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This article provides an introduction to the Federal Historic Preservation tax credit programs administered by the U.S. Government and the applicability of these programs to select hotel redevelopment projects.
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An understanding of the key provisions in hotel management contracts and the issues that influence the negotiation of these contracts is essential to an effective evaluation of any hotel project.
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Steve Rushmore's June 2006 Hotels Column.
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Between 2006 and 2008 approximately 1,400 new three-star to five-star hotel rooms will enter the market in the Latvian capital Riga. Can Riga sustain its current marketwide occupancy with extensive new hotel supply entering the market?
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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...
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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?
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More Than Spare Change: Spare Cash In The Parking Couch...The Third Edition of a Three Part Series on Parking Asset Management Success
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Asset managers provide a wide range of management oversight, analysis, and support to hotel owners. The specific scope of services is tailored to each owner. Compensation is usually a flat fee or a fee that is a percentage of gross revenues.
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Written by Mark Lynn in 2002, Nasdaq’s Impact on Silicon Valley Hotel Revenue , the article addresses the cyclical nature of supply and demand in this high profile market.
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Even More Spare Change In The Parking Couch...The Second Edition of a Three Part Series on Parking Asset Management Success