21 Dec 2021
Where can you sell second-hand hotel equipment?
When hotels go through a refurbishment, buy-out or even site closure there are hundreds of assets remaining that need to be disposed of that still hold considerable value. Rather than paying a clearance company to remove the equipment at high costs, an online auction for the items can be ran which will raise considerable funds and ensure the equipment gets a second life by being reused in a sustainable manner.
How NCM Auctions sell hotel equipment
The process is transparent, cost-free and 100% managed by our experienced operations and marketing in-house auction team. We can work with a few weeks notice, or plan for months in advance to ensure you achieve the maximum financial return for your hotel assets. Following an initial free consultation by phone, we will ask you to build a simple equipment list so we can see how many, and what type of equipment you have to sell. We complete a desktop valuation for your review before sending in our experienced valuations and lotting team to confirm the final inventory and take pictures and descriptions of the equipment so we can build an online auction catalogue. The auction then runs for a period of time in-line with your requirements, after which we organise the payment and collections process with all the buyers. Once all the auction lots have been collected, we transfer you the funds raised minus the operational costs, our sellers commission and the marketing costs that we agree prior to signing an auction contract.
What hotel equipment sells well on auction?
The short answer is that there is a buyer for everything, and we have hundreds of thousands of active buyers who regularly purchase second-hand hotel equipment. Naturally, the higher value items are the main draw for our hotel auction marketing. The most sought after items include catering equipment, expensive furniture and items of restaurant and conferencing furniture that can be purchased in bulk amounts. However everything from pillows and rugs to lamp shades and decorations will sell. In the event that the hotel is going through a total rip-out or site closure then fixtures and fittings such as the reception, bars, servery's and even fire doors and emergency lighting will be purchased. Running a hotel auction with us will considerably lower your clearance costs and in some cases, you can even end up in profit.
What hotels have we worked with before?
Over the last few years we have sold hotel equipment for the Dominvs Group, Best Western Hotels, ACE Hotel London, Como Hotels and Resorts and the Cosmopolitan Hotel. We work with clients all over the UK and the funds raised normally range between £25,000 and £100,000.
How to get started
All our auctions start with a friendly phone call where we discuss your requirements and then book a short online presentation where we can explain how the full process works in more detail. You can view our live auctions or contact us on the buttons below.
A bit more about how we work
Where our clients can give us early access to the venue, we always try to produce an auction launch video. Below is an example from when we worked with Twitter UK to sell their office furniture and catering equipment. We tell buyers what the auction is about, what can be bought and when it will be live.
Sustainability Focused Buyer Stories
At NCM Auctions we are always in pursuit of innovative ways to improve our service. Our hotel and wider clients tell us that sustainability, CSR and ESG practises are extremely important to them, so being able to display how we divert second-hand equipment from landfill and give it a second life is really important to them. With this in mind we have started to produce 'Buyer Stories' where we interview buyers on our collection days to find out where the equipment is going to be reused and how it will benefit the organisations that have purchased it. Have a watch below where we speak to Steve Scott from YMCA Lakeside to find out how his organisation benefitted from buying multiple hotel furniture items from one of our auctions.
