Valuing Limited- Service Hotels: A Pragmatic Framework from a Broker's Perspective.

This article presents a hotel broker's perspective of the limited service hotel market. The discussion attempts to bridge the gap between the theoretical framework by which an appraiser typically ap–proaches an appraisal assignment for a lim–ited-service hotel and the real world motiva–tions and behaviors of buyers and sellers in actual purchase transactions. Rather than offering quantita–tive models, this article focuses on the buyer-behavior aspect of the valuation process for a limited-service hotel property.

Hinton, Byron B. (2008). Valuing Limited- Service Hotels: A Pragmatic Framework from a Broker's Perspective. Appraisal Journal, Volume 76 p47-53