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This update of the popular 2001 work, Hotels and Motels: Valuations and Market Studies, expands the discussion to encompass the global hotel market and current issues in the lodging industry. Included with the purchase of this book is Hotel Valuation Software, a valuable tool that appraisers can use to analyze hotel properties in any market.
Major topics covered in this text include:
The development of the hotel industry in Europe, South America, India, China, and the United States
Supply and demand issues
Hotel market studies
Forecasting revenues and expenses
The valuation process, and
The current state of the lodging industry.
A realistic case study is also included to illustrate the concepts discussed and demonstrate the valuation software.
Hotel Market Analysis and Valuation: International Issues and Software Applications is unique in that it provides an in-depth, up-to-date, and technologically advanced discussion of the market analysis and valuation of hotels around the world. It contains a wealth of current information that will prove useful to appraisers as well as hotel developers, investors, and lenders.