How do you prepare your hotel for sale and find a buyer? A step-by-step guide, from formulating an exit strategy to negotiating terms and closing the deal.
Finding the ideal time to make your hotel available for purchase can be tricky but understanding the market will play an important role in the sale of your business.
Strong, all-year round demand and a market that accommodates boutique, budget and multi-storey giants alike, the hotel sector in Singapore is attractive to buyers and lucrative for sellers.
Hoteliers operate in an extremely competitive industry; if you’re not competing with market leaders such as Hilton or Marriott, then you could well be in opposition with a well-priced Airbnb host down the street.
The Canadian hotel industry is well diversified with a range of accommodation models. There are mid-range facilities to suit business travellers wanting clean, affordable rooms with digital connectivity, as well as luxury establishments for visitors expecting top-dollar rooms plus fine-dining and spa/fitness options.
