The Keys is a series of informative articles by Liz Galea, founder of Stellar Accommodation Brokers.
These articles provide expert insight into everything you need to know when buying and selling accommodation businesses
What Is My Motel or Serviced Apartment Business Really Worth?
What is my motel or serviced apartment business actually worth?
It's one of the most common questions accommodation owners ask, and the answer is often more complex than they expect. Unlike residential property, where comparable sales can provide a useful guide, accommodation businesses are valued on a combination of earnings, lease structure, location, property condition and buyer demand.