TABLE OF CONTENTS
PART I Overview of the U.S. Lodging Industry
- Introduction
- History and Dynamics of the Lodging Industry
- National Supply
- National Demand
PART II Hotel Development or Acquisition
- Selecting a Lodging Market and Lodging Product
- Selecting a Consulting and Appraising Firm
- Site Analysis
- Neighborhood and Market Area Analysis
- Lodging Supply Analysis for Market Area
- Lodging Demand Analysis for Market Area
- Shares, Occupancy, and Room Rates in Market Area
- Forecasting Facility Revenue
- Forecasting Facility Expense
- Lodging Facility Valuation
PART III Hotel Management and Franchises
- Managing a Lodging Facility
- Hotel Management Contracts and Related Documents
- Hotel Franchise Affiliations
PART IV Development, Acquisition, and Finance
- Developing a Lodging Facility
- Acquiring a Lodging Facility
- Mortgage Financing of a Lodging Facility
- Structuring a Hotel Investment
SUMMARY OF CONTENTS
APPENDIXES
- Data Collection Checklist
- Sample Clauses for Hotel Purchase and Sale Agreement
- Management Contract Clauses
DIRECTORIES
- Directory of Hotel Developers
- Directory of Hotel Owners and Investors
- Directory of Hotel Lenders
- Directory of Hotel Management Companies
- Directory of Hotel Franchise Companies
- Directory of Hotel Development Teams