Monthly Archives: September 2017

Hotel Motel For Sale

Sometimes people find the investment options very rare but I think the investment in real estate is one of the better options for them and that too in hotel and motels. There is a lot of hotel and motel for sale and these are available in all part of the world including in United States of America and you can invest according to your budget. Although the rate of real estate is continuously raising almost all over the world hence a higher appreciation but in some part of the world the rates are either constant or there is a negative trend, therefore the investment in real estate should be made carefully considering all these factors.

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The second and most important thing while investing in hotel and motel offered for sale is that the investment should not only be better appraised but the outcome should also return a good income from the hotel and motel business. All this will happen only if we invest in the right size of the hotel and that too at the right place or location. There will be a lot of hotel motel for sale in a particular location but most of the time only a few will be profitable and we must invest in the hotel, which will be capable to generate profits. Many times we may not able to spend huge money on profitable hotel business and then we must ensure whether we are capable to run a new hotel or motel business in profit. If we are able to make profit from a new hotel or loss making hotel, then the new or loss making hotel motel for sale will be a good investment option for us as the asking price of this hotel will be far less than the one which makes profits.There are a number of losses making hotel motel for sale in almost all the cities. These loss making hotel motel for sale are offered to us at large discount rates. Converting a loss making hotel into one that makes profit is really challenging job and if we accept that challenge and work hard and succeeds in making the hotel running in profit, we really benefits from our investments. If we buy a loss making hotel or motel and do not succeed in making it profitable, then our investment is highly risky.

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Therefore investing in new or loss making hotel or motel for sale is really a tough challenge and we should ensure that we take a correct decision so that our investment is profitable. We will see a number of hotel motel for sale and taking a right decision in investing in the right size and rightly located hotel motel will not only benefit us at present but it will grow with the passage of the time.

Hotels, Motels Green Bathroom Remodeling Nationwide

Hotels/motels that remodel their bathrooms by going green are following the hotel industry’s move towards environmental sustainability. Hotels/Motels therefore, have understood that going green means replacing fixtures with water or energy saving appliances. What many hotels and motels owners are beginning to learn is that going green in their bathroom remodeling project, includes refinishing, recycling and the use of recycled materials.Hotels/Motels green remodeling has other benefits or advantages apart from saving money. Investors that are looking to buy a chain of hotels or motels or even those looking to buy a single hotel or motel are definitely looking to buy ones that have efficient fixtures and appliances installed in their bathrooms.Hotels and Motels use of resourcesHotels and motels are in general bigger than average buildings and the use a lot of resources. It takes a lot of resources to build hotels and an equally bigger and constant resources to maintain – heating and cooling, use of lots of water. No hotels can function without water. Hotels need water for laundry, for showering in the bathrooms, flushing the toilets, washing your hands, and then dishwashing. That is why any hotel that considers bathroom remodeling, thinks about green bathroom remodeling and it’s advantage of saving water.

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Additionally, the hotel industry use a lot of energy. The annual energy bill for the hospitality industry is $3.7 billion a year on energy. Energy savings alone is driving a lot of hotels to green bathroom remodeling. They see the benefits and embrace the advantages of water and energy savings they get from when their bathrooms are remodeled for green living.Hotels see green in green bathroom remodeling. Whether the owners of hotels or motels believe that the civilities of their hotels have an impact on the environment or not, they see “green” the money savings in water and energy resources.Green bathroom remodeling save hotels and motels money:Replace showerheads to save water bills:
During a tight economy, those hotels that are remodeling in order to sell their hotels or add value to their property are discovering that a very inexpensive way to save water in their hotels bathrooms is to replace their shower heads with water saving ones. The performance of a good water head should be the same as a normal shower head. Cheap one dribble water which defeats the whole purpose of water savings.Replace older toilets with water saving toilets:
There have been a lot of advancement in the choice of toilets that save water. You can choose a pressurized toilet which fits well over where your old toilet sits. Pressurized toilets cost more than their standard counterpart and some people claim that they give some problems. On the other hand, dual flush toilets which are popular in Europe are showing up in more and more hotels bathrooms that are using green remodeling to water in their total bathroom remodeling project. It estimated that in one year, a dual flush toilet will save a family where four people are using the bathroom about 15000 gallons of water.Hotels bathtub refinishing/tub re-glazing and sink refinishing saves money and the environment:There are plenty of hotels, retirement homes, nursing homes or bed and breakfast inns that have antique claw foot bathtubs in their bathrooms. Refinishing these antique claw foot bathtubs preserve their beauty, saves hotels plenty of money and benefit’s the environment. Sink refinishing saves the landfills and puts some “green” in the pockets of hotel owners. Bathtub refinishing saves bathtubs from going into the landfills while saving hotels over 80% over the cost of replacement. And when hotels add our volume discount, the savings are even bigger. Green bathtub refinishing is green in your bank account.

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Hotels green bathroom remodeling uses recycled materialsJust like you find recycled materials that can be used when you remodel other rooms in other parts of the hotel, there are also building materials that are made of recycled materials tile; vanities and flooring. Hotels that use recycled fixtures save money and conserve natural resources.Not every bathtub refinishing company or even every green bathroom remodeling company or business understands the import of our activities on our environment.Not many know the fixtures, processes, and proper installation procedures that will save you money, time and the environment.

6 Warnings When Booking Hotel-Motel Reservations On Line

Did you ever check into a hotel/motel and become stressed? Did the check in procedure become a nightmare? Did you book your reservation on line? If you answered yes or no to any of these questions, read on.When you check into a hotel/motel you want your check in time to be fast and stress free. The last thing you want to hear is a problem about your room reservation. This is almost a fantasy in today’s frenzy of a world. The computer which makes our lives easier in most instances – in hotel/motel reservations can make your life a living hell.PROBLEMS WITH BOOKING YOUR ROOM ONLINE:(1) RESERVATION IS GUARANTEED:What you were not guaranteed is the TYPE of room required.EXAMPLE: You wanted a non-smoking room with double beds. When you checked in you received a king size bed in a smoking room.

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(2) ROOM PAID IN ADVANCE BY CREDIT CARD.When you actually check in you may want to change the way the hotel had been paid.The Hotel clerk can not change this.This is your responsibility.The payment plan has to be changed at the website source.(4) NAME MAY BE DIFFERENT THAN THE PERSON ROOM RESERVED FOR:When you check in the reservation can not be changed by the hotel/motel reservation clerkThe name of the person must match the name on reservation.This is your responsibility.The name has to be changed at the website source.(5) MUST BE (21) YEARS OF AGE OR OLDER.There are some exceptions in areas and (18) is acceptable.(6) CANCELLATIONS:If you cancel you may have to pay a cancellation fee.Another problem with traveling for enjoyment or business is the check in time. The hotel/motel has their check in time schedule. This schedule is carried out to the fullest. The hotel/motel will not let you into your room until check-in time.The reason for this is the room is still checked out to other people. Some people wait until the last minute of check out time to actually check out and the room needs to be cleaned.THE MOST POPULAR ON LINE WEBSITES FOR TRAVEL:(1) Expedia(2) Travelocity

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(4) HotwireAlways read the small print when booking your hotel/motel rooms on line to save any unpleasant time consuming incidents at the check in desk.SUGGESTION:BOOK YOUR ROOM DIRECTLY FROM THE HOTEL/MOTEL:(1) You may even save money on your room rate.(2) Your room will be paid for on the correct charge card for expense and tax purposes.(3) Your room will be reserved in the correct name.(4) Your will receive the kind of room you desire.You and the hotel/motel reservation clerk will be happy and your hotel/motel stay will be superb.Thank you for reading my article. Please feel free to read any of my numerous articles on many different subjects.Copyright Linda E. Meckler 2007

Hotel Motel For Sale By Owner – Hotel Motel For Sale By Owner and How to Find Them

If you are an owner and wish to sale your hotel or motel – you have indeed a great opportunity to gain some good profit on your investment. However, the enhancement of the price should be always done ethically. There are a good number of underhand tricks that people play to raise the evaluation of the property – and you should definitely not be one of those.In case you are the one who is buying the property from the owner, be sure you know about all such cut-the-corner methods of increasing evaluation so you could avoid overpayment. For example, cutting down on repairs and heating of the place can increase the per-day income by as much as $100-150 and this computed to a yearly amount can be astronomical. If the evaluation is based on this, you will end up paying a highly inflated amount just for nothing.

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Understand the minimum basics of property evaluation before you go into the nitty-gritty of the deal. Let us see how they calculate the valuation. This is usually started with the capitalization rate, which is commonly known as cap rate. Supposing the overall return on the assets built comes at about eight percent, and then the cap rate is 0.08. After the debt is deducted, the net income would be divided by this cap rate to arrive at the value of the property.There are many ways that would enhance the value of the property in correct and legal ways. Unfortunately, for every right way to do so there are ten fraudulent ways – and you should be aware of most of these if you are planning to look for a hotel motel sale by owner.oGet a building inspector look the property over and see if there are any major flaws that could be costly later on – plumbing, electrical wiring, heating system, etc that might be camouflaged superficiallyoDiscount the income of the vending machines from the cap rate – this is usually a grey area and would not give you an accurate estimateoCheck whether the regular repairs and maintenance have been accounted for. Often by keeping these expenses off the books or totally doing without them – would cut costs to a large extent and show a much higher profit – and hence the evaluation would be wrongly inflated. If you find that repairs figures are not there in the books for the last 6-12 months – then ask about it

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oLook at the expenses in the previous years and compare it carefully to the present year and it will be easy to see if any of the figures have been doctoredWith a little care and investigation, you will be able to judge accurately the cost of the hotel or motel that is up for sale – and close a great deal.

Bring Your Pet Along – Have Some Fun & Enjoy Your Stay at an Atlantic City Pet Friendly Hotel-Motel

There are a number of luxury casino hotels and wonderful bed & breakfasts to stay in. However, if you have a pet, you may choose to stay in one of the many Atlantic City pet-friendly motels. Before you go to Atlantic City, you need to surf through the different pet-friendly hotels and motels to determine which ones will offer “pet-sitting” services so you can enjoy the days and nights either sightseeing or gambling.Events Visitors Can Enjoy In Atlantic CityYou don’t have to enjoy yourself at the casinos right away; you can do some world-class fishing or golfing to start off with. At night, try your hand at the casinos… you can either do the slot machines or have fun at one of the many tables. Whatever you want to do, you can conquer any and all.

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You can also have fun at night doing other things, as there is a wide array of entertainment going-ons; something that will get your attention such as comedy bars, dance clubs, beach bars and lounges. No matter what you choose to do, you can rest assured that your pet is going to be fine.Keep in mind that your daytime can be a fun time for your kids and pets. Consider going to the amusement parks, arcades or even take part in the boardwalk activities. There’s much to enjoy and take part in… something everyone in your family including your pet can enjoy.A Look At Pet Friendly Atlantic City Hotels and MotelsQuality Hotels West – When you’re looking for a pet-friendly hotel, consider the 86-room, two-floor Quality Hotels West. It’s located eight miles from Atlantic City International Airport and is about two miles from the boardwalk. Its amenities include air conditioning units, hair dryers, Internet access, microwaves, refrigerators, etc. The hotel charges a $15 a day pet fee. If you’re bringing a dog, it should not exceed 25 pounds.

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Sheraton Atlantic City Hotel – Another pet-friendly hotel to consider is the Sheraton Atlantic City Hotel. It’s got 502 rooms on 16 floors and offers such amenities as data ports, Internet access, family rooms, non-smoking rooms, etc. One of the biggest reasons people opt for this hotel over any other is that there is no fees for pets. However, your family dog shouldn’t weigh more than 80 pounds.Other pet friendly hotels/motels include:- Econo-Lodge Boardwalk with a $10 per day pet fee
– Knights Inn with a $30 per day pet fee
– Residence Inn Somers Point with a $75 per stay pet fee

Hotel – Motel Safety Tips

When choosing a motel or hotel, you should all ways ask the following questions:(1) What type of on-site security do you have? (2) Are your rooms inside or outside rooms? (3) What type of security measures do you have in place for each room?Guests who stay above the first floor greatly reduce their chances of being a victim of a crime from outside forces.UPON ARRIVALDo a visual check of the layout in case of emergency. What kind of lighting has been installed in the parking lot, around the grounds, pool and rooms? Check your room to see what security measures have been installed.Explain to the children what you are looking for so they understand the importance of it, and explain to them to never open the door (even if they think they are helping) before you approve it.A chain type lock is one that does not provide sufficient security and gives the false sense that it is safe to open the door. (not a good device to use at home either) Peepholes are good and should be used before opening the door to see who is there.There are two types of peepholes: one is called a 160 that just shows who is standing in front of it and the other is called a 180 that gives you a much wider view of who is standing in front of the door and beside it. A lot of motels and hotels are putting two peepholes in the door: one is placed lower for children (a very good safety feature). Deadbolts are a good safety device and should always be used. If you travel a lot and want extra security, a device called a doorjamb is sold at Lowe’s for about $ 20.00. It fits under the doorknob and wedges between the floor and the doorknob or handle. It folds down and is easy to carry and can be used at home as well. Do not answer the door by just opening it.

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First, find out who is there. If the person identifies himself as an employee call the front desk to confirm it.Seventy percent of communication is non-verbal. In other words, if you show fear opening the door, it already gives the intruder the upper hand in the situation. Use peepholes first. Moving the curtain back and looking out the window is as bad as opening the door. A smooth talker that sees you are startled or frightened might be able to get you to open the door. The face to face gives him or her the advantage.Motels or hotels just off the interstate are perfect targets for criminals of all kinds (thieves, child predators and many others). Traveling families make the perfect victims, They are not familiar with the area and it will be harder to get them back to testify in court. Inside the room secrets When you enter the room, look under the counter where the sink is and against that wall usually where the two rooms join. You are looking for a camera or a peephole. Usually there is a crawl space for plumbing between rooms.I have actually seen cases where an employee had punched a hole in the drywall under the counter to look into the room: it gives a perfect view of almost the whole room. If you should happen to discover this in your room, call law enforcement not the front desk, make sure a report is made, let law enforcement make the contact with the establishment and contact your attorney. Also find another place to stay. Guest that stay in an inside room are less likely to be the victim than ones that stays where the room opens to the parking lot. Remember that not all, if any, motels /hotels conduct background checks on all of their employees.A device can be bought on eBay for about $ 49.00 that detects hidden cameras in rooms, tanning beds, changing rooms, etc. This is good investment. You have been told for years never leave valubles in your room when you go out, which includes going to the pool. Now you need to add to never leave your identification in a room when you are not there.This leaves you with two choices:

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(1) Carry it to the pool or other areas with you. (2) Lock it in the trunk of your vehicle.I am not sure about trusting in-room safes, you would need to ask the mangers about the safety features, If possible make sure no one else has a key or combination to it. Never prop the door open to go to ice machine or your vehicle; it gives a thief a chance to obtain entry into your room. Make sure to keep the room key or room card with you at all times. If lost or misplaced, notify the front desk at once. The lodging industry has a liability and responsibility to keep its guest as safe as possible and most try very hard to do just that.Most industries have what is called industry standards by which they set acceptable operating procedures. I have been asked often about the use of personal alarms in a hotel/motel room. If you use one, the goal would be to get the activated device outside of the room so others could hear it. Never let a child go any where with out an adult that you really trust. They are targets to criminals.If you stay at a motel/hotel that does not have any of these security features, I would consider making the stay a very, very short one or continue on trying to find a motel/hotel with the adequate safety measures.