HOTEL vs apartment complex
Many apt owners in my area are using airbnb to make more money from short term rentals --- and most local governments are banning airbnb. But to apt owners will take risks and they can make more by renting by the day.
Many hotels, especially small ones, will have long-term guests/tenants; so some rooms operate like apt rentals. Another trend is wework in hotels.
The point is these 2 categories are blending in.
Trying to acquire 1st hotel/motel with 50-100 rooms. I see many comes with restaurant and big lobby. Pretty attractive asset. And will try SBA loan.
Anyone bought hospitality assets recently? how's your insight and experience? market is still in a upward trend. Maybe buying during recession is best timing. When is the next recession?