The International Network of Hospitality Consulting Professionals

The Trifecta of Lodging Acquisition Studies

Congratulations! You have acquired a new Lodging Property. After months, or years, of due diligence, you have finally closed on your newly acquired Lodging Property. During the due diligence process, and calculating the bid price ($), it is likely your Acquisition Team focused on assts, liabilities, capital, room type, room count, room rates, length of […]

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Loosing Money

Bonus Depreciation Fading Away

Bonus Depreciation is fading away over the next 5 years. With the help of the IRS Section 179 Deduction and still powerful Bonus Depreciation, lodging Owners can save thousands of dollars in federal income tax savings in 2022 and beyond. IRS Section 179 Depreciation Section 179 of the United States Internal Revenue Code (26 U.S.C. § 179), allows a taxpayer to elect […]

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Calculator

3 Ways to Calculate Valuation for a Hotel Appraisal

When buying or selling a hotel, there are many steps to conducting a hotel appraisal.  Previously, we highlighted the needed market research including environment, supply/demand, location and highest and best use in our guide to practical hotel appraisals. Once this analysis has been completed and projected income and expense calculations have been made, a licensed […]

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How Much Is Your Property Worth?,Written,On,Chalkboard

A Practical Guide to Hotel Appraisals

As hotel lodging performance continues to recover from the effects of Covid-19, there have been increasing signs that investors are again buying, selling or refinancing of hotel assets. This comes sometimes in spite of mixed messages as to the speed and strength of this recovery. Hotel Appraisals & Expectations A key fundamental of these transactional […]

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Hotel Housekeeping

The Hospitality Employee Conundrum and How to Adapt

As we come out of the pandemic, the conundrum of finding and retaining hotel employees has reached new levels. Prior to the pandemic, this challenge was primarily experienced in extremely low unemployment markets (like Austin and San Francisco) as well as highly seasonal markets that had to flex labor to match changes in demand. Our […]

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Five Essentials for Present Day Hotel Operations

It has been one year since the historical COVID-19 pandemic made its debut, affecting the entire population and economies around the world. It is evident that out of all the industries negatively affected by this economic tsunami, the hospitality industry has been, and will most likely remain, the most impacted and the slowest to recover. […]

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Stress Test Before You Invest: Hotel Demand

The pandemic has created challenges for hotel owners like none they have ever seen.  STR reports that U.S. hotel profits fell almost 85% in 2020, making it the worst year on record for the industry. As you may have seen in an inspirational Instagram quote (or 17), every challenge brings new opportunities, and there are […]

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