A motel 6 sign in front of a building.

Hotel - Motel Appraisals

Accor AmericInn 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 Drury Hotels 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 Home Inns Hyatt Hotels InTown Suites Intercontinental Hotels Group (IHG): Candlewood Suites, Crowne Plaza, Holiday Inn, Staybridge Suites La Quinta Inns & Suites Loews Hotels Marriott International: Courtyard by Marriott, Fairfield Inn, Residence Inn, Springhill Suites, TownePlace Suites Millennium Hotels Motel 6 Omni Hotels & Resorts The Peninsula Hotels Regent Hotels & Resorts Shangri-La Hotels and Resorts Shilo Inns 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 and more…

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.

Valuation Standards

  • 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 market value, also does not incorporate discounts for lack of control or marketability.
Collins and Associates