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Deal sourcing is usually the hardest part of real estate investing. It’s the stage that separates the wheat from the chaff.
Good partnerships result when everyone brings their A-game. Build your team with people that fill in your weaknesses and amplify your strengths.
Nobody likes resort fees, even many hotel executives. Pressure alone won’t force a change, though. Resort fees must be regulated to prohibit the practice.
Hotel investing is a simple business. The execution is difficult. Still, you probably already have all the tools you need to become a hotel investor.
CoStar Group is acquiring Smith Travel Research (STR) for $450 million. This is a gamechanger for the hotel industry in so many ways.
Buying a hotel involves balancing many priorities, and how to find capital is the one that usually haunts your dreams. Good systems help you sleep better.