Hotel in Geneva

We are searching for a hotel space, on behalf of a prominent French franchisee, that is situated in Geneva or its neighboring regions. The desired hotel should have 50 to 60 rooms, with a category rating of 2 to 4 stars (non-luxury object), and must be available for both the property and business to be sold. The space we are seeking may consist of either one or two floors, or a building. Your input on this matter would be greatly appreciated.

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6 responses

  1. Just to be clear, a search mandate implies the fact that I will be remunerated by the buyer’s side (yours in this case). How much is negotiable.

  2. Hello,

    Coming back to you regarding the hotel search. I have been in contact with someone who has an exclusivity on 1-2 hotels that fit your description that are off market.

    He requires the following things to be put in place: LOI, NDA, and a search mandate from my behalf.

    Once those things are put in place, I can arrange a meeting in person.

    Without those documents there is no going forward, as I said the deals are not on the market.

    Awaiting your response.

  3. Unfortunately, I can’t tell you the maximum amount. My client is looking for hotel assets in Geneva, mainly in the 2 to 3* or 4* category depending on the location and renovations, but he is considering an asset with more than 50 rooms.
    The price should be that of the market according to its category.
    If you have any properties that you would like me to propose to my client, he will get back to me.
    Thanks in advance

  4. Thank you for your response. The average occupancy rate in Geneva is about 80% with higher numbers in 3* hotels.
    Unfortunately the “no budget” part does not help me narrow down the search. A 2 star hotel with 50 rooms and a 4 star hotel with 50 rooms in a similar location may vary in price by millions.

    Thank you for your precisions .

  5. Hello,

    The region you are looking for is Geneva, or the airport, but no further.

    As far as the price is concerned, it’s the market price, there’s no budget but a price/room ratio that’s the market price.

    My client is genuinely looking for a property, so the price is secondary.

    First the location, the number of rooms, the occupancy rate and then the price.

    Best regards

  6. Hello,

    Could you please specify “neighbouring regions of Geneva” and the budget that you have for the hotel?
    Thanks in advance

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