Month: December 2012

A look at 2012 in the hospitality brokerage industry

As I look forward to 2013, I can’t help but to take look back at what took place in 2012, with my buyers, sellers and our industry in general. Between May to December, I closed on 1802 House Inn in Kennebunkport (represented the seller), Towne Motel in Camden (represented the buyer) and Noble House Inn …

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Are buyers ready to make the hospitality leap?

I’ve been working with several clients for a while now who really want to get into this business. So what’s stopping them? It seems that fewer prospects are putting their homes on the market before making offers on a lodging/hospitality property. This is, after all, a discretionary purchase. They don’t have to sell their house, …

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