See these Publications below:
The basis for property tax assessment is the value of the real property component. Since a hotel is composed of real property, personal property (furniture, fixtures and equipment) and a going business, the valuation for assessment purposes requires the value of the personal property and going business be removed, thus, isolating the value of the real property.
The procedure for performing appraisals for property tax assessments was developed by Steve Rushmore and is thus called the “Rushmore Approach” by the courts and tax assessors. This collection of 15+ articles explains the Rushmore Approach and provides a high-profile court opinion endorsing this approach.
If you are a hotel appraiser or assessor- this collection of articles is a must read particularly if you are going up against appraisers utilizing the “Business Enterprise Approach.”
Price for the Collection of 15+ Articles: $190
Hotel Valuation Software 6.0 is computer software designed specifically to assist in the preparation of hotel market studies, forecasts of income and expense, and hotel valuations. The software provides the framework, along with the mathematical calculations, to develop detailed forecasts of hotel occupancy, average room rates, revenues and expenses that can be used as a basis for hotel market studies and appraisals.
The tool consists of three separate software programs:
If you have any involvement with hotel investing, finance, accounting or consulting Hotel Valuation Software is an essential tool for your business
Price: $99 for each model or $250 for all three models
This publication contains everything you need to know to negotiate a hotel management contract. The management contract is probably the most important agreement that a hotel owner will sign. Unlike many agreements, hotel management contracts are highly negotiated requiring intimate knowledge of all the terms and conditions. To negotiate a fair contract you must have a strategy for obtaining your desired contract provisions- many of which are not so apparent.
Negotiating Hotel Management Contracts covers a wide variety of topics including:
The publication contains over 70 pages of contract clauses from actual hotel management contracts arranged topically into 11 different sections. Each clause shows its orientation- Owner Oriented, Operator-Oriented or Neutral. This identification of orientation should allow the user to select the clauses that best represent their interest.
Price: Negotiating Hotel Management Contacts: $75
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