Hotel property investment is another option for those researching different property investment strategies. Hotel investment means purchasing a hotel room and generating returns thanks to guests staying in the hotel. This works in a similar way to the more typical type of property investment, but with shorter tenancies.
There are pros and cons to hotel investments. One of the main reasons that some people consider hotel investments as the best property investment strategy is the fact that you’re able to generate high rental yields due to the cost of hotel stays. The downsides, however, are that you’ll need to ensure that the hotel you invest in is popular enough to bring in a lot of demand. You also have less control over a hotel room investment since you don’t own the entire property, leaving you at risk if the company was to fail.
Last Updated: 3/21/2020 8:24:50 PM