Hotel Investment News Blog
The hotel investment news blog by Vojo Ventures, provides practical tips to hotel investors on topic like funding, financing, due-diligence, acquisition and other worthy news and articles.
The concept of the hotel has existed for hundreds of years. Since the days of stagecoaches, overland exploration and urban growth, entrepreneurs around the world have dived into hotel ownership. They sensed the potential, economic opportunity, purpose, growing markets and prestige. In the modern hospitality industry, not too much has changed. So what are the reasons for hotel investment?
The hospitality industry will always remain its fast-paced and competitive environment. Especially in times of distress, such as during Covid-19, it is more crucial than ever to be on top of trends, shifts in consumer needs and other developments in the hospitality industry.
For this reason, we from Vojo have put together a list of everything you need to know about the latest hospitality trends to bring you fully up to speed and set you up for success.
Let’s dive in.
Do you like making decisions with sound info? Of course! So do hotel buyers, lenders, owners and sellers. Making informed decisions about potential or operational hotel investments means using accurate hotel valuation methods. Numerous methods exist, each with good and bad points. It’s the classic hotel real estate issue… how do you determine a hotel’s value without selling it? Here’s the guide to hotel valuation methods.
Sustainability is the future of the hospitality industry. It has grown to be a topic of massive interest to both hoteliers and investors. Its positive outcome is immeasurable no matter the scale of the hotel or resort. We have put together a list of reasons why hotel investment in sustainable real estate and eco-friendly hotels is essential. Find out why you should work on reducing your ecological and environmental footprint with your next hotel concept project.
Over the last decade we have seen the rise of the sharing economy. And it is clear that companies like Uber, AirBnB and Lyft are here to stay. These new platforms have changed the way industries and economics work. A growing trend is that of real estate crowdfunding, and in the last few years hotel crowdfunding has also become more popular.
At Vojo Ventures we know how indispensable a feasibility study is for a hotel, a hostel, resort or a B&B. As experts in hotel assets management and having opened various hotels and resorts we have noticed that many hoteliers make decisions based on assumptions when it comes to their new hotel concept, without conducting any notable research on building a hotel business that will be consistently profitable and competitive.
We want to share our advice and help at this moment when you are writing your ideas down on paper and benchmark them against the market to determine the chance of success of your hotel, hostel, resort or B&B.
In this article, we will look at the steps involved in carrying out effective market research and hotel feasibility study.
Investing in hotel real-estate requires a lot of funds. We are talking about tens or hundreds of millions of dollars/euros. You need to ensure a proper ROI is generated with such a strategic investment. Moreover, hotels are a multi-million dollar operation. In any other industry we would be looking for a well experienced CEO to manage such a company. Who would you trust to manage your hotel investment?
We have been faced with this challenge many times, and it seems it oftenboils down to the same. It might surprise you that generally the problem is due to a lack of insight in independent hotels on how the travel industry really works. As experts at hotel investment, we know that there is also a shortage of understanding in the business in general. As a result hotel assets become distressed and are in dire need to be turned around.