The hospitality and lodging industry is defined as a service industry which offers a variety of accommodations. These properties, each unique to their market appeal, will include historic inns and bed & breakfasts, hotels and motels, restaurants and entertainment facilities.
Changing market conditions may impact the value of hospitality and lodging facilities. Keeping abreast of the ever-changing market and the impact upon the industry is critical in the valuation process. Cornerstone Appraisal continues to research and gain industry insight critical to proper valuations in the Hospitality and Lodging Industry.