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What should be considered when leasing a hotel?

  • Writer: H.Genzlinger
    H.Genzlinger
  • Sep 11
  • 3 min read

Hotel leasing offers owners predictable income and operators an attractive opportunity to run a hotel without large investments. But what do you need to consider when leasing? From choosing the right tenant and the lease agreement to questions about inventory and lease term – here you'll learn the most important points and why it makes sense to involve a specialized real estate agent like Absolut Gastronomie Immobilien .


Leasing a hotel - what to consider
Die Suche nach dem richtigen Betreiber ist eine Herausforderung

Leasing a hotel is a strategic decision that presents significant opportunities, but also challenges, for both owners and future tenants. To ensure the long-term success of the lease, both legal and financial aspects should be carefully considered.



Who is eligible to be a tenant?

Depending on the type and size of the hotel, there are different target groups for leasing:

  • Privately owned hoteliers – ideal for smaller boutique hotels or family businesses.

  • Restaurateurs with hotel experience – often interested in country hotels, guesthouses or establishments with attached restaurants.

  • Hotel chains & franchise partners – especially for city hotels, business hotels or hotels with supra-regional potential.

  • Investors with an operator concept – often look for locations where a professional management team can be deployed.



The lease agreement – the heart of the lease

A hotel lease agreement regulates the legal and financial terms and conditions between the lessor and the lessee. Particularly important are:

  • Rent amount & payment terms – fixed, sales-dependent or a mixture.

  • Contract term – typically 5 to 15 years, depending on the investment volume and operator concept.

  • Security deposit – protection for the owner against loss of rent or damage.

  • Maintenance obligations – clear regulations as to which measures are to be borne by the tenant and which by the landlord.

  • Intended use – clear specification that the property is operated as a hotel.



Why a specialist broker like Absolut Gastronomie Immobilien is important

Leasing a hotel differs significantly from traditional commercial real estate. A specialist broker offers decisive advantages:

  • Market knowledge: We know the target groups – from restaurateurs to international hotel groups.

  • Network: Access to operators, investors and brands actively looking for hotels.

  • Negotiation skills: We ensure market-based rents and legally sound contracts.

  • Discretion & reach: Combination of confidential direct contact and broad online marketing.



What is leased along?

In addition to the property itself, a hotel lease usually includes:

  • FF&E (Furniture, Fixtures & Equipment) – furnishings, kitchen technology, equipment.

  • Goodwill – brand name, regular customers, existing booking channels.

  • Licenses & rights – e.g., concessions for restaurants or wellness areas, existing accounts with booking engines, etc.



Why two separate leases make sense

In practice, it is often advisable to conclude two lease agreements:

  1. Property contract – regulates the use of the building, rent amount, and term.

  2. FF&E and Equipment Contract – covers the use of equipment and technology.



The advantage:

  • Transparency in the valuation of property and inventory.

  • Flexibility for both sides, e.g., when replacing or renewing equipment.

  • Tax advantages because inventory can be depreciated separately.



Conclusion

Leasing a hotel is a complex but worthwhile option – both for owners who want to generate secure income and for operators who want to run a hotel without high investment costs.

A specialized partner like Absolut Gastronomie Immobilien ensures that the right tenant is found, a fair lease agreement is concluded, and long-term, successful solutions are created.



FAQ – Frequently asked questions about hotel leasing


1. What does it mean to lease a hotel?

A hotel is leased by the owner to a tenant. The tenant operates the hotel on his own account and pays a monthly rent to the owner.


2. Who is eligible to be a tenant?

Depending on the type of hotel, private individuals, experienced restaurateurs, hotel chains, franchisees or investors with management concepts may be suitable tenants.


3. How long does a hotel lease last?

Typical terms range from 5 to 15 years. These can be negotiated individually depending on the investment volume, location, and concept.


4. What is included in the lease for a hotel?


In addition to the property, furniture, technical equipment (FF&E), trademark rights, licenses as well as existing contracts or booking channels are often transferred.


5. Why do two leases make sense?

It is advisable to conclude a contract for the property and a separate contract for FF&E. This ensures clarity of valuation, allows for tax advantages, and allows for more flexibility in the contracts.


6. Why should you hire a specialist broker?

A specialized broker like Absolut Gastronomie Immobilien knows the industry, has a strong network, and ensures market-based rents, legally secure contracts, and the placement of suitable tenants – discreetly and efficiently.


 
 
 

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Absolut Gastronomy Real Estate

Leopoldstr.31

80802 Munich

Phone: 0155-61149302

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