Hotel Valuation: Valuation of hotels is a process that requires a deep understanding of the industry, includes many different factors and takes into account a lot of information in order to make an accurate estimate.
Three main approaches stand out for hotel valuation, which is the process of estimating the fair market value of a hotel property:
– Revenue Approach: This approach determines the value of a hotel based on its net operating income (NOI).
– Cost Approach: This approach determines the value of a hotel based on its replacement cost.
– Market Approach: This approach determines the value of a hotel based on its selling price in an arm’s length transaction.
Meet Harmoni Gayrimenkul Değerlemes’ expertise in Hotel Valuation