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Hotel/Motel Appraisal
NYC Real Estate Appraisals has hotel appraisal experience in Manhattan, Queens, Brooklyn and New Jersey. We maintain the largest database of NYC hotel income, expense and sales data that exists. Our accurate data and advanced experience enable us to provide credible valuations for hotel owners, operators, lenders, brokers, investors and other professionals. Through our relationships with leading OTAs (online travel agencies) we gain exclusive access to historic and real-time hotel occupancy and room rate data that is crucial to providing an accurate valuation of New York City hotel properties. Request Appraisal Quote
NYC Real Estate Appraisals has appraisal experience with the following NYC hotel/lodging building classes:
HB - Boutique: 10-100 Rooms, W/Luxury Facilities, Themed, Stylish, W/Full Svc Accommodations
HH - Hostels- Bed Rentals In Dormitory-Like Settings W/Shared Rooms & Bathrooms
HR - Sro- 1 Or 2 People Housed In Individual Rooms In Multiple Dwelling Affordable Housing
HS - Extended Stay/Suite: Amenities Similar To Apt; Typically Charge Weekly Rates & Less Expensive Than Full-Service Hotel
H1 - Luxury Hotel
H2 - Full Service Hotel
H3 - Limited Service; Many Affiliated With National Chain
H4 - Motel
H5 - Hotel; Private Club, Luxury Type
H6 - Apartment Hotel
H7 - Apartment Hotel - Cooperatively Owned
H8 - Dormitory
H9 - Miscellaneous Hotel