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Five Essential Checkpoints For Successful Buy-Side Due Diligence | By Christopher Boinet & Anne Epinat & Christian Bardet – Hospitality Net
A proverb states that prudence does not avoid all misfortune, but a lack of prudence never fails to attract it. This is why due diligence is a vital step in buying a hotel. In a hotel acquisition context, the term "due diligence" refers to the investigations carried out by the prospective buyer. These investigations focus both on the hotel assets (i.e. the operating building as a whole) and the company that owns these assets or operates the hotel.
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