Property - Hotel / Motel
Hotels and Motels range from small roadside motels to larger franchise hotel chains to quaint bed-and-breakfast facilities. Lodging properties are readily available in various locations and sizes to map to your specific needs, goals, and resources. Properties may be utilized for income, tax relief, and appreciation.
Hotels and Motels are typically classified by the number of rooms, amenities and ratings-if available. Evaluations of such properties should include, among other things, gross-income trends, and deferred maintenance, as well as occupancy rate and geographic location. Proximity to attractions, highways, and cities, as well as other factors, contribute to the value of the property and will likely influence the investment decision. As with any property, improvements to the conveniences, landscaping, and overall atmosphere may help to grow revenue.