New textbook and software written and developed by Steve and Stephen Rushmore along with John O'Neill published by the Appraisal Institute shows how hotel market studies, financial projections and valuations are performed throughout the world. Hotel owners, operators, investors and lenders will find this book invaluable in analyzing hotel investments and financial performance.
What's new in this edition unlike its previous versions is the inclusion of the HVS Hotel Valuation Software, four state-of-the-art programs that enables hotel appraisers, consultants, owners and lenders to perform highly sophisticated hotel market analyses, financial projections and valuations. Very few books come with the software needed to perform the analyses set forth in the text. This package contains everything you need to perform a sophisticated hotel market study and valuation.
Hotel Market Analysis and Valuation: International Issues and Software Applications
The newest edition of Steve Rushmore's textbook with software provides an historic overview of the world-wide hotel industry with discussion of the various economic cycles and trends impacting hotel supply and demand. It details the steps for performing a hotel market study and valuation and the types of data required to perform a proper analysis, while also taking into consideration local competitive supply, occupancy and average rate, relative competitiveness of each hotel, and the specific location of the asset. It also includes an addendum that contains a complete reference library of hotel data and data sources from around the world.
The book is available in either hard copy or as a pdf download