Pre-requisite: Recommend BUSI 331 or a thorough understanding of the theory and application of income valuation.
These lessons introduce hotel appraisal, examining the reliability of each of the three approaches to value and the supply and demand factors which affect a hotel's income producing potential. The second lesson provides a practical demonstration of hotel valuation, focusing on the identification and analysis of relevant market factors, and the application of the income approach (discounted cash flow) and direct comparison approach.
FOREWORD: Introduction to Professional Development Courses
LESSON 1: Appraising Hotels
LESSON 2: Hotel Case Study: Super 8 Hotel
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