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Assess Your Available Cash

Assessing the actual cash you have available - and the cash you will need - to purchase a hotel or other hospitality property can be a tricky enterprise. One of the most important aspects of understanding your available cash, however, is how much you can spend within safe limits! Here is a quick guide to help you determine what you need, what you have and what [...]

Assess Your Available Cash 2017-06-05T14:20:48+00:00

Understand Hotel Loan to Value Options

Taking out a loan for a hotel or other commercial property operates on much the same principles as taking out any other kind of loan. Any time a lender loans money, they are taking a risk that they will get their initial investment back, let alone turn a profit on the venture. As a result, they need to be sure that the amount they are lending [...]

Understand Hotel Loan to Value Options 2017-06-05T16:00:30+00:00

Create a Hotel Scouting Strategy

Purchasing a hotel can be a long and exhaustive process that begins with finding a location you wish to purchase in the first place. While you may do some work securing financing or attracting partners prior to finding the right location, the majority of that work will be done after you have decided on a specific property. Like all purchases or investments, the more homework and [...]

Create a Hotel Scouting Strategy 2017-05-17T21:52:13+00:00

Choose a Hotel Business Model

Like any successful business or company, one of the key foundational aspects of running a hotel is having a good business model. There are a vast number of business models to choose from, but most eliminate certain hassles, while being prime targets for others - meaning, of course, there is no perfect business model, there is just the right business model for you. Here are three [...]

Choose a Hotel Business Model 2017-06-05T16:02:37+00:00