I currently own an apartment building and have had it for 12 years. I am looking to invest in a hotel in the area, but have no experience with the hotel industry what-so-ever.
Can anyone recommend some reading material to help me get acquainted? Analyzing hotels/motels are far more complex than I initially imagined.
Buy one someplace where you like to visit. That way you can stay there for free. As for materials, well check amazon.
I did look at Amazon but most books I found were in regards to hospitality careers, not really investing in hotels and analysis of their incomes.
If you know any exact books for something like this, I would love to know their titles.
I have quite a bit of experience and was very close to buying a hotel myself last year.. I can answer any question you have.. PM ME..