In my previous newsletters, I describe the virtues of utilizing the mortgage-equity technique when valuing hotels and other types of income properties. This newsletter will explain how to determine the return on the equity component which is based more on the transaction market rather than the financial market. My approach will probably surprise you.
René-Ojas Woltering hospitalitynet.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hospitalitynet.org Daily Mail and Mail on Sunday newspapers.
Hotels in the UK are experiencing a post-Covid rebound according to the latest research from global property adviser Knight Frank. London hotels achieved an occupancy rate of 82% in June 2023, a rise of 3.2 percentage points year-on-year, whilst hotels outside the capital recorded growth of four percentage points to almost 81% occupancy versus 2022.
Sydney’s hotel sector has bounced back to the pre-pandemic era with a swathe of rooms on the market, but staffing issues are still prevalent in the lead-up to the busy summer holiday season.