Hotel Valuation
hotel valuation - hotel appraisal
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In the last years, he tourism ha experienced a fast growth, becoming in a sector clue for he impulse socioeconomic global. Yeah have the intention of invest in a property hotelier, already sea buying either selling, is fundamental advise you properly about the aspects to consider for obtain he worth real of the property and avoid possible losses.
Why is Hotel Appraisal Important?
He sector tourist is highly competitive between the chains hoteliers, that they look for have the best facilities and locations. Carry out a appraisal precise of a hotel is crucial, already that It allows identify the advantages and disadvantages regard to the competence, and detect possible deficiencies that they can correct itself for improve the competitiveness of the hotel.
Features Considered in the Appraisal of a Hotel
Location: To the equal that with others guys of real estate (houses, departments, stores commercials, etc.), the location of the hotel is one of the factors further important. His worth HE will increase either will decrease depending of his location and it that it surrounds.
Category: The quality of the place, the services that offers and his qualification of 1 to 5 stars will influence directly in the appraisal of the hotel.
Antiquity: The antique of the hotel this related with his state general. Yeah requires remodeling, are could increase his worth future, but Yeah No HE they perform, he hotel could depreciate with he time.
Architecture: The distribution of the services inside of the hotel and the quality of the finishes they play a paper crucial in his attraction for the guests. A bad distribution either finishes of low quality they can affect negatively the image of the place.
Brand: The image of the brand is a aspect essential, already that many people prefer stay in chains hoteliers recognized. A brand with bad reputation can drive away to the customers.
Management: The health financial of the hotel is clue in the appraisal. A good management financial, without debts significant, impacts positively in he worth of the property.
Methods for Hotel Valuation
| Method | Description |
|---|---|
| Comparable Sales | This method is based on comparing the hotel with similar properties on the market. The appraiser investigates recent transactions, rentals, and sales to establish a competitive value. |
| Revenue Capitalization Approach | The hotel's future value is estimated by calculating the projected revenue it could generate. It is compared with other hotels that share similar characteristics. |
| Cost Approximation | This approach calculates the value of investments in movable and immovable property, taking into account physical depreciation and economic obsolescence. |
| Based on Multiples | This method measures the hotel's economic potential, projecting its future profits. |
| Replacement | The value of the land and the hotel's lifespan are assessed, which influences its current and future value. |
IFRS or IFRS Related to Hotel Appraisal
To the carry out a appraisal of a hotel, is crucial have in account the rules international of accounting, as the Rules International of Information Financial (IFRS) either IFRS. Some of the further relevant are:
IFRS 13 – Measurement of the Worth Reasonable: Establishes as determine he worth reasonable of a asset when HE requires report it in the states financial.
NIC 16 – Properties, Plant and Equipment: Apply for appreciate assets used in the operations hoteliers, considering his depreciation and revision periodic.
NIC 40 – Investments Real estate: Allows appreciate the hotels as investments, using models of worth reasonable either of cost.
He compliance of are rules ensures the coherence in the processes of appraisal, facilitating the comparison of values to level international.
ANEPSA GLOBAL
In ANEPSA Global, we count with a equipment specialized in appraisal of assets hoteliers. Tea we offer services personalized that comply with the further tall standards international, adapted to your needs specific. Contact us for receive a advice specialized and discover as a appraisal precise can help you to take decisions strategic informed.
