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This book encompasses the global hotel market and issues in the lodging industry. Included with the purchase of this book is Hotel Valuation Software, a valuable tool that appraisers can use to analyze hotel properties in any market.

Major topics covered in this text include:

• The development of the hotel industry in Europe, South America, India, China, and the United States
• Supply and demand issues
• Hotel market studies
• Forecasting revenues and expenses
• The valuation process, and
• The state of the lodging industry.

A realistic case study is also included to illustrate the concepts discussed and demonstrate the valuation software.

Hotel Market Analysis and Valuation: International Issues and Software Applications is unique in that it provides an in-depth and technologically advanced discussion of the market analysis and valuation of hotels around the world. It contains a wealth of information that will prove useful to appraisers as well as hotel developers, investors, and lenders.