agencies and web site marketing departments in more than 47 countries from around the world. The international WebAward Competition is the premier web site award program available today.

Jet Luxury Resorts was one of only five winners chosen out of thousands of applicants.

Jet Luxury Resorts’ Miami Expansion

High-end Resort Management Company increases its operations to include the most luxurious and coveted properties in Miami, Florida.

Jet Luxury Resorts, the premiere Resort Management Company that is fast transforming the condo hotel marketplace through a unique business model and evolution of thought, is currently expanding their operations and properties to include Miami, Florida. Jet Luxury Resorts is able to offer exclusive, luxurious yet affordable inventory to the rental community through honest, lucrative and dedicated service to condo hotel and fractional owners. The city of Miami, offering several 5 star condo-hotel and fractional resorts, is a natural fit for the burgeoning company.

Jet Luxury Resorts will soon be representing accommodations in multiple 5 Star properties in the Miami area. By providing a VIP stay within an already VIP property, Jet Luxury Resorts will continue to offer its innovative level of ultra luxurious, personalized service as well as providing the same high end, 4k digital resolution virtual tours for these new property additions.

Expanding on the Jet Luxury Resorts proven business model, Jet Luxury Resorts will also offer management services to owners of condo hotel inventory in the Setai, One Bal Harbour, Canyon Ranch, Fontainebleau and The W Hotel properties. Over the past eighteen months, Jet Luxury Resorts has energized the condo-hotel industry by bringing owners and renters together to work in the owner’s best interests by providing greater income to the owners to offset their investment while simultaneously bringing high quality, yet affordable product to the marketplace. With its depth of high-end, exclusive inventory, Miami is the next logical step in the expansion of the growing company.

Richard Brosal, President of Jet Luxury Resorts states, “We were very impressed by the level of quality that exists in South Florida. Not only are there several 5 star properties that will fit our brand, but this is also a highly transient market, much like Las Vegas, where we have already proven our ability to succeed with strong rental revenue to owners and great accommodations to renters.”

Locally, Jairo Fuentes, a talented Miami real estate professional will represent Jet Luxury Resorts. “We are very excited about the potential partnership with this great local contact,” says Mr. Brosal. “Mr. Fuentes and his wife will be fantastic contacts for us as they will be able to provide owner registration and unparalleled customer service for us there on the ground.”

Miami is the latest in a growing number of new markets that is a direct reflection of Jet Luxury’s meteoric growth and success. Other properties recently added to the Jet Luxury Resorts collection include The St. Regis Aspen, The St. Regis New York, The Buena Vista Luxury Villas in Costa Rica and The Aspen Square Hotel and the Limelight Lodge in Aspen, Colorado.

Jet Luxury Resorts- A Travel Agent’s Secret Weapon

Forward thinking Travel Agents receive big company perks with small company feel from innovative new high-end luxury resort Management Company.

Jet Luxury Resorts, the premiere national condo hotel and resort management company, has fast become an invaluable and irreplaceable resource for ambitious, talented and experienced travel agents who find themselves on the cutting edge of the ever-evolving hospitality industry.

Since Jet Luxury Resorts is able to provide 4 and 5 star properties that travel agents are accustomed to at a better price point than that of comparable luxury hotels, Jet Luxury Resorts is able to offer the best of both worlds--high quality and luxurious accommodations at affordable prices. With rapid worldwide expansion, Jet Luxury Resorts has created international access to multiple properties while maintaining an intimate level of personalized service to travel agents providing the boutique experience to customers. Customers and travel agents alike benefit from this top of the line inventory offered at affordable prices with personalized service. In addition, the Jet Luxury Resorts properties are larger, most of the rooms offered have kitchens, multiple baths and extra amenities that are not found in a standard luxury hotel room.

Jill Lisman of ProTravel, a travel agent who works regularly with Jet Luxury Resorts, adds, “The benefits of booking my clients through Jet Luxury Resorts brings me back again and again. The company has a full reservation staff dedicated to assisting not only me, but my clients as well. They are able to offer beyond the individual hotel’s perks, by assisting with services and benefits anywhere in the city being booked.”

Jet Luxury Resorts provides a ‘high touch’ service to travel agents, allowing them to book high end property for their clients at not only affordable price points, but with personalized service as well. Jet Luxury Resorts pays industry standard travel agent commissions and many times pays above the industry average for its higher end properties.