The Keys is a series of informative articles by Liz Galea, founder of Stellar Accommodation Brokers.
These articles provide expert insight into everything you need to know when buying and selling accommodation businesses
The Golden Question – when is the right time to sell?
It's the question every accommodation property owner eventually asks themselves and there's rarely a single, obvious answer. But there are signals worth paying attention to, and vendors who read them well tend to walk away with better outcomes than those who wait for a "perfect" moment that never quite arrives.
Five Things to Do Before You Sell Your Motel or Serviced Apartment Hotel
Most owners don't wake up one morning and decide to sell. The decision builds slowly — over months, sometimes years. A conversation with a spouse about what retirement actually looks like. A lease renewal coming up. A sense that the industry is changing and the time to move might be now rather than later.
What Is My Motel or Serviced Apartment Business Really Worth?
What is my motel or serviced apartment business actually worth?
It's one of the most common questions accommodation owners ask, and the answer is often more complex than they expect. Unlike residential property, where comparable sales can provide a useful guide, accommodation businesses are valued on a combination of earnings, lease structure, location, property condition and buyer demand.