Valuation Request

Hotels/Guesthouses

VALUATION REPORT CONTENTS FOR A TYPICAL HOTEL / GUESTHOUSE

  • Summary of Salient Facts
  • Neighbourhood
  • The Site
  • Buildings
  • Market Conditions
  • Hotel Industry:
    • Visitors
    • Competition
  • Purpose & Function of Appraisal
  • Definition of Market Value
  • Sales Comparison Approach
  • Income Approach:
    • Introduction
    • Potential Gross Income
    • Occupancy Rate
    • Other Income & Operating Expenses
    • Capitalisation Rate
  • Cost Approach
  • Appraisal Process
  • Reconciliation
  • Market Value
  • Insurance Value
  • Limiting Conditions
  • Location Plan
  • Site Plan
  • Photographs
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