Hotel and motel investment is a specialized part of the commercial real estate world. But what are the tricks of the trade? Find out what you need to know about management, security, brokerage, and appraisal in the Hotel/Motel Properties real estate topic page.


NAR Library & Archives has already done the research for you. References (formerly Field Guides) offer links to articles, eBooks, websites, statistics, and more to provide a comprehensive overview of perspectives. EBSCO articles (E) are available only to NAR members and require the member's nar.realtor login.

Investing in Hotels & M​otels

Hyatt Stock: Should You Buy the Dip? (Forbes, Jun. 7, 2021)

5 Tips to Outsmart Competition in the Post-COVID Hotel Market (Hospitality Net, Jun. 7, 2021)

Remember When You Could Score a Bargain on Airbnb? Not Anymore (Market Watch, Jun. 5, 2021)

New York Travel is Down. Plenty of Hotels Are Opening Anyway (The Wall Street Journal, May 11, 2021)

Stumbling Hotel Industry Starts to Regain Footing After Its Worst Year (The Wall Street Journal, Mar. 16, 2021)

This Is What It’s Like to Open a Hotel Right Now (Million Acres, Feb. 9, 2021)

Hotel/Motel Ma​nagement

NYC Temporarily Eliminating Hotel Room Occupancy Tax to Boost Tourism (Travel Pulse, May 21, 2021)

COVID-19 Management in Hotels (Hospitality Net, May 18, 2021)

Marriott CEO: Finding New Hotel Employees Has Been Tough as Demand Spikes (Yahoo! Finance, May 11, 2021)

Do the Motels of the Past Have a Future in a Post-Covid World? (Travel Weekly, Mar. 8, 2021)

Empty Hotels are Being Reimagined as Tiny Apartments (REALTOR® Magazine, Dec. 22, 2020)

Marriot CEO Wants Workers Back in Offices – and Traveling for Business (The Real Deal, Nov. 9, 2020)

Safety & Security I​ssues

Why Hotels Need Strong Security for Contactless Check-In (Hotel Management, Apr. 15, 2021)

Hospitality Security Adjusts to COVID-19 Constraints (Security, Feb. 8, 2021)

Newest Amenity at Hotels? Covid-19 Test at Check-in or Before Your Flight (NBC News, Dec. 31, 2020)

Need to Stay at a Hotel? Try These Pandemic Tactics (Los Angeles Times, Nov. 13, 2020)

Appraisal Consid​erations

Sac, West Paid Millions Over Appraised Values for Two Motels Under Homekey Program (Sacramento Business Journal, Apr. 1, 2021)

Value of Beekman Tower Cut by 45% in New Appraisal (The Real Deal, Mar, 17, 2021)

Five Commercial Real Estate Valuation. Methods (First Republic, Jun. 13, 2019)

The Art and Science of Hotel Valuation (Hotelier, May 8, 2019)

The Basics of Hotel Valuation (Stonehill, Apr. 10, 2019)

eBooks & Other Resources


The following eBooks and digital audiobooks are available to NAR members:

Chocolates on the pillow aren't enough: reinventing the customer experience (eBook)

Commercial Real Estate Restructuring Revolution: Strategies, Tranche Warfare, and Prospects for Recovery (eBook)

Growth Strategies for Hotels (eBook)

Hotel Success Handbook (eBook)

Books, Videos, Research Reports & More

The resources below are available for loan through Member Support. Up to three books, tapes, CDs and/or DVDs can be borrowed for 30 days from the Library for a nominal fee of $10. Call Member Support at 800-874-6500 for assistance.

2019 Hotel Management Survey (Hotel Management, 2019) E

2019 Hotel Management Survey Top Design Firms (Hotel Management, 2019) E

Commercial Real Estate Quarterly Market Survey (National Association of REALTORS®)

—See this report for quarterly cap and vacancy rates for hotel properties.

Resort Development (Chicago: Urban Land Institute, 2008) NAC 1800 Ur1rd1

Climbing the Real Estate Risk Spectrum (Chicago: Real Estate Research Corp., 2007) HD 1375 R22c

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