Following waves of asset of appreciation, the pendulum has swung, and many hotels will be facing significant value declines in the current economic climate. As owners look for every way to reduce operating expenses, they should remain vigilant to pending fluctuations in real property assessment levels and proactive on appealing their assessments, if warranted.
The Culinary Institute of America (CIA) is currently accepting proposals for the development of a parcel of property owned by the college that overlooks the majestic Hudson River in historic Hyde Park, NY.
Steve Rushmore projects the economic future of Lifestyle and Boutiques hotels in the United States. His presentation also compares the financial performance of Boutique Hotels vs. Chain Affiliated normal hotels.