Land Use & Zoning
Arizona's 'condominium hotel' (condo-tel) development model involves:
AOnly traditional hotel use with no individual ownership
BIndividual unit owners who own their units but participate in a rental pool operated by the hotel management✓ Correct
COwnership of entire hotels by REITs only
DShort-term rentals permitted only in resort zones
Explanation
Condo-tels allow individual buyers to own specific hotel units and participate in a hotel rental program when not using the unit personally. The hotel operator manages rentals and distributes net income to unit owners.
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