000 01314cam a2200265 4500
001 ABS66586
008 030422n2003 000 0 eng u
035 _a(Sirsi) u122045
100 _aGammage, D.
245 _aHow to book a long stay
260 _c2003
490 _aEstates Gazette
_v(0310) 8 March 2003, 155(1)
520 _aEvaluates very positively the sale and leaseback approach to hotel financing given the severely limited options open to hotel companies seeking to raise finance in today's market. Sale and leaseback enables hoteliers to restructure their property portfolios and gain money for expansion. Describes the latest lease deals such as turnover-based leases where the investor works in partnership with the hotel operator rather than just offering a lease on a set rent, often employing professional asset managers to monitor performance-based rents and protect the residual value of the property asset.
590 _aABS
650 _aCOMMERCIAL LEASES
650 _aPROPERTY PORTFOLIOS
650 _aASSET MANAGEMENT
650 _aTURNOVER RENT LEASES
650 _aFINANCING
650 _aHOTELS
650 _aPERFORMANCE-BASED RENTS
650 _aSALE AND LEASEBACK
690 _aPROPERTY-COMMERCIAL PROPERTY-COMMERCIAL PROPERTY FINANCE AND INVESTMENT
942 _n0
999 _c72520
_d72520