In a presentation at the 2001 Annual Conference of the Government Officer's Association, Tom Hazinski, Managing Director of HVS Convention, Sports & Entertainment Facilities Consulting describes and critically examines the theory and practice of meas
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.
Because of the limited availability of conventional financing for full-service convention center headquarters hotels, many governments are turning to the tax-exempt bond market to finance their projects.
Projection of future revenues from the room tax collection of five municipalities near Green Bay, Wisconsin. The Room Taxes may be pledged to support debt service on a proposed dedicated tax revenue bond issue. The proceeds from the Bonds will suppor
Imagine a world in which interest rates are the lowest in decades, lenders’ treasuries are bulging with cash looking for a home, and your hotel’s net operating income is looking pretty good, pulling away from the worst months of last year and making
This is the first of a series of articles in which we will discuss current problems that some borrowers (and obviously their lenders) are having with hotel mortgage loans, along with ideas and strategies for possible resolution.
This is the second in a series of articles where we are addressing the problems, which some borrowers (and obviously their lenders) are having currently with hotel mortgage loans, along with some ideas as to strategies for possible resolution.