JF 3963: The Asset Class That Will Make You Millions That No One is Talking About ft. Hait Patel
The Best Ever CRE Show
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Investing in Limited-Service Hotels
This chapter examines the investment potential of limited-service hotels, appealing to both business and family travelers by focusing on affordability and amenities. It discusses the challenges and financial implications of property improvement plans (PIPs), the shift of ownership from luxury brands to institutional investors, and the long-term commitments involved in hotel investments. Furthermore, it highlights the necessity for reserve funds for sustainability and the distinctions in capital expenditures between hotel and multifamily investments.
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