Economic life is the period when improvements to a property contribute to property value. Hotels and motels have a definite life span of postive cash flow.
Industry Insights
We have written thousands of articles about all aspects of hospitality, including valuations, investing, lending, operations, asset management, and much more.
Understanding Economic Life
Economic life is the period when improvements to a property contribute to property value. Hotels and motels have a definite life span of postive cash flow.
Don't Forget Your Waste Audit
Although you think you have audited and reviewed every aspect of your hotel's operations, i bet you have not performed a solid waste audit.
Real Estate Jargon Made Simple
Hotel appraisals and market studies generally come with their own language. This month's column will be devoted to defining some of those often used and sometimes misunderstood expressions.
The Valuation of Distressed Hotels
Today's hotel market is in a state of chaos. The overbuilding of the 1980s coupled with the recession of the 1990s has sent hotel occupancies in many parts of the country plummeting.
Understanding Economic Life
Economic life is the period when improvements to a property contribute to property value. Hotels and motels have a definite life span of positive cash flow.
Valuing Distressed Properties
As more lodging properties run out of operating capital and are forclosed upon by their lenders, it becomes increasingly important for hotel buyers, sellers and lenders to understand the techniques utilized in valuing distressed facilities.
Seven Current Hotel-Valuation Techniques
Hotel Investors and appraisers use a variety of techniques to value hotels.
Cap Rate 101
Whenever people say they're planning to purchase a hotel, one of the forst questions asked of them is: "What capitalization rate are you using?" Cap rate, as it is called in the industry, has many meanings.
GOPPAR, a derivative of RevPAR!
This article shows the pitfalls of RevPAR, and elaborates on the advantages of using a complementary performance measure, GOPPAR.
Hotel Lenders Toughen Underwriting Requirements
Toughen Underwriting Requirements
Industry Insights
We have written thousands of articles about all aspects of hospitality, including valuations, investing, lending, operations, asset management, and much more.
Although you think you have audited and reviewed every aspect of your hotel's operations, i bet you have not performed a solid waste audit.
Hotel appraisals and market studies generally come with their own language. This month's column will be devoted to defining some of those often used and sometimes misunderstood expressions.
Today's hotel market is in a state of chaos. The overbuilding of the 1980s coupled with the recession of the 1990s has sent hotel occupancies in many parts of the country plummeting.
Economic life is the period when improvements to a property contribute to property value. Hotels and motels have a definite life span of positive cash flow.
As more lodging properties run out of operating capital and are forclosed upon by their lenders, it becomes increasingly important for hotel buyers, sellers and lenders to understand the techniques utilized in valuing distressed facilities.
Hotel Investors and appraisers use a variety of techniques to value hotels.
Whenever people say they're planning to purchase a hotel, one of the forst questions asked of them is: "What capitalization rate are you using?" Cap rate, as it is called in the industry, has many meanings.
This article shows the pitfalls of RevPAR, and elaborates on the advantages of using a complementary performance measure, GOPPAR.
Robust demand in urban centers continues to drive Canadian hotel values despite high interest rate environment.