Hotel Investments: A Niche Market on the Rise

Essentially, buying a hotel is a transition from one business to another. This package includes all of the technical, financial and legal aspects that requires a specialized knowledge in order to keep the transfer of this type of commercial property investment, a seamless and effective transaction.

Even for the financially savvy, these type of investments require a platform where all parties involved can fluidly communicate with each other harmoniously, resulting in a much easier and stress-free investment.

Hotel niche proves interesting…

Although the global economic crisis took its tolls on all types of investments, it has also suprisingly revealed that this niche market of hotel investments are generally on the rise.

“Despite various natural, economic and political crises witnessed globally in the first few months of 2011, hotel transactions continued gaining momentum and volumes for the full year are expected to exceed our previous forecast,” said Arthur de Haast, global CEO for Jones Lang LaSalle Hotels. “We now anticipate full-year numbers to reach $34.8 billion globally, marking a 28 percent year-on-year increase.”

Location, location, location….

For the hotel business, the location is key. Views, amenities, and the most important factor of all..the clientele. Investing in a hotel also means investing in an area that is able to meet the capacity demands both on and off seasons.

As the French Riviera continues to be one of the world’s most sought-out vacation and business destinations, it comes as no surprise that in 2011, the Cote d’Azur Toursim Board reported a 15% increase in stays of 4 and 5-star hotels. In addition to that, visitors by air increased by 8.5% (11 million visitors) including a 25% increase of number of visitors from emerging markets. It is estimated that in 2012, our famous azure coast will see 11 million tourists as well (people spending more than one night or more). (Cote d’Azur Tourisme)

For the latest hotel properties for sale on the French Riviera, please call our specialized agents at:
Tel: +33 (0)4 92 07 09 50, or visit the Nice Properties website.