Hotels — We Buy
: Investors typically target underperforming assets, such as hotels with high vacancy rates or those neglected by absentee owners. Common targets include:
: A 100-room mid-range hotel with a 70% occupancy rate and a $150 ADR can generate approximately $3.8 million in annual room revenue . Typical Startup/Purchase Costs : Small Boutique : $3M – $15M. Mid-Range : $15M – $35M. Luxury : $35M+. Operational Structure we buy hotels
: A common industry metric is that a hotel should generate $1 in Average Daily Rate (ADR) for every $1,000 in value per guest room. : Investors typically target underperforming assets, such as