Real Estate Terms Archives

Opportunity vs. Potential in Inn Investment: Understanding ROI When Buying an Inn

Financials, Innkeeping Business, Inns for Sale, Operations, Real Estate Terms / Eben Viens

Opportunity vs. Potential in Inn Investment Buyers evaluating an Inn, Bed & Breakfast, or boutique hotel often hear the term “tremendous potential.” But it’s crucial to understand the difference between opportunity vs. potential in inn investment — a distinction that directly influences ROI, risk, and your timeline for meaningful business growth. Confusing the two can […]

Opportunity vs. Potential in Inn Investment: Understanding ROI When Buying an Inn Read More »

F is for Feasible Inn for Sale

Innkeeping Business, Inns for Sale, Real Estate Terms / Eben Viens

Unlike lifestyle or financially viable inns, by “feasible” we mean “properties with a size and location that have the realistic potential to become financially viable. They may include unique hospitality properties that are distressed, closed, under-performing, or currently used for other purposes.” What kinds of bed & breakfasts are we talking about?

F is for Feasible Inn for Sale Read More »

V is for Values in Business

Innkeeping Business, Real Estate Terms / Eben Viens

We all like to think that we are being treated “the right way.” One can argue that “the right way” may vary from person to person, as what is “right” for one person may not be so for another. But there are some fundamental practices that embody values and “the right way” to treat others in business. In the simplest and broadest sense, being honest is core to the concept of values. Honesty is not subjective; either someone is telling the truth, or they are not.

V is for Values in Business Read More »

Calculating Occupancy for a Bed & Breakfast

Financials, Innkeeping Business, Real Estate Terms / Eben Viens

Occupancy rates are used throughout the bed and breakfast industry to indicate how often rooms are occupied. How occupancy is calculated is a mystery to many current and aspiring innkeepers, but it’s really very simple if you know what the rules are. The first rule is that a year always has 365 days except for

Calculating Occupancy for a Bed & Breakfast Read More »