Your complete guide to hospitality business transactions. Valuations, franchise agreements, and real estate considerations.
Illinois hotels and motels serve business travelers, tourists, and event attendees across the state. Chicago's convention business and statewide tourism create diverse opportunities in the hospitality sector.
Hotels and motels benefit from real estate appreciation, multiple revenue streams, and franchise brand support. Success depends on location, property condition, and operational efficiency.
| Business Type | Multiple/Rate | Basis |
|---|---|---|
| Economy Motel | 6-9% Cap Rate | NOI |
| Midscale Hotel | 7-9% Cap Rate | NOI |
| Full-Service Hotel | 6-8% Cap Rate | NOI |
| Boutique/B&B | 3.0-5.0x | SDE |
Restaurant, meeting space, amenities.
Rooms and basic amenities.
Budget-friendly lodging.
Unique, personalized experience.
Long-term accommodations.
Entertainment destination.
Get expert guidance for your Illinois hospitality transaction.