an increasing number of hoteliers are marketing the sale of their business for themselves
Property website www.hotelstobuy.co.uk says that an increasing number of hoteliers are marketing the sale of their business for themselves. The power of the internet to reach buyers throughout the world has meant that owners are often choosing to handle the sale of their hotel or bed & breakfast without the help of a commercial agent.
Celia Fraser, manager of Hotelstobuy – the largest online directory of hotels and B&Bs for sale in the UK, says “Selling privately is not for everyone, but the benefits of taking control over your sale and the potential savings in sales commission are definitely attractive to owners, particularly in these harder economic times.”
Celia set up the website in 2004 during the sale of her own hotel in Cornwall. She couldn’t believe the huge number of enquiries she received about the sale of her guest house. “It was at that point that I realised the potential of a website dedicated to the sale of bed & breakfasts and hotels and developed the idea from there. Property agents are still the main advertisers on my site but we also have a regular stream of owner-operators who decide to advertise with Hotelstobuy privately because for just £275 (rate at June 2012) they get a lot of marketing exposure for their property sale and good quality enquiries from potential buyers.”
Tom Stevens, from Westwood House in Dorset is currently selling his guest house privately via and explains why he decided to handle the sale himself “Having used business agents in the past we felt that on this occasion we would try marketing our current property ourselves. We have found that advertising on sites such as Hotelstobuy gives great exposure for a tenth of the price an agent would cost. Marketing ourselves also gives us greater control and flexibility when dealing with prospective buyers and allows us to react quickly to new enquiries. Within 3 days of going live on the site we have had 4 enquiries and have 2 visits booked.”
Hotelstobuy lists each property within its directory of over 1000 hotels for sale and emails its huge database of registered buyers about the new business. The hotel or bed and breakfast owner receives enquiries direct via email or telephone and is given access to an area of the site where they can monitor the number of times that their business details have been read online.
For more information see Hotelstobuy call 01326 316131 or contact via email@example.com
This press release was distributed by ResponseSource Press Release Wire on behalf of hotelstobuy.co.uk in the following categories: Personal Finance, Business & Finance, Construction & Property, for more information visit https://pressreleasewire.responsesource.com/about.