Lodging Property Listings Key Terms

These key terms will help you feel at home before investing in lodging properties

Lodging property listings key terms should enable you to find your way to the listings that interest you most. Lodging property can be an investment, a second career or a dream come true. A first step to finding the real estate you want is to use lodging property listings. With key terms at your side, you won't waste time on your search. Lodging properties constitute a wide category, covering everything from campsites to fifty-room villas.

 

Lodging property and hospitality property

Lodging property is defined as any property that is built to house customers at least overnight. This definition is broad enough to include camp grounds, RV parks, boarding and rooming houses, in addition to hotels, motels, inns and B&Bs.
Try: The U.S. Bureau of Statistics explores all the different types of properties that fall under the umbrella of lodging property.

Hotel and motel brokers

Hotel brokers are the "middlemen" between buyer and seller. Hotel and motel brokers have lodging listings. You also can look for lodging brokers by state or region.
Try: American Hotel Motel Brokers Association is an example of a country-wide brokerage house.

Lodging franchise

The word franchise, as it pertains to the lodging industry, is similar to a dealership. With a lodging franchise, usually the lodging will have the same name as the franchise, basically the same building design, even the same make of linens, sheets and towels -- all the amenities will be the same from lodging to lodging.
Try: Lodging Franchise Review explains lodging franchises, both high end and low end.

Bed and breakfast, B&B, inn realty, or inn real estate

When going into business as an innkeeper or B&B operator, the right property is important to make the business model viable.
Try: Sage Blossom Consulting offers advice on choosing inn real estate.

Motel real estate

Motel properties have one story buildings with parking space outside the rooms. It isn't often used as a search term on its own; instead, you will see motels listed with hotels.
Try: This advertisement for a Virginia motel is part of Merger Network, which has a database of hotels and motels for sale.

Fractional ownership

Fractional ownership is more for the serious vacationer than the budding hotel mogul. Much like a time share, it guarantees the owner a period of time on a resort or property, often at a discounted price.
Try: Frias sells fractional ownership in Aspen properties.

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