1st Deliverable File (Word or PDF file):

-A written description of the important information and data you considered in performing the analysis and valuation. Limit your description to brief bullet points.

-Your rationale for each subjective decision you made during the analysis and valuation- Example- How did you select the demand growth rates in the Hotel Market Analysis and ADR Forecasting Model? Limit your description to brief bullet points.

-Your final estimate of market value.

-Your written deliverable should be short and concise- No more than 3 pages.

2nd Deliverable File- The Hotel Market Analysis and ADR Forecasting Model with your data inputted.

3rd Deliverable File- Hotel Revenue and Expense Forecasting Model with your data inputted.

4th Deliverable File- Hotel Mortgage-Equity Valuation Model with your data inputted.