Book “Hotel Investment & Valuation” EGEA Publisher

Welcome to the page dedicated to the book Hotel Investment & ValuationMethodologies and cases by Giacomo Morri & Fabrizio Trimarchi (Egea 2020).

A profound transformation affects the hotel sector: in the face of a widespread presence of accommodation in Italy and its undisputed tourist vocation, the overall changes in the tourism sector have produced disruptive effects on hotel businesses.

In this hypercompetitive scenario, the issue of value and how to create and measure it becomes crucial for hoteliers, placing the hotel property at the center of this metamorphosis. On the one hand, generational turnover in hotel businesses generates the need to know its value, also for the purpose of transfer; on the other, the need for requalification feeds the need to calculate the convenience of investments, with the ultimate aim of increasing the value of the asset.

In addition, the hotel asset is fully part of the strategies of real estate investors, amplifying the need for skills and expertise in investment analysis. The value of the property in which the hotel business is carried out is strongly linked to the business activity carried out in it. The volume deals with – from a methodological point of view and with practical examples – the methods of creating and quantifying the value of the hotel property, based on methodologies widely used in the evaluation of the company and real estate.

For a complete view of the work, you can view the dedicated website:

Hotel Investment & Valuation

The site represents a full-fledged support an integral part of the editorial work with:

  1. Interactive bibliography with the possibility of directly consulting the studies cited thanks to numerous links to the original documents
  2. Spreadsheet models with evaluation examples for better study and immediate use for educational purposes
  3. Links to sites mentioned in the text and others of interest on related topics
  4. Presentations with slides to retrace the issues addressed in each chapter, which allow the reader to have a summary of what has been treated and represent a useful teaching tool for teachers

Giacomo Morri & Fabrizio Trimarchi