Things to consider when buying a hotel and how to avoid potential pitfalls -- Understanding the trading potential of the hotel -- Other enquiries required to assess the value of the hotel -- Fundamental principles behind the hotel investment market -- The purpose of the valuation and statutory guidance -- Methodology for capital valuations -- Yield selection and valuation multipliers -- The treatment of capital expenditure -- Methodology for assessing market rent -- Methodology for calculating rateable values in the UK -- Site values and how they are determined -- Valuation with special assumptions for secured lending purposes -- IFRS 15 apportionments -- Concluding summary

Discusses issues to do with property within the hotel sector, including how to assess the value and trading potential of a hotel property, and the hotel investment market.