000 01408cam a2200241 4500
001 ABS68483
008 041118n2004 000 0 eng u
035 _a(Sirsi) u128044
100 _aVerginis, C.
245 _aStakeholders' perceptions of the DCF method in hotel valuations
260 _c2004
490 _aProperty Management
_v22(5) 2004, 358-376(19)
520 _aReports 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].
590 _aABS
590 _aABS
650 _aDISCOUNTED CASH FLOW
650 _aHOTELS
650 _aSTAKEHOLDERS
650 _aCAPITALISATION OF INCOME
690 _aVALUATION AND INVESTMENT APPRAISAL-COMMERCIAL
700 _aTaylor, J.
942 _n0
999 _c118337
_d118337