Hotels and golf courses are special properties valuations that require experience and knowledge in the business market valuation. A number of entities rely on GH VALOREM GROUP INC. for hotel and golf courses valuations and appraisals for existing and proposed projects
For hotel valuations and appraisals of existing properties and proposed projects, particularly lenders that are considering refinancing or issuing a loan on a hotel or hotel project.
The appraisal of a Golf Course without other amenities typically found in a Private Club often means that the club is a for profit business. This is usually, but not always the case, and can affect the value of the property. An operating Golf Course is usually appraised as a Going Concern. Going Concern values include the value of the land, buildings, site improvements, equipment, and goodwill.