Three Hotels One Great Price

Business Overview:

Three hotels are now available as a portfolio deal for one great price! They are all located just outside Glacier National Park which makes these hotels a rare commodity. All three hotels are fully staffed and turn-key. The occupancy rate runs about eighty five percent from May through mid October. Two of the three hotels typically close during the winter months when the park’s traffic is greatly reduced due to winter weather.

One hotel has nineteen rooms and a manager’s quarters. Another hotel has fifteen rooms and a manager’s quarters. The third hotel has thirteen rooms and a manager’s quarters. With all three hotels fully staffed, a new owner could live on site in one of the managers quarters or run this business remotely. There are very few properties like these in the area so the owner is able to charge a premium room rate.

A new owner could increase marketing efforts and/or work with some travel agencies to increase traffic but all three stay pretty busy just based on their location. A new owner could also invest in some updates to the facilities and charge even more for nightly and weekly rates. The current owner is willing to stay around for a while to train and ensure a smooth transition.

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Additional Details:

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