000 01288cam a2200277 4500
001 ABS65213
008 020222n2002 000 0 eng u
035 _a(Sirsi) u116810
100 _aNilsson, M.
245 _aValuing hotels as business entities
260 _c2002
490 _aJournal of Leisure Property
_v2(1) January 2002, 17-28(11)
520 _aThis paper gives an evaluation of the theoretical context and practical application of different methods of hotel baluation - in particular concentrating on the methods related to the income-generating capacity of a hotel. The findings show a wide range of variation between the methods. Concludes that the 'income-base' income capitalisation methods are the most effective basis for a framework on which to derive the open market value for a hotel, but that other approaches should also be used in order to arrive at the hotel's final value.
590 _aABS
650 _aHOTEL VALUATION
650 _aMETHODOLOGY
650 _aOPEN MARKET VALUE
650 _aINCOME CAPITALISATION APPROACH
650 _aLEISURE PROPERTY
650 _aREPLACEMENT COSTS
650 _aSALES COMPARISON
690 _aVALUATION AND INVESTMENT APPRAISAL-COMMERCIAL
700 _aHarris, P.
700 _aKett, R.
942 _n0
999 _c69568
_d69568