Sectors
Hospitality and Leisure Valuation
Hotels, resorts, serviced apartments and leisure property, which are valued with reference to their trading potential as well as their bricks and mortar.
We consider occupancy, average room rates, operating costs and the condition of the asset.
What drives value
- Trading performance: occupancy and average room rates.
- Operating costs and the strength of the operator.
- Location, access and the competing supply.
- The condition of the rooms, public areas and services.
- Furniture, fittings and equipment.
Typical instructions
- Lending to owners and operators.
- Acquisition or sale of a hotel or resort.
- Revaluation for the accounts.
- Insurance reinstatement.
Why clients instruct a valuation
- Bank lending & mortgagesMarket and forced-sale values for property offered as loan security.
- Financial reportingFair values and revaluations for company accounts and audits.
- Insurance & reinstatementWhat it would cost to rebuild, so buildings are insured correctly.
- Compulsory acquisitionIndependent advice on just compensation when land is acquired.
- Litigation & disputesIndependent valuations and expert evidence for courts and settlements.
- Estates & probateValues for succession proceedings and a fair distribution.
- Sale, purchase & lettingMarket value or market rent before you buy, sell or let.
- Rental, statutory & internalMarket rent, rating, stamp duty, tax and internal purposes.
Have a Property Valuation Requirement?
Whether you require a valuation for lending, investment, financial reporting, insurance or another purpose, our team can help establish the appropriate scope of work.