Sep 16, 2020
The COVID-19 pandemic is having a varied impact on innkeepers around the U.S. In rural areas, there is plenty of activity – both from increased guest bookings and the buying and selling of inns – while urban environments are being challenged.
There are also an increased number of prospective buyers looking to acquire rural properties, and start their lives as innkeepers away from larger cities. In addition, mortgage rates are ideal right now, and some smaller inns are being marketed to large families that aren’t looking to be innkeepers, but looking to live and work remotely in these properties.
For Marilyn Bushnell and Eliot Dalton, who are innkeeping consultants and brokers working with property buyers and sellers, the COVID-19 pandemic has been an interesting time. They have a real “feet on street” perspective on the state of the marketplace, which they share in this podcast.