WHY SELL?

The hospitality industry is undergoing a fundamental transformation, which is being further accelerated by the consequences of the COVID-19 pandemic.

Specifically, this means:

1. The demand for traditional hotel offerings will significantly decrease.

2. At the same time, new opportunities arise due to changing societal and economic needs, where hotel-like services are in demand.

 

As a result, many properties may no longer be economically viable in the medium term, while others transition to trend-driven usage concepts. Additionally, innovative, future-oriented, and holistic concepts are emerging in the market to meet upcoming needs.

Those who are considering selling their hotel property or a suitable piece of land as part of these or similar crisis-related thoughts are in the right place.

A DECISION FOR LIFE

At some point in life, every private hotelier asks himself how to proceed.
On the one hand, you love your job as a professional host and your lovingly and family-run house.
On the other hand, the pressure is increasing, z. by: 

  • professional international hotel chains with extremely efficient purchasing and marketing opportunities
  • aggressively priced low-budget and economy hotels
  • new competitors like AirBnB
  • Internet-based hotel brokers that further reduce profits
  • a variety of legal regulations and restrictions (from fire safety to minimum wage)
  • high tax burdens and associated liquidity bottlenecks
  • Modernization and renovation backlog due to equipment that is no longer up-to-date
  • Problems with staff and the difficulty of finding suitable staff
You should ask yourself these questions now.
  • Do I have to do this to myself after having worked for the hotel all my life?
  • I was always there for others. Wouldn't it be time to treat myself to something? Even if it's just more time for me and my partner, financial security until the end of my life and securing my assets for my children.
  • What about a successor if I don't want to or can no longer do it myself?
  • What about a successor if I don't want to or can no longer do it myself?
  • Wouldn't it make sense to at least get an offer to find out a currently realistic market price for my hotel?
The timing has to be right!

However, anyone who is toying with the idea of ​​selling their hotel pension must not miss the best time to do so and should decide to do so in good time. Experience has shown that the sale also takes at least six months. Currently the prices for hotels are excellent. However, no one can predict how things will look in five or ten years.