Hotel room investing can be a great way to create long-term income streams and a high return on your money. In this blog, we’ll dive into the best hotel room investments that have made a lot of money to give you some insight into the benefits of this type of investment. As a website that specializes in hotel room investments, we at GuestInvest are on the job all day making the best investment decisions for our clients. Read on to learn more about how to invest your money in this exciting industry.
Immobiliare Stampa, a company that invested in entertainment companies and natural disasters, bought a historic building in the heart of Rome and turned it into a first-class hotel. It was the first time European securities were brought to the U.S. market. The issue was so successful that it sold out in minutes. This success provided investors with a return of nearly 300%.
The Savoy Hotel in London is a well-known luxury hotel that has a rich and fascinating history. Built in the early 1900s, the hotel has hosted many famous guests, including Charlie Chaplin, Marilyn Monroe, and Frank Sinatra. In 2005, the hotel was purchased by the Blackstone Group for £250 million and reopened after an extensive renovation. Just six years later, it was sold to a Saudi Arabian consortium for an incredible 750 million pounds.
The Chateau Marmont (Los Angeles)
The Chateau Marmont has been a staple of Hollywood since the 1920s and has hosted many famous guests. The hotel itself is iconic and has been immortalized in numerous movies and TV series. Andre Balazs bought the hotel in 1990 for just $1.9 million and invested another $30 million in restoring the building. The hotel has since become a popular lifestyle destination that many Hollywood A-listers have chosen as their domicile.
The Plaza Hotel (New York)
The Plaza Hotel in New York is arguably one of the most famous hotels in the world, having hosted guests since 1907. In 2004, Israeli company El-Ad Properties bought the hotel for $500 million and invested another $450 million in renovating the building. The hotel has since become a setting for some of the world’s biggest events, including the first meeting between Bill Clinton and Monica Lewinsky.
The Four Seasons Hotel (Toronto)
In 2016, Canadian luxury car rental company Four Seasons purchased the Four Seasons Hotel in Toronto for $225 million CAD, joining a growing list of companies investing in the Canadian city. The hotel has been a fixture in the city since it opened in 2012 and has hosted many famous guests.
Hotel room investments can be a great way to create long-term income streams and a high return on your money. The examples we have presented in this blog show that it is possible to make significant profits from investing in this industry. However, as with any investment, it is important to weigh carefully and only invest in projects where you can have a high level of confidence and security. We hope that this blog has been able to help you better understand the benefits of hotel room investing and look forward to hearing from you if you have any further questions.