Mistakes Sellers Make
By Chase Keller, CCIM We’ve written before about the quiet cost of putting off the sale of your hotel. Risk, competition, and costs all trend inevitably upward, and many owners wake up one day and realize that the best time to sell was two years ago. Here are some of the patterns we see in […]
The Quiet Cost of Waiting, Part Two: What Hotel Owners Miss by Sitting on the Sidelines
By Chase Keller, CCIM In a previous post, I wrote about why putting off the sale of your hotel property is almost certainly going to erode your profit from the sale. Most owners, if they’re waiting for the “right” time to sell, find out, to their dismay, that the right time was probably a couple […]
The Quiet Cost of Waiting: What Hotel Owners Miss by Sitting on the Sidelines
By Chase Keller, CCIM “I’ll sell in a few years” sounds safe, but waiting often quietly erodes your net proceeds through increased costs, necessary capital expenditures, interest rate fluctuations, and market changes. The real question isn’t “Should I sell right now?” but “What does waiting actually cost me over the next 3–5 years?” A clear […]