AI Debate Webinar on Allocation of Hotel Assets

This event is recommended by Clive Lowe FRICS:

When an assignment requires the valuation of just a hotel’s real property component, an allocation of hotel personal property and business value is necessary. Two internationally renowned experts on this topic – David C. Lennhoff, MAI, SRA and Steve Rushmore, MAI, FRICS, CHA – will present their “famous” debate on this methodology in this 2-hour webinar! What You'll Learn: Why allocations of hotel personal property and business value are necessary in valuations for loans, condemnation, tax appeals and portfolio evaluations Why hotels differ from other property types due to their franchises, marketing, rewards programs and other brand differentiation aspects The appropriateness of representing management and franchise fees as the intangible element The propriety of deducting business start-up costs Important nuances of the deduction for a return on and of tangible personalty and its relationship to replacement allowance deductions Speakers: David C. Lennhoff, MAI, SRA, is president of PGH Consulting, LLC, Rockville, Maryland. His practice centers on litigation valuation and expert testimony relating to appraisal methodology, USPAP and allocating assets of a going concern. Steve Rushmore, MAI, FRICS, CHA, president and founder of HVS, a global hospitality consulting organization, has provided consultation services for more than 15,000 hotels throughout the world during his 40-year career and specializes in complex issues involving hotel feasibility, valuations and financing. Eddie Tantoco, CPA, vice president, property tax with Starwood Hotels has been a property tax practitioner for over 20 years and has practiced in the U.S., Canada and the Caribbean.

Date:
Tuesday, October 26, 2010

Time:
2:00 pm Eastern Time

Location:
Webinar

Cost:
$55 for AI members
$120 for non-members

Register for both the Oct. 26: "A Debate on the Allocation of Hotel Total Assets" and the Nov. 10: "REIS & GIPS: Investment Firm and Institutional Investor Initiatives and Perspectives on Real Estate Valuation" webinars and get 20% off the regular registration fees! If you've already registered for either the Oct. 26 or Nov. 10 webinar and would like to receive the bundled price, simply register for the other webinar and use this promo code at checkout: TWP2010. The 20% discount will be applied, so the net cost will equal the package price! Please note: the promo code is only enabled for those who have already registered for one of the webinars

For more details and registration information, please click here.