- Obtain a licensed property-level inventory that isolates US independent and soft-branded hotels with 30–150 rooms, including seasonal availability and affiliation history.
- Replace the annualized room-revenue proxy with a consistent measured revenue series using average available inventory, achieved operating metrics and explicit reporting coverage.
- Obtain complete Q3 2026 transaction data and reconcile JLL, LWHA and MSCI inclusion thresholds, transaction units, price availability and weighting methods.
- Verify Hotel Z and Franciscan consideration against closing evidence; reconcile Hotel Maren’s deed value with total going-concern consideration and asset allocation.
- Obtain Bellmoor’s detailed NOI reconciliation, planned capital budget and stabilized-yield denominator; normalize these against other transaction disclosures.
- Build market-specific comparable sets with authorized monthly ADR, occupancy, channel mix, operating profit and seasonal liquidity data.
- Collect current property-specific lender terms, insurance quotations, staffing budgets, management charges and required affiliation improvements rather than publishing national assumptions.
- Confirm The Dorm Hotel’s current marketing status and mixed-use allocation, and seek disclosed consideration for small-property transactions such as Centennial.
Market data and deal flow
Gaps for the next research pass
Sources cited on this page
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