Buying a Hotel: What to Look for in a Hotel Listing
When you’re in the market to buy a hotel, browsing the hotel listings can be pretty overwhelming. There’s a diverse gamut of properties out there to sift through, and it can be hard to decide where to start. One way to narrow down your options is to skip over any hotel listings that are low-quality and lacking information. But what should you look for, exactly? Today in the Southeast International Hotel Brokers blog, we’ll talk about what you should be looking for in hotel listings.
When browsing hotel listings, there’s certain information that is essential for assessing the potential of the property. Here is some information you’ll want to look for:
If you can’t get a hold of the seller, then you’re already hitting a dead end. This also shows a lack of care put into the hotel listing. If the listing is lacking essential information, it can be challenging to decide if the hotel in the listing is the one you want.
You have a budget in mind, so no need to waste your time looking at properties that are out of your price range. Make sure to filter properties to find the price range you’re most comfortable with. This will save you a lot of time when browsing.
Detailed Hotel Information
You’ll need to know things like the number of rooms, the types of rooms, the amenities built-in, whether the property is franchised or independent, and much more. Make sure to have a checklist at hand of what you need to know before adding a hotel to your potential buy list.
You want to make sure to have a good idea of what the hotel will look like. A good listing will have plenty of quality photos for you to look through. Obviously, you won’t have time to tour absolutely every hotel that has a decent listing. A listing can set itself apart with quality photos that let you know that it’s in good shape. Having these photos before touring will give you more confidence to take the next step in the buying process and add it to the list of hotels you’ll visit in person.
Choose Southeast International Hotel Brokers
If you’re in the market to buy a hotel, why make the process more complicated than it needs to be? Southeast International Hotel Brokers can help you easily navigate the buying process. With our vast hotel listing service, we’ll be able to help you identify and purchase the right one for you. Contact us today for more information and to speak with a member of our hospitality broker team.
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