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.
Are You Choosing The Right Appraiser?
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.
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.
Steve Rushmore's October 2003 Hotels Monthly
Lodging appraisals demand some unique approaches. How, for instance, can you determine the value of a hotel management contract?
In many distress hotels, the blame lies with the inept hotel management companies.
How To Get The Best Sales Price
Employee leasing works as follows: you the owner/employer terminate your employees and immediatley hire them back by an employee leasing organization.