Soufriere
$11,450,000
Soufriere
$11,450,000
Dickinson, TX
$1,275,000
Chewelah, WA
$1,400,000
Moreno Valley, CA
$6,549,000
Torrey, UT
$9,800,000
Saint Croix Falls, WI
$1,200,000
Wimberley, TX
$2,674,308
Baltimore, MD
$2,500,000
East Pittsburgh, PA
$1,400,000
Milford, UT
$995,000
Vernal, UT
$1,580,000
Vernal, UT
$3,180,000
Vernal, UT
$2,430,000
North Canton, OH
$7,600,000
Myrtle Beach, SC
$2,395,000
Jacksonville, FL
$5,500,000
Ashlee Fullwood
The 9941 Group
Serving Taylor County, TX
The 9941 Group is ready to serve you with your business needs. We truly believe in using our God given talents. One of those talents is helping others achieve their goals and dreams. We are excited to help you throughout this process. Whether you are looking to sell your business, expand your business, or need help making your business the best it can be with our coaching services, we are here for you. We are excited to help you step into the next chapter of your life.
New York
$3,500,000
Hiawassee, GA
$4,195,000
San Juan
$10,000,000
Saint George, UT
$18,375,000
Tomah, WI
$3,990,000
Cedar City, UT
$7,920,000
Walsenburg, CO
$299,000
Indian River County, FL
$8,900,000
Killington, VT
$6,250,000
Miami, FL
$14,500,000
Marshall County, KY
$4,700,000
$10,000,000
Moab, UT
$7,000,000
Holbrook, AZ
$3,300,000
Sherman, TX
$4,500,000
Kanab, UT
$3,500,000
Georgia
$16,000,000
Bennington, VT
$6,750,000
New Philadelphia, OH
$1,700,000
New York, NY
$68,000,000
Fairfax, VA
$3,950,000
El Remate
$1,095,000
The US Hotel Industry is enormous, earning over $185 billion in annual revenue and employing almost 2 million workers throughout more than 90,000 businesses nationwide. So, the concept of buying a hotel business can be one of the smartest decisions for your financial future. According to recent industry consensus, the hotel industry hit a record high in 2015 by booking over 5 million rooms in over 50,000 hotels. Buying a hotel business isn’t just smart, it could potentially be the best business decision you’ve ever made. But where should you start?
It’s one thing to simply want to buy a hotel and quite another to actually do it. Any successful business venture requires plenty of research, capital, and proper business and marketing plans to set your future in motion. Independent hotels can include stand-alone motels, charming bed and breakfasts, or even inns for sale. But if you want a safety net and serious guidance, a franchise option may suit your needs best. Both options are worthy ventures, but they’re dependent upon your need for creative freedom and business independence, whether you want to buy or build a brand, and how much capital you have to invest in your future. Of course, it’s also important to know that around 70% of annual hotel bookings are through chain hotels. Some of the most popular options include:
Hotel occupancy suffered a temporary dip in 2009 due to the recession, but it’s been growing steadily since. As the US economy improves, that growth is expected to surge. Whether you opt to buy a hotel or inn that contains fewer than 75 rooms, choose to buy a larger hotel with over 500 rooms, or prefer a smaller option, there are plenty of hotels for sale that can help you achieve your future success goals.
To participate in the hospitality industry in a different manner, consider researching and buying a travel and lodging franchise.