To 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.
Read MoreThe incorporation of wellness offerings in the hotel industry is gaining popularity due to its ability to address seasonality, provide guests with a range of physical and mental benefits, and increase revenue and guest satisfaction by creating a positive environment.
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