The Real Drivers of Hotel Value (Most Operators Ignore Them)
The real drivers of hotel value are the durability of cash flow, the risks attached to that cash flow, and the systems that make performance repeatable. Want to maximize your hotel’s success? In Sydney and across Australasia, owners and investors often fixate on RevPAR and occupancy, then get surprised when valuations do not move in step. Sophisticated buyers underwrite [...]
