The value of a hotel building is determined by:
A) The assessment of the local (municipal) tax agency
B) The IRS's (Internal Revenue Service's) published guidelines for that size hotel
C) A per room value multiplied by the number of rooms in the hotel
D) Daily RevPar multiplied by 365 days per year
E) An approximate average of A, B, and C together

Question

Quizplus · Accepted Answer

The value of a hotel building is often determined by a per room value multiplied by the number of rooms, as this reflects the income-generating potential of the hotel.

The Value of a Hotel Building Is Determined By