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Stakeholders' perceptions of the DCF method in hotel valuations

By: Contributor(s): Series: Property Management ; 22(5) 2004, 358-376(19)Publication details: 2004Subject(s): Summary: Reports on the findings of a questionnaire survey of hotel stakeholders, as to the perceived suitability of Discounted Cash Flow (DCF) valuations in respect of hotel property. Findings suggest that the majority of respondents supported the view that the DCF method was the most suitable method in relation to hotel valuations. However, there are indications that the recommended practice of the need for using supporting valuation approaches might not be widely observed or understood. In addition, there was a view among a significant minority of respondents that the DCF method was only applicable for those properties operating at the higher market levels. Includes copy of survey questionnaire, tables, graphs and references. [Taken from journal abstract].

Reports on the findings of a questionnaire survey of hotel stakeholders, as to the perceived suitability of Discounted Cash Flow (DCF) valuations in respect of hotel property. Findings suggest that the majority of respondents supported the view that the DCF method was the most suitable method in relation to hotel valuations. However, there are indications that the recommended practice of the need for using supporting valuation approaches might not be widely observed or understood. In addition, there was a view among a significant minority of respondents that the DCF method was only applicable for those properties operating at the higher market levels. Includes copy of survey questionnaire, tables, graphs and references. [Taken from journal abstract].