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 followI've been reading two offering decks side by side and the demand pages read like different asset classes. The first is an 80 key select service property where roughly half the roo…
Working out what passive hotel exposure should actually look like for me, and the two structures I keep landing on behave completely differently in a downturn. Structure one, own…
Looking at two LP offerings on the same rough size, both 90 to 110 keys, both in secondary markets, and the only real structural difference is affiliation. One is a hard franchise…
I run a handful of small rental units, so I know what operations feel like, and hotels look like operations with the volume turned all the way up. I don't want any of it. What I d…
Reading a sponsor's reserve policy and it says three months of debt service plus the lender's FF&E escrow at 4% of gross. That struck me as thin, so I went looking for what thick…
I move slowly on everything, and I've been circling this sector for about a year without doing anything. What's stopping me is the timing question, and I'd like to see how the roo…
Sorting through four offerings and they're all the same asset class on paper and nothing alike underneath. Trying to make the segment choice explicit rather than picking whichever…