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The Value of a Hotel Building Is Determined By

Question 208

Multiple Choice

The value of a hotel building is determined by:


A) The assessment of the local (municipal) tax agency
B) The IRS's (Internal Revenue Service's) published guidelines for that size hotel
C) A per room value multiplied by the number of rooms in the hotel
D) Daily RevPar multiplied by 365 days per year
E) An approximate average of A, B, and C together

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