The Emporia, Kansas hotel for sale is a Guesthouse Inn & Suites. This fee-simple hotel property contains 1 building with 2 stories and 130 guest rooms and suites. This hotel was first opened in 1973, and the amenities of this full-service hotel includes a restaurant, lounge with atrium, hot tub and sauna, meeting space, fitness center, and business center. This hotel is in a prime location as it is situated in the intersection of two highways, and the city of Emporia is considered to be Kansas trade area and regional transportation hub. The listing price is $12,300 per key.
Danny Givertz, Vice President, is responsible for Hunter’s West Coast brokerage operations out of the Los Angeles, California office. With over 12 years of hotel brokerage experience Danny has negotiated the sale of over a quarter of a billion dollars worth of hotel properties throughout the West Coast. He has assisted clients in the sale or purchase of all major branded hotels including Hilton, Starwood, InterContinental Hotels, Best Western, Choice Hotel Group and Wyndham International. Danny holds a Bachelor of Science Degree in Business Administration & Real Estate Finance from Pepperdine University in Malibu, California.
The Illinois hotel for sale is a Ramada hotel located in the city of Moline. The fee-simple hotel was built in 1961, but it was renovated in 2006. The property contains a one story building with 195 guest rooms. This is a full-service hotel situated near the Quad City International Airport. The amenities include two heated indoor swimming pools, three saunas, a whirlpool, a newly renovated fitness center, and free WiFi. The hotel also offers guests to enjoy an 18-hole indoor mini-golf course, arcade room recreation and sports courts, newsstand, business services center, meeting space, and ballroom.
The fee-simple Wisconsin hotel for sale is a Days Inn hotel located in the city of Appleton. This property was built in 1978, but it was renovated in 2009. The hotel has 1 building with 2 floors, and it offers 102 guest rooms. This is a full service Days Inn, and the amenities include a meeting room, fitness center, WiFi, complimentary breakfast, and guest laundry. The hotel has excellent visibility off of Interstate 41, and it is also a short distance from Outagamie County Regional Airport. This hotel is ideal for owner operated.
Kyle Stevenson is responsible for Hunter’s brokerage operations out of the Washington, DC office. Kyle has 21 years of hotel finance experience, including corporate banking with affiliates of Chase Manhattan and SunTrust Banks, and ownership of a hospitality industry focused investment banking firm. He participated in financing the development of the Grand Hyatt, Washington, DC and the J.W. Marriott, Washington, DC. Kyle also financed hotels at a portfolio company owned by Allied Capital, a $4 billion investment firm based in Washington, DC. Over the course of his career, he has developed extensive resources and relationships with hotel owners and financing sources. Kyle is a graduate of Georgetown University, where he earned a degree in International Economics.
The Prospect Heights, Illinois hotel for sale is a Super 8 hotel located about 30 minutes north of Chicago. This fee-simple hotel was first built in 1987, but it was renovated in 2009. The property has 1 building with 3 floors, and it houses 120 guest rooms. The hotel is positioned in an intersection of milwaukee Avenue and River Road, which is considered to have high traffic. Nearby is the Lake Ave Woods Forest Preserve, Chicago Gardens, Chevy Chase Country Club, River Trail Nature center, Historic Village of Long Grove, Woodfield Mall, downtown Chicago, and the Chicago Executive Airport. This full-service hotel also provides guests with a meeting room and fitness center.
Kyle Stevenson is responsible for Hunter’s brokerage operations out of the Washington, DC office. Kyle has 21 years of hotel finance experience, including corporate banking with affiliates of Chase Manhattan and SunTrust Banks, and ownership of a hospitality industry focused investment banking firm. He participated in financing the development of the Grand Hyatt, Washington, DC and the J.W. Marriott, Washington, DC. Kyle also financed hotels at a portfolio company owned by Allied Capital, a $4 billion investment firm based in Washington, DC. Over the course of his career, he has developed extensive resources and relationships with hotel owners and financing sources. Kyle is a graduate of Georgetown University, where he earned a degree in International Economics.
This Illinois hotel for sale is a Days Inn hotel in Elk Grove Village. Established in 1986, this 110 guest room hotel property has 1 building with 3 floors. The hotel has been recently renovated in 2009. Amenities for the full-service hotel include a business center, fitness facility, free WiFi, meeting room, free parking, continental breakfast, and guest laundry.
Kyle Stevenson is responsible for Hunter’s brokerage operations out of the Washington, DC office. Kyle has 21 years of hotel finance experience, including corporate banking with affiliates of Chase Manhattan and SunTrust Banks, and ownership of a hospitality industry focused investment banking firm. He participated in financing the development of the Grand Hyatt, Washington, DC and the J.W. Marriott, Washington, DC. Kyle also financed hotels at a portfolio company owned by Allied Capital, a $4 billion investment firm based in Washington, DC. Over the course of his career, he has developed extensive resources and relationships with hotel owners and financing sources. Kyle is a graduate of Georgetown University, where he earned a degree in International Economics.
The La Crosse, Wisconsin hotel for sale is a Howard Johnson hotel. Built in 1977, this fee-simple hotel property contains 1 building with 2 floors. However in 2008 the hotel underwent some renovations. The hotel contains 99 guest rooms, and amenities include a business center, meeting space, fitness center, WiFi, complimentary continental breakfast, guest laundry, and ample parking. This hotel property’s revenue is steadily increasing, and this is an ideal size for an owner operator.
Kyle Stevenson is responsible for Hunter’s brokerage operations out of the Washington, DC office. Kyle has 21 years of hotel finance experience, including corporate banking with affiliates of Chase Manhattan and SunTrust Banks, and ownership of a hospitality industry focused investment banking firm. He participated in financing the development of the Grand Hyatt, Washington, DC and the J.W. Marriott, Washington, DC. Kyle also financed hotels at a portfolio company owned by Allied Capital, a $4 billion investment firm based in Washington, DC. Over the course of his career, he has developed extensive resources and relationships with hotel owners and financing sources. Kyle is a graduate of Georgetown University, where he earned a degree in International Economics.
Alert: "HITS" is no longer relevant.“My database is quite strong and we get a million hits per month.” Week after week I hear a version of this statement during numerous calls from real estate brokers. I shouldn’t be surprised considering this was one of our major marketing weapons when I worked for a hotel real estate firm in Los Angeles. It turns out that everyone is using the same double-edged sword. What they think is their greatest marketing weapon could be be their worst enemy.
While on one of these such calls, I was given very exact numbers that took me by surprise. I’ll provide rounded, but fairly accurate, numbers for two reasons. The first reason is to make the numbers easier to work with. The second is to keep this organization anonymous since I’m certain that they flaunt these numbers to their clients.
Keep in mind that there were significantly less than 150 hotels marketed on their site the day I visited, but we’ll use 150 as a nice round number. Here are the numbers used to support their claim to fame.
- We receive 50,000 sessions per month
- The average session is 3:00 minutes long
- We received 900,000 pageviews
One could easily be impressed with these numbers until you take 2 minutes to think about it.
Let’s define session and pageviews. A session is often used by websites that require a username and password to log in. The “session” refers to the visit completion from logging in to logging out. Pageviews is the number of times pages are viewed on a website.
Using the numbers above we can conclude that the average number of pageviews per session is 18.
18 Pageviews Per Session
Let’s look at the time per session and convert it to seconds and then divide it by the number of pages viewed per session. We find that the average time spent on each page is 10 seconds.
Time spent on analyzing each page.
The only decision that can be made in 10 seconds when looking at a multi-million dollar deal is “NO”. Would you decide to spend more than $1 million in 9 seconds? I would hope not. If you said “Yes” then I’m very jealous.
Another conclusion we can reach according to these numbers is that each hotel is viewed 6,000 times per month. A staggering number. I’m willing to bet that the average facebook page isn’t viewed 6,000 times in a month.
Number of times each property is viewed in 30 days.
*I’m sure that visitors are also looking at non-hotel pages but a majority of pages visited should be to property pages.
You would think that the number of pageviews is a result of great marketing and high amounts of interest. If each hotel is receiving upwards of 6,000 views per month, then we should assume that a majority of the hotels listed are sold quickly. If not then it’s just a lot of wasted views and a lot of wasted time for investors.
The last thing that concerns me is the wording that was used: “session”. I must say that I don’t hear this term at all and I live in Silicon Valley. Here, we measure unique visitors. 50,000 sessions could mean that 1 person logs on 50,000 times. In other words the 50,000 “sessions” is meaningless.
So, what statistics should you be looking for? Here are the ones that we focus on.
- Unique visitors
- Average time per page
- Pageviews per visit
You’re probably thinking, “Those are the exact numbers provided earlier!” On the contrary.
Unique visitors refers to the number of unique people coming to the site. This gets rid of the speculation that one person can visit the website 50,000 times to drive the numbers up. Unique visitors will give you the absolute value of individuals coming to the website.
Average time per page is very important. How can you analyze data and numbers in 10 seconds? I wouldn’t be able to read all the significant data, find the contact information and submit an inquiry in that amount of time.
Combine the average time and the pageviews per visit and you get a very good indicator of what’s happening on the site. If a visitor goes through 18 pages at 10 seconds each, it’s more than likely that the user is lost or can’t find what they are looking for.
We use Google Analytics at The Hotel Inventory to measure our numbers so we know that our tools are Class A tools and that the services are backed by a $300 billion company. Google allows us to track the numbers on the micro-level. We would be able to tell each of our subscribers how long someone analyzes their page for (on average). The organization I spoke of earlier do not use the same tools.
The Hotel Inventory by The Numbers
The image above is a direct screenshot of what Google sends us. The only number that isn’t shown here is the average time per page: 45 seconds. We may not have 900,000 pageviews but our unique visitors spend more time on each page and consequently more time on our site. Also keep in mind that the company in question has been around 15 times longer than we have.
The truth is IN the numbers. You have to dig and think a little bit to know what the numbers really mean and how it would affect your marketing efforts. Be aware of the numbers that are being thrown at you. In many cases, I should also say: be aware of the numbers YOU are throwing out at other people. It’s quite possible that the people using these numbers don’t know what they actually mean. Be smarter than the numbers. Until you understand what they mean, you’re just a sucker falling for cheap marketing tricks.
The Elk Grove Village, Illinois hotel for sale is a Baymont Inn & Suites that was originally built in 1987. However in 2009 this fee-simple hotel for sale underwent extensive renovations. The lobby was revamped with new tile, carpet, ceiling tile, and a new ADA compliance front desk. There was also expansions to the property, and updated guest rooms and guest bathrooms. This is a full-service hotel containing 1 building with 3 floors and 115 guest rooms. Not only is this a well maintained hotel, but it is located right near the Chicago O’Hare Airport and 20 miles from downtown Chicago.
Kyle Stevenson is responsible for Hunter’s brokerage operations out of the Washington, DC office. Kyle has 21 years of hotel finance experience, including corporate banking with affiliates of Chase Manhattan and SunTrust Banks, and ownership of a hospitality industry focused investment banking firm. He participated in financing the development of the Grand Hyatt, Washington, DC and the J.W. Marriott, Washington, DC. Kyle also financed hotels at a portfolio company owned by Allied Capital, a $4 billion investment firm based in Washington, DC. Over the course of his career, he has developed extensive resources and relationships with hotel owners and financing sources. Kyle is a graduate of Georgetown University, where he earned a degree in International Economics.
The fee-simple California hotel for sale is located in the city of Lompoc, and it is situated near Vandenberg Air Force Base. The property has 1 building with 2 floors, and there is 63 guest rooms. Amenities of this select-service hotel includes an outdoor swimming pool and hot tub, and each guest room provides a television.
Brown Nester Hospitality Services is the only hotel brokerage company able to deliver the resources of a global hotel company.For more than 63 years, “Brown” has been “The Most Trusted Name in Hotel Brokerage.” In 2011, the principals of Brown Hotel Group joined forces with Vantage Hospitality Group, Inc., the 10th largest hotel company worldwide. This new venture builds on a foundation of trust and expertise, and is able to offer comprehensive start-to-finish services, including hotel brokerage, management, marketing, and revenue-generating programs.
This St. Louis, Missouri hotel for sale was first established in 1958. It was formerly a Holiday Inn Holidome, but then it was converted to a Ramada in 2008. The Ramada franchise was recently terminated in October 2011. This fee-simple hotel has 1 building with 3 stories, and it includes 393 guest rooms & suites. The full-service hotel is just minutes away from the Saint Louis Lambert Field International Airport and downtown Holiday Inn Holidome. Amenities include High speed internet, airport shuttle, a meeting room that can accommodate up to 600 people, long term airport parking, banquet facilities, restaurant, lounge, and fitness center.
Brown Nester Hospitality Services is the only hotel brokerage company able to deliver the resources of a global hotel company.For more than 63 years, “Brown” has been “The Most Trusted Name in Hotel Brokerage.” In 2011, the principals of Brown Hotel Group joined forces with Vantage Hospitality Group, Inc., the 10th largest hotel company worldwide. This new venture builds on a foundation of trust and expertise, and is able to offer comprehensive start-to-finish services, including hotel brokerage, management, marketing, and revenue-generating programs.
