Queens Moat hotels written down
Language: English Series: Times ; 30 October 1993, 21 | Independent ; 30 October 1993, 21 | Financial Times ; 30 October 1993, 8; 2 November 1993, 25; 4 Novembe | Guardian ; 3 November 193, 11(5)Subject(s): Summary: Queens Moat Houses, Britain`s third largest hotel combine, suffered a pre-tax loss of £101.5m for 1992 partly due to a dramatic reduction of £803.9m in the value of their property portfolio following a revaluation by Jones Lang Wootton of the companies 189 hotels. This has lead to questions about the methods of valuing commercial property and the role of the RICS`s Red Book. The RICS has begun a inquiry into the matter.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB2941-13 (Browse shelf(Opens below)) | 1 | Available | 62638-1001 |
Queens Moat Houses, Britain`s third largest hotel combine, suffered a pre-tax loss of £101.5m for 1992 partly due to a dramatic reduction of £803.9m in the value of their property portfolio following a revaluation by Jones Lang Wootton of the companies 189 hotels. This has lead to questions about the methods of valuing commercial property and the role of the RICS`s Red Book. The RICS has begun a inquiry into the matter.