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The Valuation of Hotels and Motels for Assessment Purposes by Stephen Rushmore, MAI, and Karen E. Rubin The valuation of hotels and motels is a highly specialized form of real estate appraisal,

present in 45 percent of reported nonconfined fires in occupied hotels and motels. In 1980, the National Fire Protection Association (NFPA) estimated that 12,200 fires occurred in hotels and motels. The estimated numbers of fires in hotels and motels has sharply declined since then. Deaths and injuries resulting from these fires has also declined.

ratios, etc., for motels accounting for size, age, quality and location. 3) Analyze income and expense data, and stabilize data to reflect typical three-year performance. 4) Compare actual income and expenses with similar motels in each locality in Ontario. 5) Establish gross income multipliers (GIM) from the sales data.

Male 1 Cheap Medium Bus Female 1 Cheap Medium Train Female 0 Cheap Low Bus Male 1 Cheap Medium Bus Male 0 Standard Medium Train Female 1 Standard Medium Train Female 1 Expensive High Car Male 2 Expensive Medium Car Female 2 Expensive High Car Based on above training data, we can induce a decision tree as the following:

The intent of the guidelines will be to serve as an informational source for BER hotels/motels with the te an existing policy or guideline, as a have any type of policy or guidelines to refer to ntended as a legal source of advice. If you plan to use the guidelines as a policy, please follow the proper channels for policy development at your

If a dhandho investor is given a choice to invest in Google or in Patel's motels, the dhandho logic will guide him towards the more straightforward choice, i.e. the motel business. Yes, compared to motels, Google is far more valuable currently with many exciting prospects ahead in this fast-changing world.

78 Scientific American March 1998 The End of Cheap Oil The End of Cheap Oil . serves “proved” only if the oil lies near a producing well and there is “reason- . many P90 reserve estimates always un - derstates the amount of proved oil in a region. The only correct way to total

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Value Investing in a Nutshell There are bells and whistles when we do it, but this is the general idea Source: AQR. For illustrative purposes only and not representative of any portfolio that AQR currently manages. 4 Investing Style Factor Long hort Market Growth (Expensive) Value (Cheap) Value (Cheap) (Cheap) Growth (Expensive)

Honky Tonks and Cheap Motels under the new name Whitey Morgan and the 78s) on Small Stone Records. On these first projects, the band showed a remarkable ability to craft convincingly authentic honky-tonk music, and also to pull off feats like wrangling a cover of Van Halen's "Run-nin' with the Devil" into a form that would have fit