It’s not easy to be an owner or operator of hotels and leisure properties in today’s marketplace. Travel is down, hospitality operations are experiencing excess capacity, and assets are underperforming, forcing owners and investors to do much more with much less.
These challenges bring opportunity. Investors and operators may benefit from reassessing their portfolios, selling or repositioning their assets or refinancing existing debt obligations. Sellers can benefit from knowing that the market for hotels and leisure properties has entered a recovery mode, making their properties more attractive to potential buyers. In turn, buyers can take advantage of investment opportunities, leveraging today’s lower sales prices for future returns. Together with the right real estate partner, investors and owners at all points of the spectrum can develop a strategy to mitigate risks and maximize opportunities to prepare for the impending recovery of the hospitality industry.
The professionals in Grubb & Ellis’ Hotels, Golf & Leisure practice group provide innovative transaction solutions and support for all types of hotel and leisure properties, including full-service, luxury, select-service, boutique and resort hotels, as well as golf courses and mixed-use assets.
As career professionals in the hospitality industry, Grubb & Ellis’ Hotels, Golf & Leisure practice group members have the market insight, relationships and flexibility to offer our clients customized solutions tailored to the needs of this highly specialized industry.