Buy room 387

Tourism & Travel Published on 1 January 2006 in Tourism & Travel

Consumers becoming participants is one of the big evolving themes for 2006, so we thought it fitting to highlight UK based Guest Invest, who offer individuals the opportunity to own a fully managed, luxury London hotel room, ranging in price from GBP 140.000 - 300.000 (USD 243-520K / EUR 204-436K) for a 999 year lease. The revenue is split between the indvidual and Guest Invest, and owners enjoy the added benefit of being able to stay in their own room for a maximum of 52 nights a year for a small fee. Currently, Guest Invest has hotels in Cheltenham, Exeter, Manchester, Brighton, and London, with Liverpool to follow soon. Guest Invest hotels in India are apparently also in the works.

Springwise knows that the concept of customer-owners has been around for a while, and relatd spottings continue to pour in: check out London's uber premium M1NT club on prestigious Sloane Street, which is owned and frequented by 250 shareholders, who all share in the bar's profits. Or re-read earlier featured Brewtopia in Australia, a beer label handing out shares in their brewery with every purchase customers make. All great excuses for customer-owners to travel and party more often.

Opportunities

From Australia to China, consumers across the board are obsessed with owning their homes, while prosperous boomers in North America and Europe are snapping up pieds-à-terre from New York to Amsterdam, fully equipped second homes in the South of France, or condominiums in Miami. In this new Owner Society, and with stock markets still too volatile, owning a piece of anything solid, while enjoying 'dividends' that are fun and relevant, should create an entirely new market for customer-owned concepts. What part of your business can you sell off to your customers?

Comments on this idea:

Seen something very similar implemented at Royal Plams at Mumbai India two years ago. The new township had residential and hotel space. People could own a one room condo in various interior eg. Egypt, Bangkok, Indian etc. at 9 Lac. and were givin a return of 9 % on there investment. Also, allowed to stay for some number of days(I dont remember now) in the condos.
Small world, amazing how people around the world can think of similar ideas at the same time.

There is an opportunity at present to invest in a new 5 star hotel in a prime locations in India.
The concept of guest invest can easily be applied here.
Here investors can enjoy a return in their investment of 10% or more. Top hotels enjoy international rate while being run on 3 world costs.
We are looking for an investor who would like to explore this posibility.

In reference to the posting of R Phull, we have an investor ready to invest in a star hotel project. Please contact us at nwventures@hotmail.com for details.

Mr. Phull,

I'm interested. Please contact me at my e-mail ajayrathi@yahoo.com.

it's a good idea,.. but I have a better one. let "not millionaire people" to have the same opportunity. have you got any room on sale in a 2-3 stars hotel? :( ?

I have a unique type of hotel in torquay ,not for millionaires,we are introducing a similar scheme suitable for smaller budgets.We have 30 bedrooms to release/invest in, please contact me at lansdownehotel@ aol.com for details '

Is that Torquay in Victoria Australia Sue?

Is anyone aware of similar guest invest like schemes in NewYork? I would be very interested if anyone could provide information on any current/future schemes in NewYork or other major USA cities.

hello i offer the same opportunity in cancun mexico for a budget of 100,000 usd per room.

for more information please contact me to

leonardomariles@prodigy.net.mx

I would also be interested in a scheme in New York such as GuestInvest....if it does exist?

About Springwise

Springwise and its network of 8,000 spotters scan the globe for smart new business ideas, delivering instant inspiration to entrepreneurial minds.
Time to start the next big thing!

Free newsletter

Don't miss a single
new business idea:
sign up for our
weekly newsletter.

Next issue due
24 March 2010.

You can also subscribe to our RSS feed.

Or follow us on