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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

What Does A Franchise Cost?

Steve Rushmore's August 2005 Hotels monthly.

CMBS Emerging Market Dominance

The real estate capital markets demonstrate a remarkable ability to change and adapt. Perhaps, the most significant example is the emergence of the Commercial Mortgage Backed Security (CMBS)...
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