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: $75
Price for individual articles: $25/article (to order individual articles contact firstname.lastname@example.org)
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
HVS performs hundreds of hotel market studies each year all over the world. These studies focus on the local demand for transient visitation, the supply of hotel accommodations, local economic drivers and locational factors. The HVS Hotel Market Area Overviews contain a wealth of useful information for hotel owners, operators and lenders interested in a quick introduction to a particular hotel market.
Click the Action Button below to see a listing of all the Hotel Market Area Overviews available.
Price: Based on the geographic region selected- click on the Action Button below.
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
HVS consults for thousands of hotels around the world each year many of which are operated by hotel management companies. This publication presents the results of an extensive review of the terms and contract provisions of hundreds of hotel management agreements conducted across the Americas (USA, Canada and South America), Europe, the Middle East, Africa (EMEA), and the Asia Pacific (APAC) regions. If you are a hotel owner looking to engage a management company or if you are a hotel operator looking to develop a competitive management agreement you must have a copy of the HVS Guide to Hotel Management Contracts.
To review a sample Guide click on the action button below.
The Global Guide covering all the Regions of the World- $3,000
The Regional Guides- $2,000/region
Complete Package- Global Guide and the 3 Regional Guides- $5,000
Do you know that the total cost of a franchise affiliation when all the expenses are included can exceed 15% of a hotel’s rooms revenue over the term of the franchise? In addition to the royalty fee, a franchise affiliation requires the hotel owner to pay an initial fee, marketing fees, reservation fees, frequent traveler fees, technology fees, training fees, etc. This Hotel Franchise Fee Guide calculates all these fees for each brand affiliation so hotel owners can compare the total cost across all the brands. If you are thinking of obtaining a hotel franchise this research Guide provides essential information for your selection.
The results of a survey of 40 hotel brokers on the current state of the hotel transaction environment for 26 markets across the U.S. and Canada. Topic covered in this this study include: what are the greatest challenges being faced by hotel buyers and sellers in your market today, current cap rates and future trends, room revenue multipliers, exposure and marketing time, selling expenses, outlook for the future. If you are considering buying or selling a hotel- the HVS Hotel Broker Survey will be a valuable resource in your decision making process.
Price of the HVS Hotel Broker Survey: $295
HVS conducts research on a wide-variety of topics oriented towards hotel owners, operators and lenders. In addition, I have published many informative "How To" publications over the years attempting to help hotel owners, lenders and operators become better at their profession. Everyone in the hotel industry should stay up-to-date with the latest trends and opportunities. Some of the informative publications are listed below:
As a service to hotel owners, operators, lenders and investors, the Hotel Investment Library provides its users a number of articles free of charge. You can check this website for a list of Free Article Downloads or you can subscribe to the Library's Newsletter to receive alerts when new articles are added to the Free Article Download List.