Boutique hotels for sale - and built properties with that potenital
-
A perennial question and obviously subject to reasonable personal interpretation!
We would consider boutique hotels to have some size element - probably any property with more than 20 rooms would be pushing it.
There’s also a style element - a boutique hotel would generally have bedrooms and other spaces that are uniquely designed, ideally with the personal input of the owner.
We’d tend to consider properties part of a chain (or under a collective brand) not to be authentically 'boutique’ - even though they might still satisfy those criteria above.
It’s perhaps not worth getting too fussed about but those would be our simple definitions. -
We market several properties for sale that have run as large villas, or smaller guesthouses and some of these we see as having potential to operate as boutique hotels - by that definition above.
They may have space to expand, or be running in a style that, with some changes, could ‘upgrade’ to that of a boutique hotel property. -
For our sakes we consider any rental property that only rents as a single unit as a ‘villa’.
If the property rents out individual rooms and runs an operation that caters well to that setup throughout the year, we would think it (most likely) a boutique hotel.