Hotel Knowledge Center
What Is Hotel Investment Advisory?
What hotel investment advisory is, who uses it, how it differs from brokerage, and when hotel owners should seek professional advice.
How Are Hotels Valued?
The income, sales comparison, and cost approaches to hotel valuation — and how NOI, cap rates, ADR, RevPAR, condition, and brand affiliation drive value.
What Is a Hotel Capitalization Rate?
What a cap rate is, how it is calculated, what moves it, how it differs by hotel type, and worked example calculations.
How Long Does It Take to Sell a Hotel?
A stage-by-stage look at hotel sale timelines — preparation, marketing, negotiation, due diligence, financing, and closing — and the variables that speed or slow them.
How Do Confidential Hotel Sales Work?
How confidential marketing, NDAs, buyer screening, and careful franchise and employee communication protect a hotel business during a sale.
How Do You Buy a Hotel?
A step-by-step overview of the hotel acquisition process, from defining criteria through closing and takeover.
How Do You Sell a Hotel?
The hotel disposition process explained — preparation, confidential marketing, buyer qualification, negotiation, and closing.
What Is Hotel Due Diligence?
What hotel buyers investigate during due diligence — financial, physical, legal, franchise, and operational review.
What Is ADR (Average Daily Rate)?
ADR explained — how average daily rate is calculated, what it tells investors, and its limits as a standalone metric.
What Is RevPAR?
RevPAR explained — the formula, what it measures, RevPAR index, and how investors use it in hotel underwriting.
How Do You Finance a Hotel Purchase?
Hotel financing options explained — bank loans, SBA programs, CMBS, bridge debt, seller financing, and what lenders require.
Franchise vs. Independent Hotels: Which Is Better?
The tradeoffs between branded and independent hotels — fees, demand systems, financing, flexibility, and resale value.
How Do You Analyze a Hotel Market?
Hotel market analysis explained — demand generators, supply pipeline, STR data, seasonality, and how the analysis drives value.
What Are the Main Hotel Investment Strategies?
Core, core-plus, value-add, opportunistic, and distressed hotel strategies — risk, return drivers, and fit.
How Do You Plan a Hotel Exit?
Hotel exit planning — timing around the PIP and franchise calendar, preparing for sale, 1031 exchanges, and succession.
Hotel Buyer and Seller Checklists: What Should You Prepare?
Practical preparation checklists for hotel buyers and sellers — documents, team, capital, and timeline.
What Is a PIP (Property Improvement Plan)?
What a hotel PIP is, when franchisors issue them, what they cost, and how they affect purchases and sales.
What Is an STR Report?
What the STR report shows, how competitive sets work, and how buyers, sellers, and lenders use the data.
What Is NOI (Net Operating Income) in Hotels?
How hotel NOI is calculated, what buyers normalize, and why NOI drives hotel value.
What Is DSCR (Debt Service Coverage Ratio)?
How DSCR works in hotel lending, what lenders require, and how it sizes your loan.
What Is a CIM (Confidential Information Memorandum)?
What goes into a hotel CIM, who receives it, and why it shapes pricing outcomes.
How Do Hotel Franchise Agreements Work?
Term, fees, PIPs, termination damages, and transfer — the contract that governs a branded hotel.
How Do Hotel Management Agreements Work?
Fees, terms, performance tests, and termination rights when a third party runs your hotel.
What Are FF&E and a Cap-Ex Reserve?
Furniture, fixtures & equipment, the reserve that funds them, and how both flow into hotel value.
How Do SBA Hotel Loans Work?
SBA 7(a) and 504 financing for hotels — eligibility, structures, and when they beat conventional debt.
How Does Seller Financing Work in Hotel Sales?
Seller carry structures, when they bridge deals, and how both sides protect themselves.
Why Invest in Extended-Stay Hotels?
The operating model behind extended-stay economics — and the risks the headlines skip.