The article presents three traditional income approaches that are used to estimate the market value of individual hotel assets. Each technique is illustrated by means of a unified case study that allows for a meaningful comparison of the techniques.
Industry Insights
We have written thousands of articles about all aspects of hospitality, including valuations, investing, lending, operations, asset management, and much more.
Hotel Valuation Techniques
The article presents three traditional income approaches that are used to estimate the market value of individual hotel assets. Each technique is illustrated by means of a unified case study that allows for a meaningful comparison of the techniques.
An Investment Driven Breakeven Analysis for Hotels
ID.RevPAR & ID.GOPPAR: the Investment Driven RevPAR and GOPPAR
Canadian Lodging Outlook August 2003
Maybe The Reserve For Replacement Should Be 7% to 11% of Revenue
A Guide for Lenders Holding Distressed Hotel Loans
Today's lodging market has been hit hard by overbuilding and falling demand. As a result, many lenders are monitoring hotel loans that are not current in their debt service payments.
Hotel Valuation Thumb Rule
Steve Rushmore's October 2003 Hotels Monthly
Contrasting Fortunes of Bay Area Submarkets: Napa and Silicon Valley
In August 2002, the San Francisco office of HVS International published profiles of several hotel markets in the state of California including San Francisco (SF), Silicon Valley (SV), and Napa, among several others. This article updates and contras
Strong rates of return driving hotel development
At any given time 30% to 50% of HVS International's consulting practice involves preparing market feasibility studies and appraisals for proposed hotel developments. . . . The development of a garden-type, modified full-service hotel is provided as
Simultaneous Valuation: A New Capitalization Technique for Hotel and Other Income Properties
The simultaneous valuation formula is an algebraic equation developed for the capitalization of a variable income stream over a forecast period. This article weighs the strengths and weaknesses of traditional capitalization techniques.
Pricing a Management Contract
Lodging appraisals demand some unique approaches. How, for instance, can you determine the value of a hotel management contract?
Shielding Against Incompetence
In many distress hotels, the blame lies with the inept hotel management companies.
Industry Insights
We have written thousands of articles about all aspects of hospitality, including valuations, investing, lending, operations, asset management, and much more.
ID.RevPAR & ID.GOPPAR: the Investment Driven RevPAR and GOPPAR
Maybe The Reserve For Replacement Should Be 7% to 11% of Revenue
Today's lodging market has been hit hard by overbuilding and falling demand. As a result, many lenders are monitoring hotel loans that are not current in their debt service payments.
In August 2002, the San Francisco office of HVS International published profiles of several hotel markets in the state of California including San Francisco (SF), Silicon Valley (SV), and Napa, among several others. This article updates and contras
At any given time 30% to 50% of HVS International's consulting practice involves preparing market feasibility studies and appraisals for proposed hotel developments. . . . The development of a garden-type, modified full-service hotel is provided as
The simultaneous valuation formula is an algebraic equation developed for the capitalization of a variable income stream over a forecast period. This article weighs the strengths and weaknesses of traditional capitalization techniques.
Lodging appraisals demand some unique approaches. How, for instance, can you determine the value of a hotel management contract?
In many distress hotels, the blame lies with the inept hotel management companies.
Robust demand in urban centers continues to drive Canadian hotel values despite high interest rate environment.