HOTELS

Property taxes, a major component of hotel operating expenses, directly affect the bottom line annual operating performance and ultimate property sale price.

Hotel assessments are typically
inaccurate by 20-30%.

Property taxes, a major component of hotel operating expenses, directly affect the bottom line success of a property. We dedicate significant team resources who specialize in the valuation of hotels for property tax appeal support.

Our valuation process concentrates primarily on segregating the going concern value of the hotel’s entire business into real estate, personal property and intangible value components. Frequently, during hotel assessments, the personal property and intangible segregation steps for the hotel valuation get lost in the shuffle and the owner can suffer through higher annual operating costs and lower residual investment value overall.

Over the years, we have helped numerous hotel operators with improving their hotel financial performance through lower property tax levels.

Speak to a consultant that has saved millions of dollars to clients who never realized they were over paying taxes.

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