Valuing Distressed Properties
As more lodging properties run out of operating capital and are forclosed upon by their lenders, it becomes increasingly important for hotel buyers, sellers and lenders to understand the techniques utilized in valuing distressed facilities.
Seven Current Hotel-Valuation Techniques
Hotel Investors and appraisers use a variety of techniques to value hotels.
Cap Rate 101
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.
GOPPAR, a derivative of RevPAR!
This article shows the pitfalls of RevPAR, and elaborates on the advantages of using a complementary performance measure, GOPPAR.
Hotel Lenders Toughen Underwriting Requirements
Toughen Underwriting Requirements
How Interest Rates Affect Real Estate Values
Interest Rates affecting Real Estate values
How Much Should That Hotel Loan Cost You?
Hotel Loan and what they should cost you
Refinancing Estimates of Hotel-Financing Costs
Refinancig hotel costs
How to Lower the Property Taxes on Your Hotel or Restaurant
Factors both internal and external to a hotel property affect its value, and in turn, its property tax burden. In most cases, an experienced hotel appraiser, employing a proven appeal protocol, is needed to determine whether a property is unfairly assessed.
Facing the facts on franchising
What does one need to consider in order to add value to a hotel through franchising. This column examines briefly, the merits and considerations of franchising.