The Passport Group has been retained as exclusive broker to offer the fee-simple interest in an independent, fully tourist licensed hotel located at 259 Seventh Street, San Francisco, California. The hotel is permitted nonconforming use. The hotel is located at 259 Seventh Street, San Francisco, 94103. This is an exceptional opportunity to acquire a cash flowing asses with significant upside potential as a multi-use development project.
The Passport Group has been retained as exclusive broker to offer the fee-simple interest the Coho Cottages and China Creek Cottages. Both are located in Willow Creek, California. This is an opportunity to acquire independent cottages and RV park. The Coho Cottages and China Creek Cottages are cash flowing assets.
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, […]Read More
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 […]Read More
When visitors choose which hotel to book, they usually consider the location over just about anything else. They want to be as close to the action as they can afford, meaning they usually want to spend as little time driving, traveling, or getting from the hotel to their destination as possible. This means that when […]Read More
You are invited to the FREE California Lodging Expo® and Conference on October 25, 2016 at the Crowne Plaza Los Angeles – Commerce Casino. FREE to ALL attendees! What is included in the day’s agenda? Interesting educational sessions Free Industry Luncheon Drawings for Prizes and Weekend Getaways Free Wine Tasting and Hors d’oeuvres at the […]Read More
Managing the operations of an entire hotel can be an incredibly complex task to undertake. There are countless aspects of maintaining a successful hotel, and there are even more details involved in putting that hotel on the market. By breaking up the necessary tasks into manageable sections, the process becomes easier and frankly less of […]Read More
At what stage do you currently fall in the lifecycle of hotel ownership? If you are either seeking to sell or buy out a hotel or some other hospitality property, it is advisable that you check out for an industry professional to hold your hand. This means engaging the services of a professional hotel real […]Read More
Whether you are selling a home, a car or a hotel, it’s a fairly common practice to make certain upgrades to whatever you are selling to make it more attractive to buyers. If you are trying to sell a home, you may invest in some landscaping to increase curb appeal or have the interior painted […]Read More
Before purchasing any hotel or motel property, a prospective buyer should always establish its assets – both real and intangible – and liabilities to evaluate its commercial potential. Here are the basic steps that should be undertaken: Make a Physical Inspection Everything structural from the foundation through the walls to the roof should be inspected […]Read More
While most owners enjoy the position of prestige and responsibility that owning a hotel entails, there usually comes a time when they must consider selling their property. Unfortunately, most owners do not take full advantage of the process. Instead of casting an objective eye on the property, they remember it in its heyday or otherwise […]Read More
The preparation of a hotel for sale requires attention to innumerable details; everything from your Profit & Loss statement to the HVAC system has to be examined. Still, there are some tasks in the process that are more important than others. Here is a quick rundown on the ones a seller should focus on. Do […]Read More
There are good hotel brokerage firms, and then there are great ones. What makes The Passport Group one of the greats is its dedicated and hard-working agents, who in just the past six months have delivered an impressive seven hotel sales involving some of the top brands in hospitality. Leading the pack was veteran listing […]Read More
The Second Phase of Hotel Ownership Playing the Game Without Taking a Gamble Does buying a hotel seem like a gamble to you? It doesn’t have to be. Make the smart play by getting to know the hospitality game, its players, its strategies, and its possibilities. Prepare for buying hotel real estate with The Hotel […]Read More
Maximize the Profitability of Your Hotel Anyone who has worked in, with, or around the Hospitality Industry can tell you that it’s a fast-paced and often chaotic bonanza. Most days you might as well put on a firesuit and drag around a hose putting out fires. Finding the time and energy to juggle day-to-day tasks […]Read More
The Passport Group is pleased to announce the upcoming launch of the Hotel Owner’s Toolkit: a comprehensive resource exclusively catered to owners and operators of all stages of hotel ownership across the entire spectrum of the Hospitality Industry.Read More