Hotels and Resorts
This class of property basically comes under commercial property type. Hotels and resorts which provide services related to hospitality sectors, such as hotels, clubs, resorts, etc. Even though these properties are categorized as hotels and resorts, it is known as “specialized property” due to the special nature of every unit of this class of property has.
As part of our valuation advisory services we offer valuations for hotel across the country. Our valuations are mainly for mortgage purposes for the financial institutions, accounting purposes and purchase and sale for investors. All these hotels have been considered as trade related properties with a profit earning capacity. They all vary in star class, number of bedrooms and . Some of the iconic hotel valuations were included Mount Lavinia, Elephant Corridor, Goldi Sands, Hemas Hotels and Kani Lanka. With the emerging hotel industry Sunil Fernando & Associates are expected to undertake considerable number of hotel valuations in the future.