Economic changes warrant adjustments to hotel assessments. Often hotels experience the soonest and largest losses to value since the businesses are not structured for multi-year leases, as common for other commercial property types.
We assist hotels with appeals following economic changes, property sales, audits of business property, and following a range of issues that affect property value.
Hotel brands for whom we successfully completed appeals to date include Hilton, Crowne Plaza, Marriott, Hyatt, Hampton Inn, Holiday Inn, Embassy Suites, Ramada, Staybridge Suites, Homewood Suites, Hilton Garden Inn, Best Western, Hawthorne Suites, Days Inn, and Chablis Inn.
Director, Valuation Services