Traditional Culture Encyclopedia - Hotel franchise - Can a property hotel invest?

Can a property hotel invest?

Property hotel is the property right of hotel rooms bought out by individual investors, that is, the developer sells the independent property right of each hotel room to investors in the form of real estate sales. Each room has independent property rights. Investors invest in real estate like buying commercial houses, entrust rooms to hotel management companies, get the return on investment, gain the appreciation of real estate, and get the free occupancy right given by hotel management companies for a certain period of time. It is a derivative of the hotel. The unified management mode binds the economic interests of the owners together, and the management company maintains the overall rental price of the property according to the income share.

As one of the main product forms of investment property, property hotel is sought after by investors, but it also exposes many problems. Investing in property-based hotels needs to pay attention to whether the property rights are clear, whether the guarantee mechanism is sound and whether there is a perfect exit mechanism. In addition, you should also pay attention to the following risks:

1, market risk

Market risk refers to the risks brought by the introduction of relevant policies and major market changes during the hotel operation. For example, macro-control to curb investment and combat speculation means increasing investment costs for those who invest in property-based hotels through bank mortgages. For another example, during the investment period, if the government introduces relevant policies, such properties and investment models are explicitly prohibited.

2. Legal risks

Legal risks are divided into three levels. First, the project itself and its operation mode are illegal. For example, the "five certificates" are incomplete, and it is impossible to apply for a property right certificate. The project itself is suspected of violating the rules and the investment model is illegal; Secondly, the terms of the contract are illegal. That is, the terms of the contract are not clear enough to protect the interests of all parties; Third, the guarantee mechanism is illegal. That is, the guarantee provided is invalid.

3. Credit risk

This risk mainly comes from developers. In the process of selling hotels, developers of "property hotels" are actually recovering costs. If the developer maliciously cheats in the hotel business or the operating company mismanages, once the business risk occurs, the investor's return on investment will not be guaranteed.