Choosing these Newsletter Topics is fun. I get to write about whatever I feel like, as long as it turns out to be somewhat educational and interesting. So let's see if I can adequately explain why owners sell their hotels. Certainly it is the most asked question by prospective buyers... "Why are they selling?" So it must be relevant and important.
Of course there are many reasons why an owner decides to sell. Divorce, death, poor health or some drastic change in physical abilities are sometimes the reason. But the most common I've seen are retirement, moving up to a larger hotel or changing focus into another business.
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