Unless you are lucky enough to inherit a hotel, there are only two ways to own one - buy it or build it. Neither way is easy. Hotel acquisition and development are complicated endeavors, requiring expertise that is as wide as it is deep. This eBook is intended to serve as an overview of the major matters pertaining to the development of a hotel. The following specific areas will be discussed: land acquisition, screening of acquisition candidates, the letter of intent, the purchase and sale agreement and a summary of the development process.
This eBook is comprised of multiple courses, as well as quizzes that will test your knowledge and reinforce your learning.