Quote:
Originally Posted by markdanshaw
Has anyone checked out Guest Invest as a possible investment?
I find the idea of purchasing a luxury hotel room interesting, but need to request the business plans and sales figures. Would these investments be covered by trading standards? Would investors receive a deed for the 'property'? Who would retain rights to the room? Would maintenance be covered by the hotel? Insurance? Is this a leasehold or a scam?
Anyone with further information on hotel investment or experience regarding this please respond.
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Hi Mark
Yes I know of Guest Invest. They have a very professional set up and this type of investment is becoming very popular at the moment. The hotel rooms are usually on a 999 year lease and you will receive a 2 year rental guarrantee followed by a 50/50 room rate share. With room occupancy being very high in London you can achieve excellent yields. The hotel rooms are also SIPP compliant due to this being classed as a commercial investment which is also proving to be very popular amongst investors.
We are due to launch two new hotel projects across the UK with a similar mould so if you need any more info just let me know
Thanks
Duncan