Ya’ll know people love to travel to Charleston, right? Hotel Investors do too.
I swear, it’s true. They love to come here and get married, eats some grits and all that jazz. This place rocks. So does there hospitality dollar spend. The Charleston Place Hotel is now called the Belmond for a reason. Luxury travelers are rolling in and they are happy as can be. You will hear more big announcements in Charleston about hotels on the horizon. Some big, some little, but the travelers aren’t going to stop loving it up in Charleston.
Hotel investors love it too. They want in. The barrier to entry is hard, especially for out of town groups.
Hotel construction lending in back in play and many markets are experiencing an uptick, especially for limited-service hotels.
A great time to jump in, but finding the inventory and opportunities can be tough.
Good news for you, I have a confidential hotel for sale in Mt. Pleasant. If you are interested to learn more, please follow this link to download the confidentiality agreement and let’s see if it is a fit for you. It is a great opportunity to check into the hotel business.