“…Dual branding is a mechanism that’s gaining steam and attractive to lenders. By placing two brands in one building, you’re maximizing efficiency in a number of ways: increasing the number of rooms on the land parcel; sharing a common lobby, public areas, and housekeeping staff; and employing one general manager and one salesperson…”
The fundamentals of hotel investing have never been better, and opportunities abound for getting deals done. The current funding landscape isn’t as crazy as the Wild West days of 2007, but a rebounding economy and rosy RevPAR optimism, coupled with new financing schools of thought and plenty of competition, mean opportunities are out there for buying, selling, and refinancing properties. This quick primer from hotel financing insiders tells you what’s really working now.
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