Leisure property: a question of profit?

Sayce, S.L.

Leisure property: a question of profit? - 1995 - Journal of Property Finance 6(1) 1995, 7-27(21) .

Commercial leisure properties are conventionally valued by the profits method. There has been comparatively little research in this area. This together with recent publicity surrounding the Scotts restaurant case and the valuation of Queens Moat Houses, led the author to undertake a survey of practitioners` perceptions of profits and discounted cash flow approaches to hotel and leisure valuations. Discusses initial findings and aspects of the profits method.


DISCOUNTED CASH FLOW METHOD
LEISURE PROPERTY
PROFITS METHOD
VALUATION METHODS