A New Real Estate Investment Option

The Pelorus Group is a real estate development firm. One of their passions in real estate development is boutique hotel property, which offers more comfort then the average chain hotel resort. Custom designs and quality service allow vacationers to feel cozier, while away from home. The boutique hotel industry is becoming more popular these days and The PelorusGroup would love to share some tips on investing in the boutique hotel industry.

Boutique Hotels 

1)   These hotels are upscale and investing will cost you a little more money in the beginning, but will offer a great return over time. Generally the people seeking the hospitality of boutique hotels are more affluent and are seeking a less crowded hotel environment.

2)   When choosing a location it may be best to head into a more scenic area away from the city. Investment costs will be lower in the countryside of any major city or the suburbs, but remaining close to entertainment is also important to travelers. If you are interested in investing in a big city location, consider a run down hotel for remodel or an upcoming area within the major city of choice with rising real estate property values.

3)   When renovating a boutique hotel, one should choose a unique theme and make each room feel as if a person was staying in their own bedroom at home. Decorating the theme of the hotel in relation to the location you choose, allows people to take in the entire experience of the area that surrounds the boutique hotel.

4)   The boutique hotel you create must set a high standard of service in order to receive a high amount of return on your investment. Quality service, room service and attentive staff who treat the customers as if they were royalty while on vacation, will make vacationers recommend the hotel to friends and also entice them to make future reservations.

5)   The accommodations should be as equally luxurious as the service provided at a boutique hotel. Purchasing comfortable beds, fresh linens, relaxing bathtubs for every room, fine furnishings and offering high quality toiletries should be of the up-most importance when creating the environment of your boutique hotel.

The overall experience of a boutique hotel is something that requires great planning and superb execution. The Pelorus Group is aware of the great opportunity for investing in these up and coming vacation options for travelers. Creating a unique environment and offering five star customer services to every guest makes this investment option a great opportunity to create a prosperous income in the future.