Valuation Report/1st Opinion

At SHS, we provide independent valuation and fair market appraisal services for hotel trading businesses and their underlying real estate assets. Each assignment is carefully tailored to meet the client’s specific objectives, resulting in a comprehensive feasibility and business valuation report complete with a professional opinion of value.

All valuation reports are prepared in full compliance with the Royal Institution of Chartered Surveyors (RICS) Red Book and International Valuation Standards (IVS); they are conducted by a fully qualified Chartered Surveyor (MRICS).

Our valuation process considers both the operational and physical dimensions of the property. We assess the hotel’s trading potential, the technical and structural condition of the asset, covenant strength, and required capital expenditures. Additionally, we review management performance, marketing policies, brand positioning, and distribution strategies to ensure that every value driver is captured.

In the field of hotel property valuations, our process typically includes:

·        Terms of Engagement– negotiation and acceptance of terms of engagement;

·        Site Inspection – detailed examination of the property or development site;

·        Market Study & Assumptions – preparation of supporting market analysis, property description, and valuation assumptions;

·        Trading Potential Assessment – review of current and projected operational performance;

·        Preliminary Financial Forecast – development of indicative trading and revenue projections;

·        Income Estimation – calculation of Net Operating Income (NOI) / EBITDA and the appropriate yield;

·        Valuation Triangulation – application of multiple methodologies, including Discounted Cash Flow (DCF), Comparative, and Cost Replacement methods.

     · Methodology Explanation – transparent presentation of valuation techniques and results.

Whether for investment, financing, acquisition, or internal reporting, our valuation services deliver an accurate, RICS Red Book compliant, and market-reflective assessment—providing the financial clarity and confidence essential for strategic decision-making.