Established in 1976 primarily as a residential condominium management organization, Provident Hotels & Resorts quickly evolved into a pioneer of the Condominium Hotel Industry and by 1980 had established one of the first "condo-hotel" properties on the Gulf Coast of Florida. Since converting this existing hotel into a condominium hotel, Provident became a founder and remains a leader in this very specialized industry. Throughout its many years of experience, Provident has established and refined many of the foundations, concepts, and philosophies of this business that have become industry standards. With this vast hands-on experience to draw upon, Provident Hotels & Resorts is uniquely positioned to be able to provide many services to the resort development community.