Force Majeure clauses in agreements used to be all but formality for years, until the 2020 global pandemic. Now that we’re rounding 9 months since WHO announced COVID-19 outbreak a pandemic, we’re all just starting to come to terms with the new normal. Over the past year, the hospitality industry was hit hard. With borders closed or restricted globally, travel decreased dramatically, causing many properties and hotel operators to come into distress.
buy a hotel room
Did you know that you can build wealth and income by investing in hotel rooms? If you haven’t heard of hotel room investing, you’re not alone. Even though it is a tried-and-true strategy that is used worldwide, many people have never heard of it. Hotel room investing is similar to investing in short-term rentals, but instead of owning a residential property that you rent out to vacationers, you own rooms in a hotel. Each month, you get a share of the hotel’s profit based on how many rooms you have invested in.
The possibility of owning a hotel room is still a pretty novel concept for a lot of investors, and over the past few weeks we’ve had a lot of questions about what the ownership model actually looks like. Are you buying a share of the hotel room to become a co-owner? Are you buying a timeshare?
Hotel room investments in boutique hotels are the best investments you can make in Batumi real estate – and the well-established Ruebush Group is the only developer specializing in hotel room investments of this kind.
How cool would it be to own a hotel? More so than a rental house or commercial storefront, it’s a glitzy asset that just screams prestige … especially if the hotel in question is an upscale five-star crown jewel in the hands of a Blue-Chip brand-name management company.
If you’re reading this, I’m taking an educated guess that you looking to make an investment that is going to deliver in yearly returns. I know this, because you’re not alone. According to a survey conducted by the Adjara Ministry of Finance and Economy in 2019, 66% of all investors buy real estate in Batumi for its future cash flow potential, rather than for personal accommodation.