Hotels range from residential properties converted to bed and breakfast use to purpose built premises with hundreds of bedrooms. Some properties require no work and can continue to run and turn a profit while the sale is carried out. Others require work and investment before they can operate, but offer broad scope for development. Budget hotels with basic facilities are popular for overnight stays, especially when they are located near a motorway junction, port or airport, while boutique hotels offer a luxurious and personal experience in an urban or rural setting.
