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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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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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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