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Author:O'Neill, J. W.
Title:An automated valuation model for hotels
Journal:Cornell Hotel and Restaurant Administration Quarterly
2004 : AUG, VOL. 45:3, p. 260-268
Index terms:Tourist industry
Hotel management
Corporate purchasing
Language:eng
Abstract:An analysis of hotel purchase transactions found that a reasonably firm estimate a hotel's market value can be made using operating ratios. The regression analysis examined such other factors as the region in which the hotel is located, whether the property is in a metropolitan area, its age, and the year of the property's sale.
SCIMA record nr: 255246
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