No Vacancy The Podcast with Natalie Palmer cover image

58. Listen to This Before Investing in Hotels - Interview with Diya Liu

No Vacancy The Podcast with Natalie Palmer

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The Differences Between Commercial and Residential Hotels

When it comes to banks they really do require buyers experience a lot of times, which is kind of like a chicken and the problem I guess is you have to have hotel experience to own a hotel. It doesn't matter if you have prior hotels or not, right so there's a lot of additional requirements because now you are dealing with folks who are trained in hospitality they went to school for hospitality. They have fancy degrees for hospitality. Some of the differences, but it really depends like this week we're just talking to our franchise attorney about liquidation damages if we were able to break a franchise brand and deflag it. And what kind of brand requirements are there if we were to keep it

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