Investors need to consider a number of different factors before purchasing a hotel in any location. While buying a hotel often starts with an investor’s geographic preferences, one must also consider the tourism market, visibility, surrounding attractions and hotel competition, as well as locations that provide an attractive outlook for potential customers.
While browsing hotels for sale on our site, we encourage you to consider Kansas for your next (or first) hotel investment.
It’s worth noting that the state of Kansas has seen an uptick in both day and overnight travel. According to the Kansas Tourism Division and Tourism Economics, an Oxford Economics Company, traveler spending and volume in Kansas both increased in 2014, with totals reaching 34.8 million visitors and $6.2 billion spent. Among the various things travelers in Kansas spent money on, lodging saw the most growth, with a 7% increase in traveler spending since 2009.
Many of our hotels for sale in Kansas offer proximity and convenience to a number of cities that attract large numbers of visitors.
Kansas City: Kansas City, Kansas is the third largest city in the state, and offers visitors a host of leisure activities, historic sites, outdoor activities, restaurants and more. As a major draw for the tourism and lodging industry, a centrally located hotel for sale in this city could serve as a very profitable investment.
Lawrence: Lawrence is home to the University of Kansas, and this college town has an ever growing need for great lodging establishments. With family members of college students traveling to stay overnight, diehard KU fans and alumni coming back to visit for games, and a lively, award-winning downtown district, Lawrence is a great spot to browse hotels for sale.
Wichita: Wichita is the largest city in the state of Kansas and draws visitors with a number of popular attractions, including the Sedgwick County Zoo. Browse hotels for sale in Wichita and put visitors close to highly trafficked attractions like Old Town, Botanica Gardens, the Museum of World Treasures and more.
Here at Southeast International Hotel Brokers, we have years of experience in hotel sales and our hotel brokerage offers a wide selection of hotels for sale in Kansas – each ranging in size, style, location and price range. Our knowledgeable hotel brokers are more than willing to sit down with you, determine exactly what it is you’re looking for based your budget, preferences and business plan, and then assist you in finding the ideal hotel or motel property.
If you do decide to purchase one of our hotels for sale in Kansas, we will be with you each step of the way to ensure the sale is successful and profitable for both the seller and the buyer.
For more information about hotels for sale in Kansas, call our office or fill out our contact form online.
