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.
Steve Rushmore's June 2006 Hotels Column.
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.
Even More Spare Change In The Parking Couch...The Second Edition of a Three Part Series on Parking Asset Management Success
Anne Lloyd-Jones discusses factors impacting hotel investments in the post 9/11 environment, and correctly predicts the initial decline and ultimate revival in hotel values that we are witnessing today.