5 Biggest Mistakes Of First Time Hotel Buyers
Buying a hotel is not like buying empty office space. You are purchasing a living, ideally thriving, property with an existing business model, clientele, and an environment that shapes the guest’s experience. Your first hotel will be an adventure filled with business models, renovation, hospitality management, and of course, financial strategy. If you want to […]
Considerations for First Time Hotel Buyers
Investing in a hotel can be a rewarding and profitable way to step into the business world of hospitality. The profitability of your hotel depends on how well it is designed, staffed, and run. If it attracts guests and inspires delight, then your investment will thrive. Of course, this poses a unique set of considerations […]