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
Hotel Valuation Thumb Rule
Steve Rushmore's October 2003 Hotels Monthly
Contrasting Fortunes of Bay Area Submarkets: Napa and Silicon Valley
In August 2002, the San Francisco office of HVS International published profiles of several hotel markets in the state of California including San Francisco (SF), Silicon Valley (SV), and Napa, among several others. This article updates and contras
Strong rates of return driving hotel development
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
Simultaneous Valuation: A New Capitalization Technique for Hotel and Other Income Properties
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.
Pricing a Management Contract
Lodging appraisals demand some unique approaches. How, for instance, can you determine the value of a hotel management contract?
Perth Market Analysis 2003
A detailed analysis of historic supply and demand trends and market performance, as well as a market outlook including projections for supply and demand and occupancy and rate performance.
Boston Hotel Market Review: Mid-2003
The Boston lodging market, always volatile, continues to decline through mid 2003. Developers are lined up at the door, however, waiting for construction capital. Meanwhile, a new convention center will open in 2004, providing some answers, but gen