Our hotel appraisals focus on the hospitality industry, a broad category of fields within the service industry that includes lodging, entertainment, amusement parks, theme parks, cruise ships, restaurants, night-clubs and a wide variety of additional fields within the tourism industry. The hospitality industry is a multi-billion-dollar industry that mostly depends on the availability of leisure time and disposable income. A hospitality development such as a resort hotel consists of several components and business within the development.
Global Valuation has been servicing and monitoring the hotel industry since 1997 and has all the experience and skills to estimate the Going-Concern Value of all types of hospitality projects. Going-Concern Value represents the total value of a Hotel including Tangible Real Property (Real Estate), Tangible Personal Property (FF&E) and Intangible Personal Property (Business).
We have appraised hotels all over the world including USA, Canada, Mexico, Central America and the Caribbean Region. From a 100-room boutique hotel in Florida to a 1,000-room Five Star resort hotel in the Caribbean.
All Global Valuation Appraisals and Market Studies are prepared by State-Certified Appraisers and designated members of the American Society of Appraisers. Reports are completed in accordance with the Uniform Standards of Professional Appraisal Practice. (USPAP) and or the International Valuation Standards (IVSs).
Reports are prepared using verified market information. Some of our top licensed sources include:
- CoStar – verified market data
- Price Waterhouse Coopers (PWC) Real Estate Investor Survey
- PKF/CBRE Trends in the Hotel Industry
- Marshall & Swift Cost Data/Core Logic
- Argus DCF Financial Software
- Adobe InDesign
- IBIS World Industry Reports
Examples of Hotels Appraisals & Market Study assignments follow:
Gateway Hotel & Marina, Daytona Beach, Florida
- 376-unit luxury condo hotel and residences
- 153-wet slip marina
- 87,800 SF marina retail center
The Charlotte Club, Charlotte, North Carolina
- 398-unit, 40-story luxury condo hotel & residences
- Multi-purpose specialty restaurants & bars
Prestige Tower Hotel & Casino, Panama City, Republic of Panama, Central America
- 523-unit 61-story luxury condo, hotel & residences
- 24,000 SF casino
CLICK HERE FOR A REPRESENTATIVE LIST OF HOTEL APPRAISAL ASSIGNMENTS