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.


We've already done the research for you.

Before you search elsewhere, take advantage of the research we've already done for you. Formerly known as Field Guides, References tabs contain links to external articles, titles from the NAR Library eBooks collection, websites, statistics, and other material to provide a comprehensive overview of perspectives on each topic. EBSCO articles (E) are available only to NAR members and require a password.

Investing in Hotels & M​otels

EB-5, a Once Little Known Program, is Becoming a Mainstream Source of Hotel Financing, (Hotel Executive, 2016).

What’s Behind the Dual-Brand Hotel Trend? (National Real Estate Investor, Feb. 8, 2016).

Hotel Investment Outlook 2016, (JLL, Jan. 2016).

Hotel Cost Estimating Guide 2015, (JN+A and HVS Design, 2015).

Six Proven Strategies for Investing in Your Hotel's Back of the House, (HVS, Apr. 13, 2015). E

Hotel and Commercial Real Estate Crowdfunding Sites Launched, (Opp.Today, May 5, 2015).

Lifestyle Hotels: The Emergence of a New Creative Class, (HVS, Apr. 15, 2015).

Hotel/Motel Ma​nagement

The changing role of front desks in lobby design, (Hotel Management, May 13, 2016).

Hospitality & Hotel Marketing Trends in 2016, (Nerval Corporation via Llenrock Blog, May 5, 2016).

What Guests Really Think of Your Hotel: Text Analytics of Online Customer Reviews, (Cornell Center for Hospitality Research, Feb. 9, 2016).

Top Third-Party Management Companies, (Hotel Management, Dec. 2015). E

Case Study: Challenge the Middlemen? (Harvard Business Review, Dec. 2015). E

The Millennial Shift in Hotel Brands, (HVS, Dec. 2015). E

Is Instagram an Under-Utilized Platform in Hospitality? (Hotel Business, May 7, 2015).

Hints for Creating a Successful Hotel Marketing Plan, (Hospitalitynet, Apr. 30, 2015).

How to Set Up a Solid Preventive Maintenance Program, (Hotel Management, Apr. 21, 2015). E

Safety & Security I​ssues

Protecting Hotel Industry Businesses from Liability for Terror Attacks, (Real Estate Finance, Spring 2016). E

What the Erin Andrews case will mean for hotel security, (Hotel Management, Apr. 19, 2016).

Keeping security in check is vital for mobile POS usage, (Hotel Management, Mar. 24, 2016).

Hotel Wi-Fi Focus: Access & Security, (Hospitality Technology, May 8, 2015).

3 Questions for Hotel Cos. Buying Data Breach Coverage, (Law 360, Mar. 2, 2015).

Hotel Liability, (Hotel Management, Mar. 2015). E

Appraisal Consid​erations

Hospitality Directions US, (PwC, Jan. 2016).

A Brief Guide to Winning a Hotel Property Tax Appeal, (HVS, Apr. 23, 2015).

Due Diligence Procedures for Hotel Appraisals, (Hotel Business Review, 2015).

Two Ways to Identify True Property Value, (Hotel Business Review, 2015).

eBooks & Other Resources


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

2014 U.S. Hotels & Motels Industry-Industry & Market Report (Adobe eReader)

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

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

Growth Strategies for Hotels (Adobe eReader)

Hotel Success Handbook (Adobe eReader)

Books, Videos, Research Reports & More

The resources below are available for loan through Information Services. 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 Information Services at 800-874-6500 for assistance.

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

Trends in the hotel industry, (San Francisco: PFK Consulting, 2002). TX 911 H79us

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