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Category: Article

How Much Is A Hotel Worth? – by Allison Fogarty

July 16, 2020

In the case of property tax assessments in Florida, probably somewhat less than the county property appraiser assumes. A recent court decision invalidated the method used by many county property tax appraisers in Florida to develop “just” values for hotels. The Background Walt Disney Parks and Resorts successfully argued that the Orange County Property Appraiser […]

Hotels at Secondary and Tertiary Airports Will Suffer Longer – by Jenny Lee

May 19, 2020

The coronavirus pandemic’s impact on travel is thought to be six or seven times greater than the 9/11 attacks, according to the U.S. Travel Association.  Air travel volume fell precipitously through March.  The estimated revenue losses by air carriers in 2020 is at least $252 billion.  In late March, domestic carriers received a $60 billion […]

When to Reopen Your Hotel: The Decision to Shut Down was Hard but the Decision to Re-Open is even Harder – by Matthew R. Arrants, ISHC, CHAM

April 29, 2020

Politicians and industry leaders are struggling with when to allow hotels to open.  Even when policy changes, just because hotels can reopen does not mean they should.  When the pandemic hit U.S. shores, owners and operators were immediately concerned with the health and safety of their employees and guests.  As occupancy levels plummeted, owners and […]