Why invest in Independent Hotels?
Investment in Boutique Hotels is among the most profitable hospitality investments. More and more investors are flocking to boutique hotels as they see the amount of additional revenue it takes to justify a brand and realizing they are not necessarily the conservative choice in ensuring a successful project. Properties with excellent locations where demand is demonstrated simply no longer need to rely on the generic marketing efforts of chains. Thanks mostly to Online Travel Agencies (like Hotels.com) and review sites (like Tripadvisor.com) hotels are now able to level the playing field more effectively.
According to Real Estate Weekly’s article, “Boutique Hotels Reaching New Height”
At the national level, boutique space reflects an occupancy premium of approximately 13%. The boutique sector also exhibits strong growth in RevPAR. In 2012, 2013, and 2014 RevPAR is trending at 6.3%, 7.4%, and 8.8%, respectively, exceeding national averages, for the sector at large, in the last two years.
The demand in growth for boutique rooms is predicted to exceed the growth for traditional hotel rooms and the growth in demand for boutique hotel rooms will continue to exceed the growth in supply through 2015 with RevPAR premiums continuing through 2017.
BHM, a Boutique Hotel Management company, has been able to generate handsome NOI for its hotel investors along with amazing resale values of an established boutique hotel while competing against the largest brands.
We are actively seeking the following:
Investors Seeking Boutique Hotel Opportunities
BHM is interested in hearing from you to add to its list of investors for both acquisition, reposition, and development projects across the United States and abroad. Properties we consider are anywhere from $7 to $100 million dollars.
Opportunities are always present with the right business strategy and market conditions. Contact us today with your investment parameters.
Developers Needing Investors
BHM and its partners are interested in taking a look at your project. Please submit your project to us for review and we will look it over in our feasibility offices. If we think your project is successful we can assist your project attain credibility, construction financing or outside investment.
Property Owners Looking to Exit/Reposition
Submit your property to us. BHM is primarily interested in hotels where we can add value whether that be through a reposition (renovations or going from a brand to independent) or where seasoned boutique hoteliers can increase value/NOI through efficiencies or marketing.
Contact Us:
Please reach out to Sam Trotter in the corporate office by going to our contact us page. We’d love to hear about your investment strategy or project.