When you’re selling a hotel, it’s important to choose the right hotel broker. Choose poorly and the sale could take far longer than you’d like and earn you less profit. But, choose NewGen Advisory, and not only will you sell your hotel fast, but we will get you the best possible return on your investment. Here, we share the top three reasons to choose NewGen Advisory to sell your hotel.
Our Market Research and Insights Set You Up for Success
It’s not a small thing to sell a hotel – it takes extensive industry knowledge, market intelligence and a vast network of potential investors to make a sale. At NewGen, our property and market insights are second to none and we spend an immense amount of time on diving into the due diligence of the deal so we can do the best job selling your asset. No one understands the hotel market better than we do. Our free Broker Opinion of Value gives our clients a clear and honest value of their hotel based on actual data from surrounding properties that similarly situated. We evaluate your property based on actual data to enable you to make truly informed decisions.
Our Aggressive, Nationwide Sales Strategy Maximizes Exposure
At NewGen, we are singularly focused on finding a serious buyer for your hotel; one who will offer the maximum return on your investment. We never take a passive approach to selling your hotel, instead, we are extremely proactive on every front to find you a solid offer. Thanks to our people-first approach, we have countless partnerships with recurring listings that span decades.
At NewGen we understand that exposure for a listing is everything. The more eyes that view your deal, the better chance to find that perfect match. Unlike many of our competitors, we push our listing to every possible marketing channel. It is important to utilize the tools we already have, but we are constantly striving for new technology platforms to get our listing out to as many owners and investors as possible. We are one of the few firms utilizing numerous social media platforms in the hotel brokerage space. We have integrated our listings into online platforms providing a reach for the properties that reaches over 100,000 owners and investors per listing. We pride ourselves on being proactive in the marketplace rather than reactive with strategies that penetrate a wide variety of qualified investors. At the end of the day, our main goal is to sell your property as fast as possible at the highest possible price.
Our Decades of Hotel Sales Experience (And We are Hoteliers Ourselves)
Over the course of three decades in this industry, we are true experts in our field. We grew up in the hotel industry and are hoteliers ourselves, so we are able to see the hotel sales process from your perspective. We approach every transaction with an owner-and-investor mentality which allows us to outperform our competition on every metric. Our list of projects spans every strong asset class, from economy to premium properties; every client on every deal is a priority to us.
Selling a hotel is a complex and stressful process, having an ally like NewGen to assist you in that process can alleviate that stress. If you need a free evaluation on your property contact a NewGen Advisory expert and we will be glad to help.