The hotel industry is approaching a crossroads in terms of valuation and transaction volume, according to the latest Hotel Valuation and Transaction Trends for the U.S. Lodging Industry report. Hotel values now exceed their 2006 peaks, and owners who were previously holding out can now sell, so look for a significant increase in transaction volume, says the report. The average value per room is expected to hit $122,000 in 2014, a 15% jump from 2013.
On January 30, BVR will present a webinar, Valuing Hotels, featuring Mark Dayman (CapVal-American Business Appraisers LLC) and Kari Lazarova (Valuation Aspects LLC), two of the foremost experts in the field. They will examine all aspects of hotel management, operations, and, of course, valuation.
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