Estimating the value of a hotel is one of the mos difficult appraisal assignments. Transient lodging facilities represent not only real estate investments but going businesses as well.
Separating Lookers From Buyers
2002 Canadian Hotel Transaction Survey
2000 Canadian Hotel Sales
Canadian Hotel Sales 1999
Steve Rushmore's May 2002 Hotels Monthly
Steve Rushmore's July 2002 Hotels Monthly
In hotel land valuation, an alternate to the sales comparison approach is the ground lease approach, where a ground rent for the land is hypothesized and capitalized into a land value estimate.