Effective hotel positioning drives positive reviews, competitive pricing, and exceptional service, ultimately leading to long-term success in the hospitality industry.
Read MoreTo calculate the leasehold annual valuation, various formulas are available, including percentage of gross turnover, rent per available room, market rent, and NOI multiplier. However, the choice of formula depends on the specific property and lease agreement. It is advised to consult with a real estate professional or valuer for the best formula.
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