Hotel and Club Associates, Inc. is a real estate appraisal firm specializing in the valuation of hospitality and golf and country club properties. These types of properties have a unique set of valuation metrics. In specialization, we are able to understand the unique characteristics and intricacies of these properties. Further, we are able to maintain more complete databases and a body of knowledge that are specific to these property types.
Hotel and golf properties typically trade in the marketplace as total going concerns inclusive of real property, business personal property, and intangibles. Typically, our appraisals begin with an analysis of the total going concern followed by an allocation between the various components. Appraisals are generally used for the following purposes:
Common Uses of of Appraisals
- Mortgage Lending/Collateral Assessment
- Property Taxation
- Estate Tax Filings
- Charitable Contributions
- Eminent Domain
- Legal Disputes – Damage Claims
Property Types
| Hotel Appraisals | Golf Club Appraisals |
|---|---|
| Limited Service Hotels | Daily Fee Golf Courses |
| Select Service Hotels | Semi-Private Golf Clubs |
| Full Service Hotels | Private Country Clubs |
| Resort Hotels | Resort Golf Clubs |
| Bed and Breakfast | Municipal Golf Courses |