Adjusting Comparable Sales for Hotels Assessment Appeals
While working on a property tax appraisal for a 500-room downtown Sheraton hotel, we were confronted with a comparable sale which, on the surface, did not support our opinion that the subject property was overassessed.
Hotel Business Value and Working Capital: A Clarification
In the October 1986 issue of The Apprasial Journal, Anthony Reynolds, MAI, wrote an article for the Notes and Comments section entitled "Attributing Hotel Income to Real Estate and to Personalty." His comment eessentially focused on an article that
It's a Good Time to Review Your Taxes
With declining occupancies a problem in many areas of the country, along with increasing mortgage interest rates and inflation, it is a good time to review your property taxes and possibly commence a formal appeal to have them reduced.
Middle East Hotels - Trends and Opportunities 2002
The 2002 edition of HVS International’s report on Trends and Opportunities for Hotels in the Middle East
HVS European Hotel Valuation Index In-Depth Insights 2002
The HVI is a sophisticated hotel valuation benchmark developed by HVS International. It monitors annual percentage changes in the values of, mainly, four-star and five-star hotels in 28 major European markets.
HVS European Hotel Valuation Index In-Depth Insights 2001
HVS International’s London Office has released the latest edition of its annual review of European hotel value trends, the Hotel Valuation Index (HVI). The European HVI has tracked trends in hotel values in 29 key regional markets.
Feasibility Study of Expansion of Headquarters Hotel Capacity
The Franklin County Convention Facilities Authority retained HVS International to analyze the feasibility of developing additional full-service convention hotel capacity in downtown Columbus, in the immediate vicinity of the Greater Columbus Conventi
Measuring Economic Impact
In a presentation at the 2001 Annual Conference of the Government Officer's Association, Tom Hazinski, Managing Director of HVS Convention, Sports & Entertainment Facilities Consulting describes and critically examines the theory and practice of meas
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.