Technology Due Diligence Tips for Hotel Acquisitions

David M. Scolnic | August 24, 2015

By David M. Scolnic Hotel acquisitions are hot, with many hotels achieving double-digit offers within days after being put on the market. If you are lucky enough to be the winning bidder, you are probably pretty excited and not a little daunted. Did you pay too much? You probably don't have time to think too long about that: in this market, you will have 30 to 45 days for due diligence to make sure that not only is the hotel worth what you are paying but also that once the hotel is yours, you can have it running seamlessly despite the change of ownership. Of course, you will have a team of people pour over the books, investigate the phy...