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For buyers · ResortWealth Hotel Desk

Hotels & Resorts for Sale in India

Verified. Confidential. Fair.

Buy an operating hotel, a resort, a heritage property or build-ready hotel land — from boutique resorts to ₹100 Cr+ hotels. Every hotel for sale on our desk is checked before you see it, every buyer gets the same documents, and our fee is agreed in writing before anything confidential changes hands.

  • Paperwork checked first
  • Same data room for every buyer
  • Fee agreed in writing
The Fair Deal Charter

Six promises to every buyer

Hotel purchases in India go wrong in the same places: a "running hotel" whose numbers do not hold up, a price inflated by a chain of brokers, a title problem found after the token, and nobody sure whom the broker is really working for. Our process is built to remove each of those.

01

Checked before you see it

Before a hotel reaches you we review the title chain, land-use status, building approvals and licences, and check the trading numbers against GST returns and accounts — and we show you exactly what is verified and what is still being checked.

02

The same facts as every other buyer

Every qualified buyer gets the same information memorandum and data room. No separate "broker price", no different story for different buyers.

03

Fee in writing, first

Before you see anything confidential you know our fee, who pays it and whom we act for — in writing.

04

Your name stays private

Your identity, budget and interest are not shared with owners or other brokers until you agree. We never pass your brief around.

05

Only what fits your brief

You receive hotels that match your budget, geography and asset type — not a blast list of everything on the market.

06

The numbers behind the price

Every asking price comes with the per-key, earnings, replacement-cost and land view behind it, so you can judge it yourself before you make an offer.

On Our Desk

Hotels, resorts and hotel land for sale

Most hotels are shared privately first

Owners selling an operating hotel rarely advertise it — a public listing unsettles staff, guests and lenders. So most hotels for sale on our desk go to registered buyers under NDA before they ever appear here, and some never appear at all. Register your brief and you hear about matching hotels first.

  • Operating hotels & resorts
  • Heritage havelis & palaces
  • Hotel land with conversion
  • Stalled & under-construction projects
  • Register as a buyer
What You Can Buy

Whole assets, not units

Alongside single resort units for investors, our hotel desk handles complete properties — the hotel, its land and its business.

Trading history

Operating hotels

City, business and transit hotels with a track record — judged on what they earn, not on what the brochure says.

Leisure & wellness

Resorts

Destination, wellness and weekend resorts across Rajasthan, Goa, the hills and South India.

Rajasthan-first

Heritage properties

Havelis, forts and palaces with hospitality potential — where title history and conversion need the closest check.

Build-ready

Hotel land

Land with hospitality conversion or approvals in place, in markets with proven demand. See our land advisory.

Value-add

Stalled projects

Partly built hotels that need capital or a new owner — often the best entry price, if the approvals are clean.

Repositioning

Hotels to rebrand

Independent hotels that would trade better under a brand — we can introduce operators and model the change.

Who We Work With

Built for serious hotel buyers

Whether it is your first hotel or your tenth, the route is the same: brief, verified teasers, NDA, data room, visit, offer.

HNIs & family offices

A yield asset with a trading history, or a heritage property to hold for a generation.

Hotel chains & operators

Owned or leased inventory in new markets, conversions and build-to-suit sites.

NRIs & overseas Indians

A hospitality asset back home, bought through the right FEMA route — hotels yes, agricultural land no.

Developers & funds

Hotel land, stalled projects and value-add assets with a clear plan to stabilise.

How Buying Works

Nine steps from your brief to the keys

Each step has a document behind it, so nothing depends on anyone's word.

01

Your buying brief

Budget, geography, asset type and timeline — shared in confidence.

02

Matching

We match your brief against the hotels on our desk, including those never listed publicly.

03

Anonymised teasers

Region, keys, land and headline figures — enough to judge fit before anything else.

04

NDA & capacity check

A simple NDA and proof of capacity — this is what opens the owner's full data room.

05

Information memorandum

Three years of numbers, approvals, licences, contracts and the verification status — the same for every buyer.

06

Site visit & owner meeting

Discreet visits scheduled with the owner, plus a management meeting.

07

Price check

Per-key comparables, an earnings multiple, replacement cost and land value — side by side.

08

Letter of intent

Price, structure, timelines and conditions in writing; any token only on agreed, documented terms.

09

Diligence to handover

Legal, financial and technical due diligence, the agreement, registration or share transfer, licence transfers and handover.

Judging the Asking Price

Four lenses, side by side

No single number is "the" value of a hotel. Before you make an offer, look at all four — a fair price sits where they overlap.

Per key

The price divided by rooms, compared with recent deals in the same market and segment.

price ÷ keys

Earnings

A multiple of stabilised EBITDA — what the business earns after running costs.

EBITDA × market multiple

Replacement cost

What it would cost today to buy the land, build the same hotel and ramp it up.

land + build + ramp-up

Land & potential

For hotel land or under-used assets: land value, permitted FAR and conversion status.

land + approved potential
Deal Structure

Buy the asset, the business or the company?

How you buy changes stamp duty, tax, licences and risk more than most buyers expect. The broad differences:

Asset purchaseSlump saleShare purchase
What you buyLand, building and equipmentThe whole hotel business as one going concernThe company that owns the hotel
Past liabilitiesGenerally stay with the sellerMove to you with the business unless carved outStay inside the company — so they become yours
Stamp dutyOn the property value, at the state rateOn the property component, at the state rateFar lower — on the share transfer
LicencesRe-issued or transferredRe-issued or transferredUsually continue — check change-of-control terms

General information, not tax or legal advice — structure every deal with your CA and lawyer.

Buyer's Checklist

What to check before you pay a token

We check these before a hotel reaches you, and the data room shows the status of each. Go over every line again with your own lawyer and CA.

  • Title chain and encumbrance certificate
  • Land-use conversion / CLU and zoning
  • Approved plans and completion / occupancy certificate
  • Fire NOC and pollution consents — valid and renewable
  • FSSAI, bar / excise and tourism licences — and whether they transfer
  • Three years of audited accounts, reconciled with GST returns
  • Monthly occupancy, average room rate and revenue mix
  • Staff, payroll, PF / ESI dues and HR liabilities
  • Brand, management and OTA contracts — exit and change-of-control terms
  • Loans, registered charges, litigation and unpaid dues
Questions

Buying a hotel — straight answers

Who pays your fee — the buyer or the seller?

It depends on the mandate, and you will know before you see anything confidential. Our fee, who pays it and whom we act for are agreed in writing first.

How do I get the full details of a hotel that is for sale?

Every property starts as an anonymised teaser — type, region, size and headline numbers. If it fits your brief, you sign an NDA and we confirm your identity and capacity; then you receive the information memorandum, access to the data room and a site-visit slot.

Why do you ask for an NDA and proof of capacity?

Owners selling an operating hotel need discretion — a leak unsettles staff, guests and lenders. An NDA and a simple capacity check are what open the full data room and a meeting with the owner; without them most owners will not share documents.

What is the difference between an asset purchase, a slump sale and a share purchase?

In an asset purchase you buy the land, building and equipment, and past liabilities generally stay with the seller. In a slump sale you take over the whole hotel business as one going concern for a lump-sum price. In a share purchase you buy the company that owns the hotel, so licences usually continue, but every past liability stays inside the company and becomes yours — which is why it needs the deepest due diligence. Stamp duty and tax differ a lot between the three, so structure it with your CA and lawyer.

Can NRIs or foreign investors buy a hotel in India?

NRIs and OCIs can buy commercial property such as a hotel or resort in India, but not agricultural land, plantations or farmhouses. Foreign investors usually invest through an Indian company; foreign direct investment in hotels and tourism is permitted under the automatic route. Confirm the exact route with a FEMA adviser before you sign anything.

How long does it take to buy a hotel?

Usually a few months. Teasers and the information memorandum can follow within weeks of your brief; after a site visit and a letter of intent, due diligence and documentation typically take one to three months. Clean title and complete paperwork shorten it; missing approvals stall it.

How do I know the asking price is fair?

Compare four views: the price per key against comparable deals, a multiple of stabilised EBITDA, the replacement cost of building the same hotel today, and the land value. A fair price sits where they overlap — and we put all four in front of you for every hotel.

Do you also have hotel land and stalled projects?

Yes — land with hospitality conversion or approvals, partly built hotels, and independent hotels that could take a brand. For land in Rajasthan, see our land advisory as well.

What should I check before paying a token?

Never pay a token without a letter of intent that fixes the price, structure, conditions and refund terms. Before that, check the title chain and encumbrance certificate, land use and CLU, approvals and the occupancy certificate, licences, three years of accounts against GST returns, staff liabilities, contracts, loans and litigation.

For buyers

Share your buying brief

Tell us what you want to buy. We reply on WhatsApp with hotels that match — shared under NDA.

Your brief goes only to the ResortWealth hotel desk — never to a list, never to another broker.
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