May 30, 2024 | Business Appraisal, Business Valuation, Hotel or Motel, Selling a Business
Selling a hotel can be a rewarding venture. You may want to pursue new opportunities or enjoy a well-deserved retirement. As such, there is potential for capitalizing on the significant equity you have built over the years. A high return on investment depends on the...
May 18, 2024 | Acquisition, Business Appraisal, Business Valuation, Buying a Business, Hotel or Motel
Looking to dive into the bustling world of hospitality? A hotel could be your gateway to a thriving business opportunity. With travel on the rise and tourism showing no signs of slowing down, investing in a hotel can be a smart move. But before you jump in, it is...
Feb 22, 2024 | Equipment Appraisal, Hotel or Motel, machinery and equipment appraisal
Hotels transcend mere lodging. Some are a home away from home. Others might be an escape from home. Hotels are wedding venues, cultural hubs, conference centers, and dining halls. These experiences are all made possible thanks to devoted servers and skillful...
Jan 12, 2024 | Business Appraisal, Business Valuation, Hotel or Motel, machinery and equipment appraisal
Hotels rely on equipment to establish a welcoming and comfortable environment for guests. From furnishings to appliances, the value of hotel equipment is significant. Obtaining a hotel equipment appraisal is critical for determining the value of these assets. The...
Dec 5, 2023 | Business Valuation, Hotel or Motel
Hotels and motels provide temporary lodging services for domestic, business, and international travelers. Despite adverse economic conditions and travel restrictions, the hotel and motel industry has performed well in recent years. Moving forward, IBIS World expects...
Sep 27, 2023 | Business Valuation, Hotel or Motel, Valuation Multiples
Hotels and motels provide temporary housing for domestic and international travelers. This often includes providing food, beverage, recreational, and other additional services. According to IBIS World, there are over 166,000 hotels and motels throughout the United...
