Market Report

Understanding Economic Life

September 4, 2003

Economic life is the period when improvements to a property contribute to property value. Hotels and motels have a definite life span of postive cash flow.

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Steve Rushmore

Steve Rushmore is the founder of HVS, a global hospitality consulting organization with more than 50 offices around the globe. He is focused on future office expansion and new product development outside the United States. Steve has provided consultation services for more than 15,000 hotels throughout the world during his 40-year career. For more information contact Steve at [email protected]

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