Capitalization, Hotels and taverns
This article explores the steps involved in developing a capitalization rate from the marketplace for hotel/motel properties, which can be used by a local jurisdiction in the mass appraisal process.
"Development of a hotel/motel capitalization rate from the marketplace,"
Assessment Journal: Vol. 10:
2, Article 6.
Available at: https://researchexchange.iaao.org/assessment_journal/vol10/iss2/6