Hotel investing means owning lodging properties that rent rooms to guests on a nightly basis, generating revenue through room rates, occupancy, and ancillary services.
Log in to follow110-key select service hotel near a regional airport, $23M capitalization, $8.1M equity raise. I was in for $400k, which was big enough that they'd talk and small enough that I ha…
A partner in an 88-key extended stay wanted out badly enough to sell into a market of one. The units had been marked by the sponsor at $300k. I paid $186k, in cash, with the spons…
This belongs in the passive room as a warning about the word. A friend who'd managed restaurants found a 9-room inn in a small tourist town, walkable to a state park entrance, doi…
Closed and done, so this is the postmortem. 74-key hotel in a beach town, three blocks off the water, no meeting space, heavy leisure. $180k into an LP raise of $6.4M against a $1…