Reduced interest rates and lower equity yield requirements have had a substantial positive impact on hotel values. Additional value gains are now being fueled by more aggressive deal underwriting, as discussed in this article.
Low Interest Rates and High Demand for Hotel Assets Fuels Value Gains
When investors and lenders call and ask “what are hotel cap rates today?” the first question is, “what net income are you using in your equation?”
In this article the author explains how current low interest rates and high demand for hotel assets affect value gains.
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.
At any given time 30% to 50% of HVS International's consulting practice involves preparing market feasibility studies and appraisals for proposed hotel developments. . . . The development of a garden-type, modified full-service hotel is provided as
The simultaneous valuation formula is an algebraic equation developed for the capitalization of a variable income stream over a forecast period. This article weighs the strengths and weaknesses of traditional capitalization techniques.
The State of California represents a powerhouse within the U.S hospitality industry and we would like to take this opportunity to provide an overview of the state’s key markets during the current challenging operating environment.
The San Francisco lodging industry has experienced a dramatic reversal of fortune over the last two years. In 2000, the San Francisco lodging industry was one of the hottest in the nation and posted its best performance ever.