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The Buying and Selling of Hotels is not just a Real Estate Transaction
How much for the building, land and contents, but rather the transfer of an ongoing Business Market.
The Real entity being brokered is the Hotel Guest Market. A property may have the finest of furnishings, but if there are no guests to rent the room, there is not a hotel to sell of real value.
Lodging Realty Services is the Real Estate arm of Interim Hospitality Consultants, LLC. Interim Hospitality Consultants has reviewed and analyzed the market operations of hundreds of hotels nationwide since 1984.
A Buyer may inspect and a Seller may advocate the condition of the roof, plumbing and other physical assets of the Hotel. But is the Hotel Guest Market analyzed and warranted by both the Seller and the Buyer?
Call us today to verify the Market for the Hotel you are thinking about.
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