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Originally Posted by DarkJedi
Does it have a better ROI than just an apartment building?
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Hotels are not about hotels - they are real estate :-) Accomodation is OK, but food is a pain in the ass.
Buy a few fields on the edge of any city - plenty space to keep competition miles away and build a hotel. That covers all costs of the land which just increases in value and also makes a profit if ya work at it.
Then you do a "webmaster" and repeat the operation :-) I have a friend who does exactly that and with two brothers, now own over 350-400 international hotels - but the real estate value is more than God ever heard of and they don't owe any banks a dime.