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.
This ruling by the Colorado Board of Assessment Appeals confirms our theory on the valuation of hotels that manage third-party-owned condominiums through their rental management programs.
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.
Is it a buyer’s market, a seller’s market, or simply time to develop?
Hotel Valuation & Transaction Trends For the US Lodging Industry.
2013 United States Hotel Franchise Fee Reference Guide
How to Test Hotel Feasibility -Reprint of Steve Rushmore's August 2011 column in Lodging Hospitality magazine.
Steve Rushmore's October 2011 column in Lodging Hospitality magazine.
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.
Steve Rushmore's August 2011 column in Lodging Hospitality magazine.