Appraisers Expect Shift in Hospitality Market: Valuation Magazine
July 2, 2019 08:00 AM
CHICAGO (July 2, 2019) – The nation’s hospitality sector has enjoyed a decade-long hot streak, but is a correction on the way? Appraisers discuss what’s happening in this challenging market in Valuation magazine’s second quarter 2019 issue.
Valuation magazine is a quarterly publication of the Appraisal Institute, the nation’s largest professional association of real estate appraisers.
The newest issue’s cover story, “Here to Stay?”, discusses the hospitality sector’s near-record growth and reports on how long the good times are expected to last, what a potential downturn could look like and what trends are influencing the market.
Read “Here to Stay?” in Valuation magazine’s second quarter 2019 issue.
Also in this issue:
“Is Opportunity Knocking?” addresses the ways in which real estate valuation factors into the new federal opportunity zones program, which is encouraging private investors to fund projects in certain geographical areas.
“Highest and Best Use at Odds” delves into the complex issue of conflicting highest and best use analysis and what courts have said about these matters.
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The Appraisal Institute is a global professional association of real estate appraisers, with nearly 18,000 professionals in almost 50 countries throughout the world. Its mission is to advance professionalism and ethics, global standards, methodologies, and practices through the professional development of property economics worldwide. Organized in 1932, the Appraisal Institute advocates equal opportunity and nondiscrimination in the appraisal profession and conducts its activities in accordance with applicable federal, state and local laws. Individuals of the Appraisal Institute benefit from an array of professional education and advocacy programs, and may hold the prestigious MAI, SRPA, SRA, AI-GRS and AI-RRS designations. Learn more at www.appraisalinstitute.org.