The primary role of the F&B department is to enhance the overall profits of a hotel. Many claim hotels with F&B should maximize the department’s profit or lease income. Instead, maybe the departmental profit motive should be secondary.
Industry Insights
We have written thousands of articles about all aspects of hospitality, including valuations, investing, lending, operations, asset management, and much more.
Hotel F&B - To Lease or Not to Lease?
The primary role of the F&B department is to enhance the overall profits of a hotel. Many claim hotels with F&B should maximize the department’s profit or lease income. Instead, maybe the departmental profit motive should be secondary.
Incentives of Historic Proportion
This article provides an introduction to the Federal Historic Preservation tax credit programs administered by the U.S. Government and the applicability of these programs to select hotel redevelopment projects.
Trends In Hotel Management Contracts
An understanding of the key provisions in hotel management contracts and the issues that influence the negotiation of these contracts is essential to an effective evaluation of any hotel project.
Going Beyond RevPar To Determine Value
Steve Rushmore's June 2006 Hotels Column.
Riga, Latvia: Are Too Many New Hotel Rooms Checking In?
Between 2006 and 2008 approximately 1,400 new three-star to five-star hotel rooms will enter the market in the Latvian capital Riga. Can Riga sustain its current marketwide occupancy with extensive new hotel supply entering the market?
Why the "Rushmore Approach" is a Better Method for Valuing the Real Property Component of a Hotel
Hotel real estate tax theories and methodologies have long been a subject of controversy in separating the business value from the real estate. In a recent article published by the Journal of Property Tax Assessment and Administration...
In Defense of the "Rushmore Approach" for Valuing the Real Estate Property Component of a Hotel
A hotel is a unique form of real estate consisting of four components: land, improvements, personal property, and the going business. Does it sound reasonable that the land and improvements account for only 36% of the overall total value?
Parking Asset Management - Part III
More Than Spare Change: Spare Cash In The Parking Couch...The Third Edition of a Three Part Series on Parking Asset Management Success
Asset Management Scope and Compensation: A Wide Spectrum
Asset managers provide a wide range of management oversight, analysis, and support to hotel owners. The specific scope of services is tailored to each owner. Compensation is usually a flat fee or a fee that is a percentage of gross revenues.
Nasdaq's Impact On Silicon Valley
Written by Mark Lynn in 2002, Nasdaq’s Impact on Silicon Valley Hotel Revenue , the article addresses the cyclical nature of supply and demand in this high profile market.
Industry Insights
We have written thousands of articles about all aspects of hospitality, including valuations, investing, lending, operations, asset management, and much more.
This article provides an introduction to the Federal Historic Preservation tax credit programs administered by the U.S. Government and the applicability of these programs to select hotel redevelopment projects.
An understanding of the key provisions in hotel management contracts and the issues that influence the negotiation of these contracts is essential to an effective evaluation of any hotel project.
Between 2006 and 2008 approximately 1,400 new three-star to five-star hotel rooms will enter the market in the Latvian capital Riga. Can Riga sustain its current marketwide occupancy with extensive new hotel supply entering the market?
Hotel real estate tax theories and methodologies have long been a subject of controversy in separating the business value from the real estate. In a recent article published by the Journal of Property Tax Assessment and Administration...
A hotel is a unique form of real estate consisting of four components: land, improvements, personal property, and the going business. Does it sound reasonable that the land and improvements account for only 36% of the overall total value?
More Than Spare Change: Spare Cash In The Parking Couch...The Third Edition of a Three Part Series on Parking Asset Management Success
Asset managers provide a wide range of management oversight, analysis, and support to hotel owners. The specific scope of services is tailored to each owner. Compensation is usually a flat fee or a fee that is a percentage of gross revenues.
Written by Mark Lynn in 2002, Nasdaq’s Impact on Silicon Valley Hotel Revenue , the article addresses the cyclical nature of supply and demand in this high profile market.
Robust demand in urban centers continues to drive Canadian hotel values despite high interest rate environment.