Asset types
Hotels and serviced apartments
Hotels, aparthotels and serviced apartment buildings (C1) that are underperforming or empty, where the owner wants an operator rather than a buyer.
01
Who it suits
Owners of a hotel or serviced building that is not earning what it should, who would rather not sell.
02
Who takes it
Hospitality operators and aparthotel groups looking for buildings to take on through a lease or a management agreement.
03
Timing
Handled privately and with care, so these take longer from first conversation to agreement.
Your options
What you are choosing between
Selling can lock in a loss, and waiting costs money every month. An operator agreement is a third option that is often overlooked.
Our approach
What we do with it
- Understand why the building is underperforming before we take it anywhere, because operators will ask.
- Approach a small number of suitable operators directly and in confidence.
- Be clear with you about timing from the start.
The assessment
What we will ask you
The questions that decide which operators can take it.
- 01Current use class and any change of use
- 02Rooms or units, and how it is trading now
- 03Whether you would consider a lease, a management agreement or both
- 04Any existing brand or franchise commitments
Is your property right for an operator or corporate tenant?
Tell us about it. We will tell you straight whether there is demand for it.
Other asset types