Collins and Associates provides dependable and accurate Hotel Appraisal Services for commercial properties in Riverside, California, and beyond. Principal David R. Collins is a licensed Certified General Appraiser (G.A.A., S.C.R.E.A.) with over 50 years of experience. We provide commercial appraisals and valuations for hotels and motels with the type of reliable values that banks and major lending institutions require for loans.
562.694.4920 – Call for more information and FREE CONSULTATION
Business Valuations and Appraisals
Valuations are often used to resolve disputes related to estate and gift taxation, shareholder disputes, divorce litigation, and to make other business decisions which require knowing the value of the real estate.
Hotel – Motel Chains in City of Riverside, California
The Ascott Limited
Best Western Hotels
Carlson Rezidor Hotel Group: Radisson, Country Inns & Suites, Park Inn
Choice Hotels: Cambria Suites, Clarion Hotel, Clarion Inn, Comfort Inn, Comfort Suites, Econo Lodge, Mainstay Suites, Quality Inn, Rodeway Inn, Sleep Inn
Fairmont Raffles Hotels and Resorts
Herrera Global: The Four Seasons
Hilton Worldwide: DoubleTree Hotel, Embassy Suites, Hampton Inn & Suites, Hilton Hotels & Resorts, Hilton Garden Inn, Homewood Suites
Intercontinental Hotels Group (IHG): Candlewood Suites, Crowne Plaza, Holiday Inn, Staybridge Suites
La Quinta Inns & Suites
Marriott International: Courtyard by Marriott, Fairfield Inn, Residence Inn, Springhill Suites, TownePlace Suites
Omni Hotels & Resorts
The Peninsula Hotels
Regent Hotels & Resorts
Shangri-La Hotels and Resorts
Starwood Hotels and Resorts: Le Meridien, Sheraton, Westin
Vantage Hospitality Group: America’s Best Value Inn
Wyndham Worldwide: Baymont Inn & Suites, Days Inn, Hawthorn Suites, Howard Johnson’s, Knights Inn, Ramada, Super 8, Travelodge, Wingate By Wyndham, Wyndham Hotels & Resorts
What are the Different Types of Accommodations?
Apartment Rental – Usually has a kitchen, sleeping area and bathroom not shared. This is designed for long term accommodations.
Bed and Breakfast – Some sort of breakfast is included with your night stay.
Hotel – Short term overnight accommodation.
Bungalow – A small house or cottage.
Campus or Dorm Room – College room usually with twin beds.
Extended Stay – Usually more like an apartment that rents by the week or month.
Guest House – A house used to rent on a short term basis for travelers
Home exchange or House Swap – This is exchanging your home for another house for a set time period. This is often arranged through a travel service or club that you join.
Hostel – Shared bedrooms & bathrooms. Some hostels have private bedroom or bathrooms at an extra price. Mostly used by young single travelers.
Inn – An inn is a small hotel usually either in the country or with a pub or tavern. A lot of the time they also have food available.
Lodge – Usually out in nature.
Motel – Rooms usually open out to a parking lot. As the name implies it caters mostly to motorists.
Resort – Accommodation providing a wide verity of amenities and recreational facilities. It is more about the experience. Usually used for vacation or getaways.
Unique Themed Accommodations – Cave, Castle, House Boat, Lighthouse, Railway Car, Tree House, Underwater Hotel
Villa – Usually a country estate made up of several buildings or structures tied together.
Market Value – a value of real estate determined between a willing buyer and a willing seller both in full knowledge of all the relevant facts.
Investment Value – a value a real estate has to a particular investor.
Intrinsic Value – the measure of real estate value that reflects the investor’s in-depth understanding of the property’s economic potential.
Appraisal valuation results can vary considerably depending upon overall goals. In an actual property sale, it would be expected that the buyer and seller, each with an incentive to achieve an optimal outcome, would determine the market value of a property that would compete in the market for such an acquisition. If the synergies are specific to the property being valued, they may not be considered maket value, also does not incorporate discounts for lack of control or marketability.