Sector
Hotels & Hospitality
Hotels, serviced residences and resort assets.
Our perspective
A hotel is a trading asset. Value depends on demonstrated and reasonably projected operating performance, the terms of the operator arrangement, and the capital required to sustain the product.
We analyse trading history, market positioning and competitive supply to value hotel and hospitality assets on a properly reasoned basis.
Valuation considerations
- Occupancy, average rate and RevPAR history against competitive set
- Departmental profit and EBITDA sustainability
- Management or franchise agreement terms
- Capital expenditure cycle and product condition
- Demand segmentation: corporate, leisure, MICE, group
- Treatment of FF&E and going-concern components
Typical instructions
- Going-concern valuation of hotel assets
- Valuation for acquisition, financing and reporting
- Market and feasibility studies for proposed hospitality projects
When Value Matters, Experience Matters.
Whether the assignment involves a single property, an institutional portfolio or a complex valuation issue, speak with our professional team about the decisions you need to make.