The hotel industry is booming
Hotel investments are becoming increasingly popular in the UK, as more and more investors are seeing the benefits of putting their money into an establishment that's already up and running, removing the need to wait before you start making an income.
This hotel is certaintly a profitable establishment. It offers fine dining, wedding and other event venues and beautiful bedrooms in a scenic and rural setting, only a stone's throw from the quaint town of Darlington.
The hotel industry as a whole is blossoming. It's currently worth an estimated £40bn, which is expected to increase even further in 2016. Occupancy was forecast to hit a record-breaking 77% and revenue per available room set to increase by 4.2% in 2016.
Aside from the figures, there are plenty of reasons to invest in hotel rooms, primarily that it's a hands-off investment.