Manual for hospitality industry real estate evaluation
In 2013, our handbook: ” Evaluation of hotel and hospitality properties in practice” was published (ISBN 978-3-906112-15-2).
The purpose of this manual is to provide insight into the subject matter of hotel and hospitality property appraisals and to provide a variety of different estimation methods. It should serve as a working basis for all interested parties, especially credit officers, property appraisers, owners and prospective hotel real estate purchasers.
The manual is aimed at stakeholders in the tourism, finance and construction sectors, so we use language that is generally understandable.
Reasons that led us to produce this manual:
- Training of Activ Gastro HOTEL Immobilier employees
- Basis for the internal hotel and hospitality property evaluation tool
- Education document of the real estate appraiser training USPI, bank employees, companies, etc.
In addition, it is intended to provide an introduction to the extensive appraisal activities, to promote transparency in the evaluation system and to contribute to a better mutual understanding of the construction, real estate, banking and tourism sectors, investors, operators, etc.
In addition, the manual is intended to demonstrate Activ Gastro HOTEL Immobilier’s approach to property valuations.
By studying this manual seriously, the reader should be able to understand the most important elements of the valuation subject matter, to carry out evaluations themselves and to assess external evaluations.