How I Bought My First Boutique Hotel and Where I See Opportunity Over the Next 18 Months | E6
The Rich Somers Report
Hotel Book Investigation and Neighbor Insights
The chapter delves into investigating potential hotel purchase, gaining insights from a neighboring property, and securing financing for a boutique hotel. It highlights the importance of transparency, negotiations with sellers and contractors, and strategic renovation planning. The discussion also focuses on rebranding the hotel, operation plans, and the advantages of boutique hotels over short-term rentals.
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