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Disadvantages of vacation ownership

Disadvantages to Owners* Advance reservations are required to guarantee availability in case owner’s unit is rented.- Owner has to reserve his/her own room far in advance (i.e. 60 to 90 days at The Plaza Hotel in New York, depending on the season).* Owners should pay typical monthly maintenance fees.* Nondeductible taxes on the maintenance fees- Even though owners are allowed to deduct the mortgage interest on the principal residence and one vacation home, maintenance fees on a personal use property is nondeductible. Only the property taxes on the timeshare, and the mortgage interest paid on the loan (depending on the type of ownership deed) is deductible. If the property was held as a rental property, the maintenance fees would be deductible as an expense against the rental income.* The restrictions on the amount of time owners can use their room- It varies from city, state and country.* No choice for interior design- The hotel management furnishes all rooms the same.* Limited kitchen space- As with most hotel rooms, the owner get not a kitchen but a kitchenette with a mini-fridge and a microwave.* If the hotel has a high vacancy rate, owners will still have to help pay the salaries of a lot of idle porters and maids.* The Securities and Exchange Commission bars developers from marketing condo-hotels to buyers as investments.- As a result, the developer can't give out projected occupancy or room rates to potential buyers. It can be difficult for buyers to estimate rental income from the property.* Numbers of condo hotels are increasing, but not many of them are convenient to business travel destinations.* The unit may loss value over time.* Financing is usually slightly costlier than for a primary residence.- Lenders view condo hotels as a greater risk.* Income from guests staying owner’s unit may be cut when travel declines.* Owners may wish to buy insurance to protect against liability claims and some types of damage or loss.* Annual cash flow could be equal to or less than annual ownership costs.* Pets are usually not welcome.* The condo hotel unit is subject to the same dips in the market that affect all hotels in the competitive market set: hurricanes, terrorist threats, warm winters up north, price of gas, etc., all of which can affect a unit's occupancy rate and the amount of revenue it generates.Works CitedGreen, Joel. “Thinking of Buying a Condo Hotel?” EzineArticles.com. 2007. 06 November 2007. .Knox, Noelle. “Condo-hotels Create Risks, Opportunities for Buyers.” USA Today. 21 September 2006. .Lancaster Philippine Condo Hotel. PLC International Marketing Networks. 2007. 05 November 2007. .Woodyard, Chris. “Business Travelers Invest in Their Own Hotel Rooms.” USA Today. 21 September 2004. .Ko PAGE 1

경영/경제| 2008.07.26| 3페이지| 1,000원| 조회(286)

vacation, ownership, disadvantages, owner

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[인문]A Rose For Emily

ENG1001Wendy Wagner04/26/06A Rose for EmilyThe story takes place in a town called Jefferson. It begins by telling us that the main character “Miss Emily Grierson” has died, and everyone in the town attends her funeral. The story then goes back to tell Miss Emily’s life story, in which she does many things that most people would consider to be crazy. Then, the narrator leads us gradually to the surprise ending by giving scrappy information about Emily and her life. Finally, townspeople found a corpse lying in the bed in a rotting nightshirt. I was very shocked by this! I was especially astonished when they noticed the indentation of a head and a long gray hair. I immediately though she was a person because I presumed she had been sleeping with the body. Emily poisoned Homer because she didn’t want to be to be lonely when she though he was going to abandon her. By going back chronologically, readers can understand who Emily is basically and why Emily comes to poison her lover. Emily told people her father wasn’t dead because she could not deal with the fact he was gone. The same idea goes for her murdering Homer because she didn’t want him to leave her, and in the end she doesn’t let him go.

인문/어학| 2006.10.11| 1페이지| 1,500원| 조회(421)

감상문, 영어소설, 영작, emily, 영문소설

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[사회문화, 영어영작]South Korea (영어로 한국소개) 평가A좋아요

BUS 21009/24/04South Korea1. Location(1) South KoreaThe Korean peninsula extends southward from the eastern end of the Asian continent. The peninsula is roughly 1,030 km (612 miles) long and 175 km (105 miles) wide at its narrowest point. Mountains cover 70% of Korea's land mass, making it one of the most mountainous regions in the world. The lifting and folding of Korea’s granite and limestone base has created breathtaking landscapes of scenic hills and valleys. The mountain range that stretches the length of the east coast plunges steeply into the East Sea, while along the southern and western coasts, the mountains descend gradually to the coastal plains that produce the bulk of Korea’s agricultural crops, especially rice.(2) Capital- SeoulThe capital of South Korea is Seoul. The original name of Seoul is hangsung-bu, but it was named Seoul in 1394 by the founder of the Yi Dynasty, Yi Taejo. For five hundred years, Seoul prospered as the capital of the Yi Dynasty, and now it is the chich have been developed in Korea. It is an art of self-defense using bare hands, feet, knees, and other parts of the body as weapons to repel an enemy. It is similar to the Japanese Karate. Taekwondo has three aspects of training: form, compete, and break. There are 1,100 training centers throughout the country with 300,000 people who have held grades or degrees in the art.(2) Food- KimchiKimchi is the general term given to a group of fermented vegetable foods in Korea. Kimchi has been traditionally served as a "must" at almost every meal along with cooked rice and other dishes. Kimchi is an excellent example of how vegetables like Chinese cabbages and radishes can be stored for a long time in an ordinary household, especially during the winter season when fresh vegetables are scarce. It is suspected that the origin of Kimchi may be the Chinese pickles. The pickles were brought into Korea and were modified to form several types of Kimchi of common raw materials to suit the taste of Kot only for the couple but also for their families ― even though the divorce rate is growing rapidly these days. In the past, marriage used to be arranged by the parents through a go-between or matchmaker, usually an old woman who knew the family backgrounds and persons involved. In these days young people meet their partners in a free way. Koreans solemnize their wedding in church or a public hall in a western manner. Today's typical wedding ceremony is somewhat different from what it was in old times: first a Western-style ceremony is usually held at a wedding hall or a church with the bride wearing a white dress and the groom wearing a tuxedo, then later in the day the bride and groom have a traditional ceremony at a different room in the venue, in colorful traditional costumes. In the countryside the old fashioned wedding ceremony is generally practiced.(2) Family LifeIn traditional Korea, the typical family was large with three or four generations usually living together. Because ias made life more hectic and complicated. Young married couples have begun to separate from their extended families and start their own homes. Now almost all families are couple-centered nuclear families.4. Rituals(1) Jerye- Ancestral Memorial RiteAccording to a traditional Korean belief, when people die, their spirits do not immediately depart; they stay with descendants for four generations. During this period the deceased are still regarded as family members and Koreans reaffirm the relationship between ancestors and descendants through Jerye on the special days like Seollal (Lunar New Year's Day) and Chuseok (Korean Thanksgiving Day), as well as on the anniversary the ancestors passed away. Koreans also believe that people can live well and happily thanks to benefits their ancestors bestow upon them.(2) Drinking MannerWhen people offer a glass of liquor to an older senior, they must hold a bottle with two hands; to others, with one hand. One of the reasons for doing like this is toks poured by bartenders. They should turn their neck and hide around the glass with the left hand not to show the drinking directly. It is also to show our respect to the senior. When we drink it with friends, juniors or quite young seniors, we don't have to do like that. Some people prefer beer and others prefer So-ju or Makgoli which are some of Korean liquor.5. Language(1) Korean- HangeulHangeul was invented in 1443, during the reign of King Sejong. It is composed of 10 vowels and 14 consonants. Hangeul has 11 compound vowels, 5 glottal sounds. The chart below represents the 24 Hangeul letters and their Romanized equivalents. ‘The Hunminjeongeum,' a historical document which provides instructions to educate people on the use of Hangeul, is registered with UNESCO. UNESCO awards a 'King Sejong Literacy Prize,' every year in memory of the inventor of Hangeul.(2) Non Verbal CommunicationWhen you beckon to a person, do so with your palm down, and then flutter your hand up and down with y).

사회과학| 2004.12.14| 6페이지| 1,500원| 조회(2,459)

영작, korean, Korea, seoul, 한국소개

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[영문에세이]Hotel Manager 평가B괜찮아요

Attractions of hotels and lodging places, such as a splendid room, good food, and a helpful staff, can make being away from home an enjoyable experience for both vacationing families and business travelers. In full-service hotels, hotel managers help their guests have a pleasant stay by providing many of the comforts of home. Hotel managers are responsible for keeping their establishments efficient and profitable. In hotels of every size, managerial duties vary significantly by job title. Because hotels are open around the clock, night and weekend work is common.

인문/어학| 2003.12.09| 2페이지| 1,500원| 조회(658)

영작, 호텔, HOTEL, Manager, 매니저

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[영작] A Frightening Dream

ESL 04410/02/03My Frightening DreamAfter watching the movie 'Titanic', I dreamed that I was in the Titanic which had been in a state of confusion. "It's unsinkable!" That was the proud boast made by the builders of the Titanic, the magnificent ocean liner that on April 14, 1912, went down during its maiden voyage. Most of the 2,100 passengers were sent to their deaths. A violent storm threatened to plunge the vessel and all its passengers to the bottom of the sea. At that time, on the evening of the disaster someone had led a young person to faith in the Savior. Soon Afterward, he said, "It is going to be beautiful in the morning." Then, I woke up and thought about my dream. I thought that for him and any other Christian who died that night, the next morning was beautiful. Theirs was sunrise on their first day in heaven. No matter how safe and serene our life may be, it can end in shipwreck at any moment; therefore, we have to be certain of our own relationship to Jesus.

인문/어학| 2003.10.28| 1페이지| 1,000원| 조회(467)

영작, 영문, dream, 꿈

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