Jeffrey Durham

About Jeffrey Durham

Jeff Durham is a founder of The Passport Group. Jeff has a wealth of experience in the hotel and hospitality industry which began at the early age of 16. He is a hotel broker, an independent hotel owner and expert in consulting hotel owners into transitioning to becoming an independent hotel operator. He also founded Haversack Hospitality, which specializes in hotel management and consulting. Jeff is also a founding member of the Humboldt County Tourism Improvement District (TBID) and is currently on the board of the California Association of Boutique and Breakfast Inns. In addition to his hotel business ventures he finds ways to make real changes in his community as city councilman for the Town of Yountville.
ThuApril 20 2017

Independent Hotel/Mixed Use Development

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.

PROPERTY LISTING DETAILS
San Francisco
$11,500,000
1900
39
SatMarch 25 2017

Selecting the Right Partners

So what do you need to buy a hotel? Money, right? For some eager buyers just entering the hotel industry, landing that initial start-up financing often seems like the toughest challenge. But in hindsight, getting the funding you need may turn out to be the easy part! This is especially true if you don’t pick […]

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FriMarch 24 2017

Securing Financing and Raising Capital

If you have reached the stage where you are researching hotel financing options, you already have a good chunk of time and effort invested into your new business venture. For our purposes in this section, we will assume you have done your initial due diligence in terms of selecting a viable, promising hotel business to […]

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WedMarch 8 2017

Have An Exit Strategy

As an aspiring hotel owner-operator, you are in very good company. After all, you are chomping at the bit to enter an industry that generates an estimated $7.6 trillion dollars per year globally! But even the most perfectly planned strategy cannot always predict what may unfold in the future. This is why it is so […]

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WedMarch 8 2017

Know Your Loan Options

Every day, somewhere in the world, someone is either buying or selling a hotel. And every time a hotel business changes hands, these two activities happen together. So many factors go into getting your start in the hotel industry. Choosing the right hotel (if you don’t plan to build your own), hiring an expert team, […]

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ThuJanuary 26 2017

Choosing the Right Business Model for your Hotel

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 […]

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ThuJanuary 26 2017

How to 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 […]

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WedJanuary 18 2017

Coho Cottages & China Creek Cottages

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.

PROPERTY LISTING DETAILS
Willow Creek
$2,750,000 for both properties
MonJanuary 9 2017

Understanding 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, […]

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MonJanuary 9 2017

Creating 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 […]

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WedNovember 23 2016

Finding The Best Insurance For Your Hotel

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 […]

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FriNovember 11 2016

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, […]

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FriNovember 11 2016

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 […]

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ThuNovember 10 2016

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 […]

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MonOctober 3 2016

Choosing the Right Location For Your Next Hotel

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 […]

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MonSeptember 26 2016

California Lodging Expo® and Conference

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 […]

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ThuSeptember 1 2016

Introduction to Marketing and Selling your Hotel

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 […]

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ThuSeptember 1 2016

Factors To Consider When Finding The Right Hotel Broker

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 […]

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ThuSeptember 1 2016

Top 4 Reasons To Invest In Technology Before Selling Your Hotel

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 […]

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ThuSeptember 1 2016

Why You Want To Create A Business Plan Before Buying A Hotel

Investing in hotels is a very unique venture. If you invest in commercial real estate such as an office building or warehouse, you own the building and the land the building sits on, but you don’t have a vested interest in the companies that inhabit it. If a company makes a profit, you don’t generally […]

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ThuAugust 18 2016

Introduction to Operating

Tips on Operating a Well-Run Hotel The operation of an entire hotel can seem like a daunting task unless the owner breaks it down into a series of manageable pieces. Assigning different folks to attend to each detail allows the owner to oversee each one with more efficiency and effectiveness. Here is a quick rundown […]

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MonAugust 15 2016

Do Your Homework (Due Diligence) Before Buying a Hotel

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 […]

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SatJune 18 2016

Creating a Strategy for Selling Your Hotel

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 […]

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WedJune 1 2016

Executive Inn & Suites

The Executive Inn & Suites is Located in the heart of the “Tallest Town in Oregon.” It is close to the Warner Mountains and the high desert region Oregon.

PROPERTY LISTING DETAILS
Lakeview
$599,000
1977
TueMay 31 2016

Preparing a Hotel for Sale

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 […]

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ThuMay 26 2016

Star Broker Sells Six Hotels in Six Months!

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 […]

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FriApril 8 2016

Introduction to Scouting for Hotel Ownership

So you’ve decided to become a hotel owner? Global hotel industry revenue is predicted to reach $550 Billion US dollars in 2016, with revenue for the United States hotel industry reaching upwards of $176 Billion.

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FriApril 1 2016

An Introduction to Buying Hotel Real Estate

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 […]

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MonMarch 14 2016

5 Simple and Effective Ways to Increase and Sustain Profit

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 […]

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TueMarch 1 2016

[Infographic] Announcement: Upcoming Hotel Owner’s Toolkit

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.

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