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...Read More »
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...Read More »
Jun 18, 2023 | Business Appraiser, Business Valuation, Hotel or Motel, Value Drivers
Despite the negative effects of COVID, the hotel and motel industry has experienced healthy revenue growth in recent years. Moving forward, this industry may benefit from increasing travel rates and consumer spending. As such, demand for the hotel and motel industry...Read More »