Hotel room investment may be new to you but investing your money into property has long been a popular alternative to banks.
From buy-to-let to hotel room investment, the market is taking over from offering benefits and yields banks haven’t been able to match in years.
But what exactly is hotel room investment and is it right for you?
Signature Investments have created a quick and easy guide for those either looking to save their money away from the banks or for those who are looking to expand their property portfolio.
Hotel room investments are the perfect choice for those looking to invest their money and not their time or effort.
As the hotel you’re investing in already has the infrastructure, you don’t need to worry about any of the day-to-day running of the hotel or management. This hands-off investment is ideal for those looking to see a decent return on their money without having to do a thing.
As opposed to buy-to-let investments, you will not need to spend the time or money looking for new tenants potentially, vetting them and dealing with maintenance issues. The hotel will ensure that the room is occupied through marketing and sales strategies, so you don’t need to worry.
Affordable Entry Levels
In comparison to a buy-to-let property, hotel room units come in at a much lower entry price but continue to offer great returns.
Investments with Signature Investments have a starting price of £65,500 making them easily accessible, even for first-time investors.
The three-step process of purchasing a unit is simple; pay the reservation fee and instruct solicitors, transfer 50% of the funds upon exchange then the additional 50% of funds upon completion of contracts.
Unlike buy-to-let property investments, hotel investments are fully managed.
In the case of Signature Investments, all hotels are developed, owned and managed by Signature Living, the parent company of Signature Investments.
This means that from purchase to sales, all aspects of the hotel are run by one company.
The benefits of full management far surpass those of buy-to-let investments as there is no need to worry about finding tenants, ensuring occupancy and taking care of maintenance, as this is all taken care of. Hotel investments are truly fully managed and hassle-free.
Hotel room investments with Signature Investments are flexible for both the operator and investor.
Both the investor and Signature Investments will have the opportunity to buy back or sell back the unit between the years 3-10.
This ensures that the investor is not tied into a long contract and can withdraw their investment without complication.
Upon release of the funds back to the investor, they will receive an additional percentage on top of their yearly ROI’s, making it the perfect investment for those looking to build on their capital.
A Growing Industry
Hotels in the UK have seen a steady increase not only in infrastructure investment but in tourism levels and occupancy rates.
Signature Living is a company who are leading the way in some of the UK’s tourism capitals including Liverpool, Cardiff, Belfast and Manchester. Their hotels are experiencing their highest level of occupancy and many of their hotels and apartments have become destinations in their own right with many guests seeking out their locations as opposed to using price comparison sites to make their decision for them.
Offering a unique hotel experience, excellent customer service and competitive pricing has helped to establish Signature Living’s reputation as a market leader who continues to deliver on projects.
To conclude, an investment in a hotel room unit is the perfect investment for income.
The leisure and tourism industry and the need for accommodation will continue to grow and Signature Living is leading the way with a new breed of hotel which have been so successful. This has been demonstrated with hotels such as The Shankly Hotel, The Exchange and 30 James Street all created by Signature Living.
This further fuels demand for hotel rooms and underpins investment for high yield income.
Hotel room investments are one of the safest and most profitable investments that people can make. Take a look at some of Signature Investments current hotel room investment opportunities and grow your wealth today.