Advantage and disadvantage of investing one bedroom in Hotel?

Question

For me is new:

an opportunity to own one bedroom suite in a Hotel.

I know the advantage is: I can use the pool of Hotel, and do not worry about the cost of maintenance. Still any advantage?

Any Disadvantage?

Answer 1

it depends on price, location. and your income. if you can afford it that is fine.  but remember a one bedroom has little resale value.  good luck

Answer 2

Not sure where you got the 'not worry about the cost of maintenance' from

Every Hotel I know employs hundreds of staff (especially cleaners etc) and incurs thousands in costs (especially laundry) maintaining the rooms

Just like 'time share' (of which I suspect this is a form) the 'maintenance' costs charged to 'investors' can often exceed any income generated by letting the room out (indeed, the annual costs of time-share maintenance often exceed the costs of renting a similar apartment in the same resort for a 4 week holiday).

If you are not using it yourself all the time, I assume you expect the Hotel to let it out to guests on your behalf and generate some income .. this can be variable (Hotels never run at 100% occupancy, and plainly they will want to let their own rooms before letting yours ..)

The only advantages I can think of is that you have Restaurant, room-service and a bar 'within walking distance' and, if you stay all the time, you will be living at 'no fixed abode' & can thus avoid some costs (such as Council Tax).