HOTEL PROPERTY: A COMPREHENSIVE TAX EXPERIENCE

Our team has a vast amount of hands on experience in various areas of real estate including the lodging industry. As such, we have an understanding of the impact of Rev-Par, PIP, Branding Fee and Franchise Fees, FF&E allocations and the intangible value associated with the brand as it relates to the market value.

Lodging properties have a specific constraint unlike all other real estate. The taxing authorities can develop their own assumptions as to occupancy, quality of construction, room rates and sales volume more readily than other asset classes since they can easily gain access to many of the public areas. Our approach is to quantify the quality through unique modeling to illustrate and dismantle the assessor’s pre-determined assumptions.