Novice to hotel investing, looking for information

[Craig Kamman]

Given the market condition for the hospitality industry, it seems likely there might be opportunities to purchase hotels at a reduced price.

What vacancy rate does one use for analyzing the hotel?

Are there management companies available to manage the property?  Is so, what are their fees or rates?

What type of financing is available for hotels?

Does anyone have any experience or insight to point me in the right direction?