Updated almost 7 years ago on . Most recent reply
Hotel Owners and Investors
As many of you know, the Hospitality industry has become an increasingly attractive sector of commercial real estate for many investors who seek a more creative long-term return.
Saturation in other asset classes has led to savvy investors across the country explore industries such as the Hotel business.
To that effect, I would like to suggest starting of a Hospitality/Hotel forum or meetup group.
The aim of the group would be to network with hospitality industry professionals, discuss industry trends, and maybe have guest speakers from the Hospitality Industry.
I am based in Manhattan and would be more than happy to organize a meetup locally or regionally.
If there was interest from across the country then perhaps we could set up a Webex meeting monthly or quarterly depending on interest levels.
The BP site is a great resource with a ton of valuable information. I would simply like to give the Hospitality sector the same exposure which the MultiFamily and Residential sectors enjoy.
If anyone has any suggestions, or maybe a forum already exists, I would love to hear from you!
Most Popular Reply
Hotels/Motels are Businesses, not REI per se. They are characterized by advertising, staffing and 24/7 operations which differ greatly from REI which attempts to avoid staffing and reduce operational costs. Many REI opportunities can become hands off and passive, while Hotels & Motels don't approach that unless you become the silent owner and get a company to operate it for you.