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Hotel Sales Advice: When Your Hotel is Failing The hotel industry can sometimes be harsh. It’s an unfortunate reality that some businesses will fail. This can’t be avoided, but it doesn’t mean you have to exit the industry at a…

Hotel Brokers Advice: Should You Tell Customer About the Sale? In a previous blog, we discussed telling your employees about the upcoming sale of your hotel, but what about your customers? Should you tell them about the sale? The short…

Before You Buy a Hotel: Perfect Condition vs. Fixer Upper When you are looking to buy a hotel, you should consider what condition you want the property to be in when you make your purchase. You may think that the…

Tips from Motel Brokers: What Makes a Motel Marketable? In an earlier blog, we discussed what factors make your hotel marketable to potential buyers. Today, our motel brokers delve into what makes your motel attractive to buyers. To be honest,…

Hotel Brokers Advice: Do Staff Need to Be Informed About the Sale? One of the trickiest transition aspects of selling your hotel is letting staff know about your sale. They will eventually find out, so the question is how and…

Hotel Sales Advice: Should I Renovate First? When selling your hotel, you may be wondering how many renovations you need to do beforehand. Well, that depends. If you’re selling an independent property, it’s completely up to you. Just keep in…

Tips from Your Hotel Brokers: Get the Right Buyers Interested Finding the right buyer can be a difficult aspect of the hotel sales process. There are many dreamers out there who may not have the means, or the follow through,…

Hotel Sales Advice: Is Your Hotel Worth Selling? Before entering the hotel sales market, it’s important to ask the right questions and make the right considerations. Is the market right for your hotel right now? Are you prepared to sell?…

Advice from Your Hotel Brokers: Do You Want a Franchised or an Independent Property? A big consideration you should make before you buy a hotel is if you want a franchised hotel or independent property. Each choice carries a number…

Before You Buy a Hotel: How to Make A Hotel Stay a Personalized Experience Before you buy a hotel, you should ask yourself: Have I thought about my future guests’ experience? With all the planning and work involved in setting…