hotel valuation

As anticipated, Ohio recently passed S.B. 57 into law that may provide a finite group of property owners with property tax relief due to the Covid-19 pandemic. Attorneys from Sleggs Danzinger & Gill breakdown what this may mean for some Ohio properties and businesses. Here are the highlights: 1. The potential tax relief will relate to Tax

What Drove Hotel Values to Decline in 2020?

The once-in-a-century pandemic has caused hoteliers to endure a firestorm that decimated the hotel and leisure industries. The growing COVID-19 cases across the U.S., as well as government restrictions on travel that further stress demand, continue to leave the hotel industry significantly behind pre-pandemic levels in terms of revenues, profitability and valuations. Gateway cities such

As Hotel News Now reports, hotel transactions are expected to pick up in 2021 after decreasing dramatically in 2020 in response to the pandemic. Published by: Dana Miller/Hotel News Now Published date: February 2021 After a dour 2020, the pace of deals in the U.S. hotel industry is expected to pick up this year, even

Best Practices and Strategies for  Determining Value for Hospitality Properties

Discussing current hotel valuation issues, H&LA’s David Sangree, MAI, CPA, ISHC presented at the 30th Annual Ohio Business Tax Conference & Virtual Institute in January, 2021. David discussed the impact that the COVID-19 pandemic has had on the hospitality industry and presented the best strategies for determining the value of hospitality properties. Click below to

Top 10 hotel trends in 2020: Are they here to stay?

Back when we were all naïve enough to think that 2020’s biggest headache would be a seemingly endless year of political campaign ads, hotels and resorts in the U.S. were poised to enjoy the fruits of a robust economy. But the onset of the COVID-19 pandemic threw the industry into chaos, forcing hotels and resorts

Published by: Jason Garcia/Orlando Sun Sentinel Published date: July 2020 Walt Disney World and the lodging industry lobby just won a sweeping legal victory that could save Disney and other big hotel owners millions of dollars in taxes. Ruling in a years-long lawsuit between Disney and Orange County Property Appraiser Rick Singh, an appellate court