2021

How Did Covid Affect Hospitality Brokerage and Tourism?

This image is just a partial compilation of our 2021 hospitality sales. Our team was on fire and so were buyers! This is Maine, can you blame them for wanting to buy a hospitality business here? We can’t either! Covid caused people from more populated areas to want to move to Maine, with more open […]

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The Lending Climate for Lodging/Hospitality Properties During Covid – Updated

Back in October of 2020, I provided an update on the lending climate during the pandemic. There are no shortage of inn buyers or sellers these days. It’s almost as if the pandemic has placed an opportunity to hit the reset button, giving many a reality check of what’s important.  But are the banks lending?

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UNIQUE SELLING PROPOSITION: What is your USP?

What makes your inn unique? What makes your inn memorable? What makes your inn marketable? A strong USP. Your Unique Selling Proposition. Any time I speak about the Norumbega Inn in Camden, inevitably the response is “OH, the castle, I know that one!”.  Norumbega is an architectural wonder! I personally know from my inn ownership, how important

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