Valuation of Hotels for Investors (Paperback)

1. Background and Setting the Scene   2. The Purpose of the Valuation and Statutory Guidance   3. Basic Valuation Methodologies for Capital Valuations   4. Basic Valuation Methodolgy for Annual Valuations   5. The Essentials ? Getting to the sustainable EBITDA or Divisible Balance   6. Queries Affecting Hotel Value   7. The Treatment of CapEx   8. Yield Selection for VP Properties   9. The Fundamentals of the Hotel Investment Market   10. Yield Selection for Investments   11. Establishing the Market Rent for a Property   12. Assessing the Rateable Value of a Hotel   13. Site Values ? How they are determined   14. Forced Sales Values   15. Professional Negligence in Hotel Valuations