In the dynamic world of real estate, valuation plays a pivotal role, also in the hotel sector. Understanding the value of a hotel asset is crucial for various stakeholders, including investors, banks, owners, developers and operators. According to the Royal Institution of Chartered Surveyors (RICS), value is defined as the price agreed upon in an arms-length transaction between informed buyers and sellers after proper marketing . This process is not merely an academic exercise; it is a critical

Tag-uri: Real Estate