One of the most important aspects of the sale and purchase of hotel properties is the technical due-diligence process. This investigation into the "bones" of an existing property can be critical to the success or failure of a hotel venture.
In this article, the authors discuss why the current trend of converting the use of transient lodging facilities in Hawaii to alternative uses is so appealing to developers.
Hotel owners must know what they are getting into before signing that franchise agreement.
There are many considerations purchasing agents take into account before placing a lighting purchase order for guestroom and public areas. They must examine an order from an operations point of view, as well as a guest's. A lighting fixture can be ei
As the number of major renovations increases, it becomes ever more important to manage and control the process. One reason for the increase is that many hotels built in the 70s and 80s need more that a facelift and con't compete with newer product.
As hotel-motel appraisers and consultants, our fir inspects hundreds of lodging facilities each year. Our experience and imaginations have led us to formulate the following list of amenties that would characterize the perfect luxury hotel room.
While some argue that an additional hotel can create positive impact on the chain by increasing its brand awareness, most impact disputes focus on the potential loss of business when a traveler has a choice between two hotels with identical brands.
When considering investment in hotel real estate, one needs to start from the basics and consider the hotel project from first principles. This article considers the design of the hotel.
The Popularity of Boutique Hotels
Should you build a spa in your hotel?