Real estate profitability in recreational sphere in Switzerland
The question about profitability of hotels in Switzerland is not correct. Hotel business is subject to influence of external factors (for example, weather conditions, mood and solvency of the population) which essentially affect fillability, and consequently, profitability of hotels.
Also the big influence on profitability is exerted with professionalism of the manager, organization of the control of hotel’s activity.
If foreign investor does not have experience or special education in hotel and restaurant business, he is not recommended to buy hotel or restaurant in Switzerland.
Inexperienced investors frequently ask: “I want to buy hotel what will be the profitability?” Or: “What are the dues of the hotel in percentage from the turnover?” All these questions are not absolutely, because the sum of annually paid taxes, for example, depends on the art to minimize taxable base by means of various allowances.
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