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Why the "Rushmore Approach" is a Better Method for Valuing the Real Property Component of a Hotel

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...

What Does A Franchise Cost?

Steve Rushmore's August 2005 Hotels monthly.

CMBS Emerging Market Dominance

The real estate capital markets demonstrate a remarkable ability to change and adapt. Perhaps, the most significant example is the emergence of the Commercial Mortgage Backed Security (CMBS)...

Due Diligence Process Can Make Or Break An Acquisition

One of the most important aspects of the sale and purchase of hotel properties is the technical due-diligence process. This investigation into the "bones" of an existing property can be critical to the success or failure of a hotel venture.

Bridging the Gap on Hotel Financing with Aggressive Lending Parameters

As the national economy continues to rebound from the 2001 economic downturn, the hotel industry also follow this positive trend with impressive annual RevPAR growths, beginning in 2004.
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