VALUATION REPORT CONTENTS FOR A TYPICAL HOTEL / GUESTHOUSE
  • Summary of Salient Facts
  • Neighbourhood
  • The Site
  • Buildings
  • Economy
  • Hotel Industry:

    •   -Visitors
      -Competition
  • Purpose & Function of Appraisal
  • Definition of Market Value
  • Sales Comparison Approach
  • Income Approach:

    •   -Introduction
      -Potential Gross Income
      -Occupancy Rate
      -Other Income & Operating Expenses
      -Capitalisation Rate
  • Cost Approach
  • Appraisal Process
  • Reconciliation
  • Market Value
  • Insurance Value
  • Limiting Conditions
  • Location Plan
  • Site Plan
  • Photographs