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Qualified Management Contracts: Public-Sector/Private-Sector Partnering to Achieve Common Objectives

Recently public and private sectors have partnered in development of convention hotel properties; publicly owned and privately managed. This article highlights unique features of qualified management agreements and compares them to typical contracts.

Canadian Lodging Outlook November 2005

2005 Canadian Hotel Transaction Survey

Low Cap Rates Drive Gains in Hotel Values

Reduced interest rates and lower equity yield requirements have had a substantial positive impact on hotel values. Additional value gains are now being fueled by more aggressive deal underwriting, as discussed in this article.

Branding with History: Historic Hotels Find Ways to Build a Competitive Advantage

Owners and operators of historic hotels have become more creative in their efforts to develop and maintain long-lasting competitive advantages for their properties. Recent operating data shows above-market performance for historic hotels in the U.S.

Why the "Rushmore Approach" is a Better Method for Valuing the Real Property Component of a Hotel

Hotel real estate tax theories and methodologies have long been a subject of controversy in separating the business value from the real estate. In a recent article published by the Journal of Property Tax Assessment and Administration...

In Defense of the "Rushmore Approach" for Valuing the Real Estate Property Component of a Hotel

A hotel is a unique form of real estate consisting of four components: land, improvements, personal property, and the going business. Does it sound reasonable that the land and improvements account for only 36% of the overall total value?

Canadian Lodging Outlook October 2005

The Facts About Induced Demand
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