1 Hour Hotel Model
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These are usually called motels and can often be found in the seedier parts of town. You usually won’t find models frequenting them though. Hope that helps.
Hilarious
damn, just opened this thread to make this joke and the first post stole it!
OMG, the title is such a troll. The fact that this appears to be a legit question makes me LOL even more!
thanks for the help
Sorry I couldn't resist, but a hotel model isn't any fancier than anything else. Average Rates X 365 X occupancy + other income (that can be complex with FB and other stuff), then its just fees, opex, taxes, etc. for NOI. Really no more complicated, but the assumptions required are just way more subjective.
I chuckled. Well done.
Anyone got an repe case study I can use to practice with?
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