First time buyer
AcquisitionBroker's processDealDue diligenceFirst time buyer
One of the most challenging and thus frustrating steps for the first-time hotel buyer is being selected or awarded the opportunity to purchase a specific asset. All hotel owners were first-time buyers once. Some built their reputations and gained experience as buyers while working for established companies, which eases the first-time process. However, many owners navigated their first acquisition with the assistance of brokers and attorneys. You can make yourself more likely to be awarded a deal by understanding the buyer selection process.
