You Might Be a Wilderness Lodge Owner If… (10 Signs Every Operator Will Recognize)
Jeff Foxworthy built a career telling people how to spot a redneck. I don’t need to tell lodge owners how to spot each other — you already know your people.
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Here’s What a Fly-in Lodge Recently Sold For, and Why the GRM Was Where It Was
I appraise several fly-in fishing lodges every year. Every so often a sale teaches a lesson worth sharing.
What Is a Canadian RV Resort Worth? Cap Rates, GIMs, and EBITDA Ratios from Real Transactions
People ask me what an RV resort is worth all the time. My answer is always the same: it depends on what the financials actually say — not what the owner thinks they say.
What Makes a Canadian Fishing Lodge Worth $5.25M? | Case Study
Formula Case Study · Going-Concern Appraisal Seven Cabins. $1.8 Million. Here’s Their Formula. I recently completed a going-concern appraisal on one of the best-run lodges I’ve seen in a decade of appraising Canadian hospitality properties. The lodge stays anonymous. The… Read More »What Makes a Canadian Fishing Lodge Worth $5.25M? | Case Study
How to Vet an Interested Wilderness Lodge Buyer
How to Vet an Interested Wilderness Lodge Buyer Selling your wilderness lodge as a “For Sale By Owner” (FSBO) can save you money in commission fees, but it also means you’re responsible for separating serious buyers from “tire kickers” –… Read More »How to Vet an Interested Wilderness Lodge Buyer
Housekeeping vs. American Plan: Which Service Model Maximizes Profitability?
Housekeeping vs. American Plan: Which Service Model Maximizes Profitability? When operating a wilderness lodge, one of the most consequential business decisions you’ll make is which service model to offer your guests. The two primary options—Housekeeping Plans and American Plans—create fundamentally… Read More »Housekeeping vs. American Plan: Which Service Model Maximizes Profitability?
Seasonal Operations and Cash Flow Management for Wilderness Lodge Owners
Seasonal Operations and Cash Flow Management for Wilderness Lodge Owners One of the most significant challenges facing wilderness lodge operators is the highly seasonal nature of the business. With peak seasons often lasting just 12-20 weeks, managing cash flow throughout… Read More »Seasonal Operations and Cash Flow Management for Wilderness Lodge Owners
How Motels Are Appraised by Commercial Real Estate Appraisers
How Motels Are Appraised by Commercial Real Estate Appraisers Appraising motels within the commercial real estate market requires a detailed evaluation of multiple factors to determine their fair market value. Commercial real estate appraisers utilize various approaches to provide accurate… Read More »How Motels Are Appraised by Commercial Real Estate Appraisers
Thoughts on Wilderness Lodge Vacation Package Pricing
Thoughts on Wilderness Lodge Vacation Package Pricing At the local community center the swim lanes are labelled: Slow, Medium and Fast. The medium (average speed) lane is always the most full. People are able to convince themselves they’re either a… Read More »Thoughts on Wilderness Lodge Vacation Package Pricing
Sell Your Hotel or Motel with Confidence
Sell your hotel or motel with confidence. FrontierHospitality.ca is making it simpler to sell your hotel or motel and move forward.
Caveat Emptor: Wilderness Lodge Buyers, Do Your Due Diligence
Caveat Emptor: Wilderness Lodge Buyers, Do Your Due Diligence These critical steps should be considered before acquiring a wilderness lodge. If you’re not familiar with the concept of caveat emptor, it puts the onus of inspection and transaction risk firmly… Read More »Caveat Emptor: Wilderness Lodge Buyers, Do Your Due Diligence
EBITDA Ratios in the Wilderness Lodge Industry
EBITDA Ratios in the Wilderness Lodge Industry EBITDA means Earnings Before Interest, Taxes, Depreciation, and Amortization. It defines how much the Wilderness Lodge is making in profit after expenses and is one of the most used financial health indicators in… Read More »EBITDA Ratios in the Wilderness Lodge Industry
This is How Much Revenue Wilderness Lodges Make
This is How Much Revenue Wilderness Lodges Make Both current wilderness lodge owners and prospective buyers want to know how much revenue these businesses can make. This article will answer that question. Below I’ve laid out some revenue data and… Read More »This is How Much Revenue Wilderness Lodges Make
Valuation Multiples For Lodges or Resorts
Valuation Multiples For Lodges or Resorts The gross revenue multiplier approach to estimating market value is a simplified method that can be used for estimating the market value of a lodge or resort. It analyzes comparable lodge or resort sales… Read More »Valuation Multiples For Lodges or Resorts
Lodge and Resort Sale Non-Disclosure Agreement
Lodge and Resort Sale Non-Disclosure Agreement In the lodge and resort industry, Non-Disclosure Agreements (NDAs) play a crucial role in maintaining confidentiality during the sale process. A well-structured NDA ensures that sensitive information is safeguarded from unauthorized access and disclosure.… Read More »Lodge and Resort Sale Non-Disclosure Agreement
Lodge and Resort Purchase/Sale Letter of Intent Template
Lodge and Resort Purchase/Sale Letter of Intent Template Using a letter of intent when purchasing a Lodge or Resort is a good idea for several reasons. Here are some of the advantages: 1. Clarity of Intent: A letter of intent… Read More »Lodge and Resort Purchase/Sale Letter of Intent Template
Lodge and Resort Purchase/Sale Due Diligence Checklist
Lodge and Resort Purchase/Sale Due Diligence Checklist In a fishing hunting lodge or resort real estate transaction, “due diligence” refers to the process of investigating and verifying information about a property before completing the sale. It is a critical step… Read More »Lodge and Resort Purchase/Sale Due Diligence Checklist
Lodge and Resort Sale Information Package Template
Lodge and Resort Sale Information Package Template A sale information package is a collection of documents and data that provide potential buyers with detailed information about a lodge or resort property that is for sale. Here are some reasons why… Read More »Lodge and Resort Sale Information Package Template
Lodge and Resort Sale Communications Plan Template
Lodge and Resort Sale Communications Plan Template In the dynamic landscape of business, change is inevitable. When the torch of ownership is passed on, effective communication becomes paramount. A business sale communication plan serves as the linchpin in this intricate… Read More »Lodge and Resort Sale Communications Plan Template
Top 5 Hotel, Motel and Inn Management Services
Top 5 Hotel, Motel and Inn Management Services Hotels, Motels & Inns need good management to ensure efficient and profitable operation, as well as to provide high-quality service to guests. Good management involves effectively managing staff, finances, and operations, as… Read More »Top 5 Hotel, Motel and Inn Management Services
Top 5 Hotel, Motel and Inn Internet Marketing Agencies
Top 5 Hotel, Motel and Inn Internet Marketing Agencies Here’s our Top 5 internet marketing agencies helping Hotels, Motels and Inns improve their online reach and increase the return on investment of their marketing dollars: Top 5 Hotel, Motel and… Read More »Top 5 Hotel, Motel and Inn Internet Marketing Agencies
Top 5 Hotel, Motel and Inn Insurance Providers
Top 5 Hotel, Motel and Inn Insurance Providers Valuable assets like hotels, motels and inns need a specialized insurance policy. These Top 5 insurance providers will show you different insurance policies that are suitable for your business at a competitive… Read More »Top 5 Hotel, Motel and Inn Insurance Providers
Top 5 Fishing Hunting Lodge, RV Park and Resort Sport Shows to Attend
Top 5 Fishing Hunting Lodge, RV Park and Resort Sport Shows to Attend Trade shows put you and your team down on the ground, face to face with your market in a way that few other events or marketing channels… Read More »Top 5 Fishing Hunting Lodge, RV Park and Resort Sport Shows to Attend
Top 5 Fishing Hunting Lodge, RV Park and Resort Promotional Products & Souvenirs Providers
Top 5 Fishing Hunting Lodge, RV Park and Resort Promotional Products & Souvenirs Providers Promotional products and souvenirs are an excellent way to promote your business. These items increase brand awareness and build brand loyalty–all while being cost-effective! Top 5… Read More »Top 5 Fishing Hunting Lodge, RV Park and Resort Promotional Products & Souvenirs Providers
Top 5 Fishing Hunting Lodge, RV Park and Resort Internet Marketing Agencies
Top 5 Fishing Hunting Lodge, RV Park and Resort Internet Marketing Agencies Here’s our Top 5 internet marketing agencies helping Fishing Hunting Lodges, RV Parks and Resorts improve their online reach and increase the return on investment of their marketing… Read More »Top 5 Fishing Hunting Lodge, RV Park and Resort Internet Marketing Agencies
Top 5 Lodge, RV Park and Resort Insurance Providers
Top 5 Fishing Hunting Lodge, RV Park and Resort Insurance Providers Valuable assets like fishing hunting lodges, RV Parks and resorts need a specialized insurance policy. These Top 5 insurance providers will show you different insurance policies that are suitable… Read More »Top 5 Lodge, RV Park and Resort Insurance Providers
British Columbia Hotel, Motel & Inn Industry Associations
British Columbia Hotel, Motel & Inn Industry Associations Bryce Witherspoon, BA, AACI, P. App Phone: 1.800.592.1349 E-mail: bryce@frontierhospitality.ca Address: 129 Nanaimo Ave W, Penticton, BC Specialized Hotel, Motel & Inn Services Real Estate Appraisals, Business Exit Solution and Economics &… Read More »British Columbia Hotel, Motel & Inn Industry Associations
Northern Ontario Lodge & Resort Sales Data
Northern Ontario Lodge & Resort Sales Data Knowing the price range that the majority of lodge and resort sales fall within is very beneficial to both current owners and interested buyers. Most lodges and resorts are sold privately with owners… Read More »Northern Ontario Lodge & Resort Sales Data
Lodge and Resort Selling Price Vs Asking Price Ratio
Lodge & Resort Selling Price Vs Asking Price Ratio The selling-price to asking-price ratio, expressed as a percentage, is one of the most important statistics available. Sold to ask ratio is simply calculating the percentage of asking price that a… Read More »Lodge and Resort Selling Price Vs Asking Price Ratio
How Much Did Lodge and Resort Revenue Decrease in 2020?
How Much Did Lodge and Resort Revenue Decrease in 2020? In March 2020, the Canadian Government imposed travel restrictions and border closures aimed at containing COVID-19. This brought travel to and from Canada to a near standstill. Some restrictions affected… Read More »How Much Did Lodge and Resort Revenue Decrease in 2020?
Vancouver Coast Mountains BC Hotel, Motel & Inn Industry Overview
Vancouver, Coast & Mountains Hotel, Motel & Inn Industry Overview Phone: 1.800.592.1349E-mail: bryce@frontierhospitality.ca Vancouver, Coast & Mountains Region Hotel, Motel & Inn Industry Overview Hotel/Motel Rooms Available in Metro Vancouver More than half of all traveller nights in the Vancouver,… Read More »Vancouver Coast Mountains BC Hotel, Motel & Inn Industry Overview
Cariboo Chilcotin Coast BC Hotel, Motel & Inn Industry Overview
Cariboo-Chilcotin-Coast Hotel, Motel & Inn Industry Overview Phone: 1.800.592.1349E-mail: bryce@frontierhospitality.ca Cariboo-Chilcotin-Coast Hotel, Motel & Inn Industry Overview About This Tourism Region British Columbia’s “Land Without Limits” covers 105,000 km2 of the province, which includes the diverse landscape of three distinct… Read More »Cariboo Chilcotin Coast BC Hotel, Motel & Inn Industry Overview
Special Interest Purchasers in the Fishing & Hunting Lodge and Resort Industry
Special Interest Purchasers in the Fishing & Hunting Lodge and Resort Industry It is the goal of any fishing & hunting lodge or resort seller to maximize the selling price. From a buyer’s perspective, the alignment of the target business… Read More »Special Interest Purchasers in the Fishing & Hunting Lodge and Resort Industry
Kootenay Rockies BC Hotel, Motel & Inn Industry Overview
Kootenay Rockies Hotel, Motel & Inn Industry Overview Phone: 1.800.592.1349E-mail: bryce@frontierhospitality.ca Kootenay Rockies Hotel, Motel & Inn Industry Overview Accommodation Supply There are 298 accommodation establishments in the Kootenay Rockies Tourism Region offering a total of 7,387 units for overnight… Read More »Kootenay Rockies BC Hotel, Motel & Inn Industry Overview
Experience Life Operating an Off-the-Grid Remote Fishing Lodge
Experience Life Operating an Off-the-Grid Remote Fishing Lodge Nature allows us to disconnect from the fast-paced technological world we’re used to and connect with our more primal instincts. Buying and operating a remote fishing lodge is a dream for a… Read More »Experience Life Operating an Off-the-Grid Remote Fishing Lodge
Northern BC Hotel, Motel & Inn Industry Overview
Northern BC Hotel, Motel & Inn Industry Overview Phone: 1.800.592.1349E-mail: bryce@frontierhospitality.ca Northern BC Hotel, Motel & Inn Industry Overview Top Markets British Columbia residents make up the largest share of overnight visitation (76%) and spending (56%) in the Northern British… Read More »Northern BC Hotel, Motel & Inn Industry Overview
Running a Remote Tourism Lodge – What it’s Like
Running a Remote Tourism Lodge – What It’s Like Most remote tourism lodge owners would agree with the statement “you need to be the right kind of crazy” to operate one of these businesses. I’ve never operated a remote tourism… Read More »Running a Remote Tourism Lodge – What it’s Like
Outlook for the Canadian Lodge & Resort Industry
Outlook for the Canadian Lodge & Resort Industry Examining the Impact of Covid-19 on Industry Performance Lodge and resort owners are a resilient group primarily made up of passionate owner operators. The uncertainty and challenges these owners have had to… Read More »Outlook for the Canadian Lodge & Resort Industry
The Highest Lodge Net Profit Margin I Have Ever Seen
The Highest Lodge Net Profit Margin I Have Ever Seen Net profit margin is the amount of revenue left over after accounting for expenses and is expressed as a percentage. The below graph displays the typical net profit margin… Read More »The Highest Lodge Net Profit Margin I Have Ever Seen
Have Lodges and Resorts Lost Value Due to COVID-19? Not Necessarily.
Have Lodges and Resorts Lost Value Due to COVID-19? Not Necessarily. Last year many lodges had negative or abnormally low earnings making them more difficult to value than a lodge with positive earnings. Currently, there is numerous opportunistic funds lined… Read More »Have Lodges and Resorts Lost Value Due to COVID-19? Not Necessarily.
British Columbia Hotel, Motel & Inn Industry Research Reports
A comprehensive database of British Columbia Hotel, Motel & Inn Industry Research Reports. These reports offer useful information for current industry participants as well as those interested in entering the British Columbia hospitality industry. Thompson Okanagan: Penticton Destination Marketing Strategy… Read More »British Columbia Hotel, Motel & Inn Industry Research Reports
Vancouver Island BC Hotel, Motel & Inn Industry Overview
Vancouver Island Hotel, Motel & Inn Industry Overview Phone: 1.800.592.1349E-mail: bryce@frontierhospitality.ca Vancouver Island Hotel, Motel & Inn Industry Overview Accommodation Supply There are approximately 641 lodging properties located in the Vancouver Island tourism region. There are more properties classified as… Read More »Vancouver Island BC Hotel, Motel & Inn Industry Overview
Thompson Okanagan BC Hotel & Motel Sales Data and Analysis
Thompson Okanagan BC Hotel & Motel Sales Data and Analysis The following overview of the Hotel & Motel investment market during recent industry investment cycles provides a context for the following analysis. The volume of Hotel & Motel transactions and… Read More »Thompson Okanagan BC Hotel & Motel Sales Data and Analysis
A New Way to Buy (and Sell) a Fishing & Hunting Lodge
A New Way to Buy (and Sell) a Fishing & Hunting Lodge Interested fishing & hunting lodge buyers I speak with generally fall into one of four categories: Buyers who want to purchase a lodge and operate it themselves as… Read More »A New Way to Buy (and Sell) a Fishing & Hunting Lodge
Fishing Hunting Lodge, RV Park & Resort Industry Research Reports
A comprehensive database of Fishing & Hunting Lodge, Marina & Resort Industry Research Reports. These reports offer useful information for current industry participants as well as those interested in entering the resource based tourism industry. The Economic Impacts of Outfitting… Read More »Fishing Hunting Lodge, RV Park & Resort Industry Research Reports
The Return of the Fishing Hunting Lodge and Resort industry
The Return of the Fishing & Hunting Lodge and Resort industry COVID-19 and the resulting government intervention hit the Canadian fishing & hunting lodge and resort industry first and hardest. Lodge and resort businesses help Canada attract incredibly lucrative international… Read More »The Return of the Fishing Hunting Lodge and Resort industry
How Much Do Other Lodges & Resorts Spend on Advertising & Promotion?
How Much Do Other Lodges & Resorts Spend on Advertising & Promotion? Henry Ford once said, “A man who stops advertising to save money is like a man who stops a clock to save time.” Advertising is an integral part… Read More »How Much Do Other Lodges & Resorts Spend on Advertising & Promotion?
10 Common Mistakes Made When Buying a Fishing & Hunting Lodge, Camp or Resort
10 Common Mistakes Made When Buying a Fishing & Hunting Lodge, Camp or Resort Buying a fishing & hunting lodge, camp or resort is different than buying other types of businesses and there are more variables to consider. Not considering… Read More »10 Common Mistakes Made When Buying a Fishing & Hunting Lodge, Camp or Resort
12 Ways to Soften COVID-19’s Impact on Canadian Fishing & Hunting Lodge, Camp & Resort Operations
12 Ways to Soften COVID-19’s Impact on Canadian Fishing & Hunting Lodge, Camp & Resort Operations Fishing & Hunting Lodges, Camps and Resorts are Often the Canary in the Coal Mine of the Canadian Economy. Prime Minister Trudeau has closed… Read More »12 Ways to Soften COVID-19’s Impact on Canadian Fishing & Hunting Lodge, Camp & Resort Operations
Overview of the Outdoor Tourism Industry in the Nipissing District of Ontario
Overview of the Outdoor Tourism Industry in the Nipissing District of Ontario OUTDOOR TOURISM INDUSTRY IN NIPISSING: TOURISM ACTIVITY The size and shape of the tourism industry depends on how many visitors there are, where and how long they stay,… Read More »Overview of the Outdoor Tourism Industry in the Nipissing District of Ontario