Field Guide to Hotel/Motel Properties (NAR Information Central)
(Updated January 2008)
Hotel/motel investment is a specialized part of the commercial real estate world. But what are the tricks of the trade? Find out what you need to know about management, security, brokerage and appraisal in the Field Guide to Hotel Properties below. (M. Martinez, Library Manager)
Contents:
Investing in Hotels & Motels | Hotel/Motel Management | Security Issues | Appraisal Considerations | Books, eBooks & Other Resources
Investing in Hotels & Motels
Capital markets in flux, (Hotelinteractive.com, Dec. 21, 2007).
Will hotel investment frenzy fizzle?, (National Real Estate Investor, Dec. 1, 2007).
Demand for mega-hotel deals poised to soften, (National Real Estate Investor, Nov. 27, 2007).
Super-sized, (Baron's, Feb. 2, 2004). 
Hotel/Motel Management
It's basic customer service, (Hotel & Motel Management, Dec. 6, 2007).
The Marshall Plan, (Lodging Hospitality, Mar. 15, 2007).
Market-Driven Design, (Lodging Hospitality, Sept. 15, 2004).
The art of buying and selling hotels, (Lodging Hospitality, Sept. 2002).
Don't break these advertising rules, (Lodging Hospitality, Oct 2002).
Security Issues
Smoke, mirrors and security semantics, (Hotelinteractive.com, Aug. 15, 2007).
The Value Proposition of In-Room Safes, (Lodging Hospitality, Nov. 2004).
Hacking Inn, (Fortune, Jan. 26, 2004).
Better Safe than Sorry, (Lodging and Hospitality, Oct. 2003).
Safety: All the rage in design, (Lodging Hospitality, Oct. 2002).
Appraisal Considerations
New opportunity for hotel property tax reduction, (www.hotelnewsresource.com, Dec. 7, 2007).
Appraisal and market analysis of indoor waterpark resorts, (www.hospitalitynet.org, Oct. 22, 2007).
HVS 2007 U.S. Hotel Valuation Index shows per-room values increased an average 22 percent, (Hotel & Motel Management, July 5, 2007).
A New Approach to Hotel Values, (Lodging Hospitality, Nov. 2004).
The Inn Crowd, (Commercial Investment Real Estate, Sept./Oct. 2004).
What is your hotel worth?, (Lodging Hospitality, May 15, 2003).
Business value allocation in lodging valuation, (The Appraisal Journal, July 2001).
The agency relationships involved in hotel appraisals completed for the Resolution Trust Corporation and institutional lenders, (The Appraisal Journal, Apr 2001).
Intangible assets in an operating first-class downtown hotel, (The Appraisal Journal, Jan. 2001).
eBooks & Other Resources
Books, Videos, Research Reports & More
The resources below are available for loan through Information Central. Up to three books, tapes, CDs and/or DVDs can be borrowed for 30 days from the Library for a nominal fee of $10. Call Information Central at 800.874.6500 for assistance.
Hotel and motel sales, marketing and promotion: Strategies to impact revenue and increase occupancy, (San Francisco: Infinite Corridor, 1997). TX 911 W83
Step by step approach to hotel development, (East Lansing, MI: American Hotel & Motel Association, Education Institute, 1992). TX 911 Am3
Hotels and motels: A Guide to market analysis, investment analysis, and valuations, (Chicago: Appraisal Institute, 1992). HD 1387 Ap6h
Managing hotels effectively: Lessons from outstanding general managers, (New York: Van Vostrand Reinhold, 1991). TX 911 N27
Field Guides & More
These Field Guides and other resources in the Virtual Library may also be of interest:
Field Guide to Short-Term Rental Restrictions
Field Guide to Condo-Hotels
The inclusion of links on this Field Guide does not imply endorsement by the National Association of REALTORS®. NAR makes no representations about whether the content of any external sites which may be linked to this Field Guide complies with state or federal laws or regulations or with applicable NAR policies. These links are provided for your convenience only and you rely on them at your own risk.
