Factors both internal and external to a hotel property affect its value, and in turn, its property tax burden. In most cases, an experienced hotel appraiser, employing a proven appeal protocol, is needed to determine whether a property is unfairly assessed.
Industry Insights
We have written thousands of articles about all aspects of hospitality, including valuations, investing, lending, operations, asset management, and much more.
How to Lower the Property Taxes on Your Hotel or Restaurant
Factors both internal and external to a hotel property affect its value, and in turn, its property tax burden. In most cases, an experienced hotel appraiser, employing a proven appeal protocol, is needed to determine whether a property is unfairly assessed.
Hotel Land Values and the Ground Lease Approach
In hotel land valuation, an alternate to the sales comparison approach is the ground lease approach, where a ground rent for the land is hypothesized and capitalized into a land value estimate.
Industry Insights
We have written thousands of articles about all aspects of hospitality, including valuations, investing, lending, operations, asset management, and much more.
In hotel land valuation, an alternate to the sales comparison approach is the ground lease approach, where a ground rent for the land is hypothesized and capitalized into a land value estimate.
Robust demand in urban centers continues to drive Canadian hotel values despite high interest rate environment.