Apparently, true luxury is only $50 away https://www.amazon.com/dp/B001M067OK/ref=psdc_5426...The name is pretty good too.

Likewise, coziness or lodge style is extra appealing.

If you have a place that is nearby, convenient, or "luxurious," students will pay for it. 

Remember, we are in downtrend currently and property values are declining albeit at a slow pace (other than luxury properties).

Repairs seem to escalate on the better homes it costs more to repair and I have experience with both luxury and low income properties.

As a commercial hard money lender I can tell you that out of 300 loans I've made in the last 9 years only 3 have been lodgings.

We are looking at doing a 10 unit development of luxury apartments and are trying to understand market demand, pricing, and direction.

The specific area that this property is in is one block from the downtown area where it's up and coming (i.e vacant lots undergoing ground up construction for 'luxury' condominiums).

We have kept our pipeline pretty full with hospitality (most recently: Florent, Voltaire Beach House, Golden State Brewing, Whiskey Girl, Double Deuce, Rabbit Hole, to name a few), luxury residential remodel, and office renovation, but are constantly trying to identify good opportunities.

There is everything from ultra luxury full service like the Plaza in New York all the way down to the limited service "bottom of the brand" Knights Inn or the mom and pops that are run by live-in owners.If you purchase a branded or "flagged" property, you will need to comply with the franchise agreement.