Purchasing agents are the last checkpoint through which information passes prior to production of FF&E. As such they have an obligation to ensure that both clients’ and designers’ expectations will be met by the vendors.
Industry Insights
We have written thousands of articles about all aspects of hospitality, including valuations, investing, lending, operations, asset management, and much more.
The Perils Of Incomplete Specifications
Purchasing agents are the last checkpoint through which information passes prior to production of FF&E. As such they have an obligation to ensure that both clients’ and designers’ expectations will be met by the vendors.
Real Estate Compensation
This article describes the unusual compensation packages utilized by HVS International. Its compensation plan was designed to motivate its employees and to give them maximum incentives for producing a high quality and quantity of product.
Canadian Lodging Outlook September 2003
Are You Choosing The Right Appraiser?
Sustainable Tourism - Destination Development
Tourism is a unique industry. It can effectively create its own demand through the creation of attractions and provision of supporting infrastructure, following the "build it and they will come" approach.
The Furture of Full-Service Hotel Development
This article discusses various aspects of Full-Service Hotel development in a post-recession economic recovery. Variables such as cost of capital, market demand, and market specificity are considered.
How Much Should I Pay for the Land?
This article discusses three alternate approaches to determining the value of land at a hotel site, in the absence of comparable land sales. The Allocation Method, Ground Lease Approach, and Land Residual Approach are discussed.
Hotel Valuation Techniques
The article presents three traditional income approaches that are used to estimate the market value of individual hotel assets. Each technique is illustrated by means of a unified case study that allows for a meaningful comparison of the techniques.
An Investment Driven Breakeven Analysis for Hotels
ID.RevPAR & ID.GOPPAR: the Investment Driven RevPAR and GOPPAR
Canadian Lodging Outlook August 2003
Maybe The Reserve For Replacement Should Be 7% to 11% of Revenue
A Guide for Lenders Holding Distressed Hotel Loans
Today's lodging market has been hit hard by overbuilding and falling demand. As a result, many lenders are monitoring hotel loans that are not current in their debt service payments.
Industry Insights
We have written thousands of articles about all aspects of hospitality, including valuations, investing, lending, operations, asset management, and much more.
This article describes the unusual compensation packages utilized by HVS International. Its compensation plan was designed to motivate its employees and to give them maximum incentives for producing a high quality and quantity of product.
Tourism is a unique industry. It can effectively create its own demand through the creation of attractions and provision of supporting infrastructure, following the "build it and they will come" approach.
This article discusses various aspects of Full-Service Hotel development in a post-recession economic recovery. Variables such as cost of capital, market demand, and market specificity are considered.
This article discusses three alternate approaches to determining the value of land at a hotel site, in the absence of comparable land sales. The Allocation Method, Ground Lease Approach, and Land Residual Approach are discussed.
The article presents three traditional income approaches that are used to estimate the market value of individual hotel assets. Each technique is illustrated by means of a unified case study that allows for a meaningful comparison of the techniques.
ID.RevPAR & ID.GOPPAR: the Investment Driven RevPAR and GOPPAR
Maybe The Reserve For Replacement Should Be 7% to 11% of Revenue
Today's lodging market has been hit hard by overbuilding and falling demand. As a result, many lenders are monitoring hotel loans that are not current in their debt service payments.
Robust demand in urban centers continues to drive Canadian hotel values despite high interest rate environment.