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Find the Best Hotel Insurance

Finding an insurance company that can provide a range of coverage for hotel owners is not extremely difficult, but finding an insurance company that truly understands the unique and incredibly complex needs of the hospitality industry is a different story. In addition to basic fire, flood, property damage and liability protection, here are a few types of insurance hotel owners might consider purchasing. Document Coverage In [...]

Find the Best Hotel Insurance 2017-06-05T16:03:59+00:00

3 Keys to Profitable Revenue Management

Running a hotel optimally and efficiently is something akin to being a savvy trader on Wall Street. Hotels have inventory that changes on a daily basis with rates that are heavily dependent on outside factors that sometimes can't be seen or even predicted. But many times they can. Like the smartest traders on Wall Street, savvy Revenue Managers are able to always see the bigger picture [...]

3 Keys to Profitable Revenue Management 2017-06-05T16:05:32+00:00

Understanding The Financial Process Of Hotel Buying

Buying a hotel is, or at least can be, a hugely complicated process for even the most experienced of investors. Not only are you buying a piece of real estate (which has its own complicated set of variables to consider) but you are also buying a business. Here are 3 tips to help you get a handle on the financial process involved in buying a hotel. [...]

Understanding The Financial Process Of Hotel Buying 2017-06-05T16:07:09+00:00

Why You Want To Investigate A Buyer’s Credentials Before Selling Your Hotel

When it comes to selling a hotel, many, if not most owners and investors see the buying process as being the riskiest. Obviously, the buying process is fraught with all kinds of tensions and perils with any number of variables that can go wrong and cause the deal to fall through. Once you have successfully purchased the property, however, there are still any number of risks [...]

Why You Want To Investigate A Buyer’s Credentials Before Selling Your Hotel 2017-06-05T16:08:19+00:00