Key MarginBoutique hotels. Real returns.
Independent boutique hotel investment researchUnited States

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Sources

Key Margin research deskSection 01Page 35 of 35

Sources are listed once per URL, with tracking parameters removed. Publication and observation dates appear beside the relevant claims. Access status records the October 20, 2026 check and does not imply independent verification of provider outcomes.

  1. U.S. Hotel Forecast Assumptions – Q3 2026 | CoStar — Indexed text rechecked; direct access limited.
  2. News | The hotel industry's hot summer cooled down in August — Direct access restricted or failed; retained background.
  3. OCC — Commercial Real Estate Lending, Comptroller’s Handbook — Page/PDF retrieved.
  4. United states | United States | HVS Hotel Valuation Index | HVS — Page/PDF retrieved.
  5. HVS | Certainty Sells: Positioning Your Hotel for Maximum Buyer Activity — Page/PDF retrieved.
  6. EPA — Brownfields All Appropriate Inquiries — Indexed text rechecked; direct access limited.
  7. HVS Hotel Management | What We Do | Acquisitions & Development — Page/PDF retrieved.
  8. Glossary | STR Benchmark | CoStar — Direct access restricted or failed; retained background.
  9. USALI 12th Edition Bridge - USALI — Page responded; substantive text limited.
  10. Profit Actions: A Clearer Path to Hotel Profitability — Page/PDF retrieved.
  11. Area General Manager at La Playa Hotel | Hcareers — Page/PDF retrieved.
  12. Pivot | Davidson Hospitality Group — Page/PDF retrieved.
  13. HVS | A New Approach to Hotel Management Fees — Page/PDF retrieved.
  14. Hotel Performance Tests During Periods of Geopolitical Uncertainty | Insights & Resources | Goodwin — Page/PDF retrieved.
  15. Marriott — Autograph Collection Franchise Disclosure Document, March 31, 2026 — Page/PDF retrieved.
  16. February 11, 2026 - 10-K: Annual report (Section 13 and 15(d), not S-K Item 405) | Hilton Worldwide Holdings Inc. (HLT) — Page/PDF retrieved.
  17. HVS — U.S. Hotel Development Cost Survey 2026, July 13, 2026 — Page/PDF retrieved.
  18. Office to Residential & Hotel Conversion Study - HED — Page/PDF retrieved.
  19. ADA Guide for Places of Lodging: Serving Guests Who Are Blind or Who Have Low Vision | ADA.gov — Page/PDF retrieved.
  20. Real Estate and Hospitality Spring 2026 Market Update — Page/PDF retrieved.
  21. Frequently Asked Questions   Change in Ownership — Page/PDF retrieved.
  22. SBA lender resources: Partnering with SBA loan programs -Small Business Administration — Page/PDF retrieved.
  23. peb-20251231 — Page/PDF retrieved.
  24. Americans with Disabilities Act Title III Regulations | ADA.gov — Page/PDF retrieved.
  25. Hotel Licensing Law Frequently Asked Questions (FAQ) — Page/PDF retrieved.
  26. FTC Rule on Unfair or Deceptive Fees to Take Effect on May 12, 2025 | Federal Trade Commission — Page/PDF retrieved.
  27. The Rule on Unfair or Deceptive Fees: Frequently Asked Questions | Federal Trade Commission — Page/PDF retrieved.
  28. HVS | Advisory & Consulting — Page/PDF retrieved.
  29. Artificial Intelligence Risk Management Framework: Generative Artificial Intelligence Profile — Page/PDF retrieved.
  30. How to Buy a Hotel (Without Being Rich) — Page/PDF retrieved.
  31. Hotels | CBRE — Page/PDF retrieved.
  32. CBRE — Hotel Horizons — Page responded; substantive text limited.
  33. Lifestyle Hotel Management | CoralTree Hospitality – CoralTree Hospitality — Page/PDF retrieved.
  34. Charlestowne Hotels — Operating Environments — Page/PDF retrieved.
  35. Hilton — Curio Collection Franchise Disclosure Document, March 30, 2026 — Page/PDF retrieved.
  36. Become A Member Hotel Become a Member Hotel - Join Preferred Hotels & Resorts — Page/PDF retrieved.
  37. Small Business Administration — 504 loans — Page/PDF retrieved.

Sources cited on this page

  1. U.S. Hotel Forecast Assumptions – Q3 2026 | CoStarcostar.com
  2. News | The hotel industry's hot summer cooled down in Augustcostar.com
  3. OCC — Commercial Real Estate Lending, Comptroller’s Handbookocc.gov
  4. United states | United States | HVS Hotel Valuation Index | HVShvi.hvs.com
  5. HVS | Certainty Sells: Positioning Your Hotel for Maximum Buyer Activitypublications.hvs.com
  6. EPA — Brownfields All Appropriate Inquiriesepa.gov
  7. HVS Hotel Management | What We Do | Acquisitions & Developmentwebsite.hvshotelmanagement.com
  8. Glossary | STR Benchmark | CoStarcostar.com
  9. USALI 12th Edition Bridge - USALIacademy.hftp.org
  10. Profit Actions: A Clearer Path to Hotel Profitabilitykalibrilabs.com
  11. Area General Manager at La Playa Hotel | Hcareershcareers.com
  12. Pivot | Davidson Hospitality Groupdavidsonhospitality.com
  13. HVS | A New Approach to Hotel Management Feespublications.hvs.com
  14. Hotel Performance Tests During Periods of Geopolitical Uncertainty | Insights & Resources | Goodwingoodwinlaw.com
  15. Marriott — Autograph Collection Franchise Disclosure Document, March 31, 2026hotel-development.marriott.com
  16. February 11, 2026 - 10-K: Annual report [Section 13 and 15(d), not S-K Item 405] | Hilton Worldwide Holdings Inc. (HLT)ir.hilton.com
  17. HVS — U.S. Hotel Development Cost Survey 2026, July 13, 2026hvs.com
  18. Office to Residential & Hotel Conversion Study - HEDhed.co
  19. ADA Guide for Places of Lodging: Serving Guests Who Are Blind or Who Have Low Vision | ADA.govada.gov
  20. Real Estate and Hospitality Spring 2026 Market Updateajg.com
  21. Frequently Asked Questions   Change in Ownershipboe.ca.gov
  22. SBA lender resources: Partnering with SBA loan programs -Small Business Administrationsba.gov
  23. peb-20251231sec.gov
  24. Americans with Disabilities Act Title III Regulations | ADA.govada.gov
  25. Hotel Licensing Law Frequently Asked Questions (FAQ)nyc.gov
  26. FTC Rule on Unfair or Deceptive Fees to Take Effect on May 12, 2025 | Federal Trade Commissionftc.gov
  27. The Rule on Unfair or Deceptive Fees: Frequently Asked Questions | Federal Trade Commissionftc.gov
  28. HVS | Advisory & Consultinghvs.com
  29. Artificial Intelligence Risk Management Framework: Generative Artificial Intelligence Profilenvlpubs.nist.gov
  30. How to Buy a Hotel (Without Being Rich)skift.com
  31. Hotels | CBREcbre.com
  32. CBRE — Hotel Horizonshorizons.cbre.com
  33. Lifestyle Hotel Management | CoralTree Hospitality – CoralTree Hospitalitycoraltreehospitality.com
  34. Charlestowne Hotels — Operating Environmentscharlestownehotels.com
  35. Hilton — Curio Collection Franchise Disclosure Document, March 30, 2026hmd-wp.go-vip.net
  36. Become A Member Hotel Become a Member Hotel - Join Preferred Hotels & Resortsjoin.preferredhotels.com
  37. Small Business Administration — 504 loanssba.gov