Basic Hotel Appraising - Limited Service Hotels

4.19 Average Customer Rating

5 stars
(466)
4 stars
(453)
3 stars
(154)
2 stars
(33)
1 stars
(10)
Basic Hotel Appraising - Limited Service Hotels has earned an average of 4.19 out of 5 stars from 1116
$125.99
This course was developed specifically for the commercial appraiser who wants to branch out into the specialty of limited-service hotel appraisals. It is the starting course for hotel appraisers. The course assumes that the student appraiser has had training on the sales comparison approach and the income approach including discounted cash flow analysis. This course ties that training to the specialty of limited-service hotel appraisal. 

The initial chapters give the appraiser a foundation in the hotel market and the factors that influence supply and demand. The sales comparison approach material addressed how some adjustments are unique to hotels or adapted to hotels. The two income approach chapters familiarize the appraiser with how to: (1) To understand the estimation of income, expenses and capital expenditures specific to limited-service hotels and (2) To apply the income approach to both stabilized and un-stabilized limited-service hotels as well as those requiring renovation.

Chapter list:

1. Chapter 1: Hotel Industry, Hotel Characteristics & Financial Operation
2. Chapter 2: Sales Comparison Approach for Limited-service Hotel Appraisals
3. Chapter 3: Income Approach –Direct Capitalization for Limited-Service Hotels
4. Chapter 4: Discounted Cash Flow Analysis
5. Final Exam

Course ratings and reviews

McKissock is rated 4.2 out of 5 by 1111.
Rated 5 out of 5 by from great course but not easy with lack of prior experience in these properties
Date published: 2019-06-19
Rated 5 out of 5 by from Easy to navigate, clear discussion, simple format.
Date published: 2019-05-31
Rated 5 out of 5 by from Good course. Contains some information you are likely to never need but does so in an informative way.
Date published: 2019-05-07
Rated 5 out of 5 by from The material was presented in a very clear and comprehensible manner! Great course for a refresher on the discounted cash flows.
Date published: 2019-05-03
Rated 5 out of 5 by from excellent
Date published: 2019-03-27
Rated 5 out of 5 by from Excellent course. Very informative and well-organized.
Date published: 2019-02-27
Rated 5 out of 5 by from The course was informative and reinforced typical methodology use in the valuation process.
Date published: 2019-02-08
Rated 5 out of 5 by from WELL ORGANIZED AND INFORMATIVE ESPECIALLY IN REGARDS TO ALLOCATION OF ASSETS
Date published: 2018-10-24
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