Based on the hotel’s operating performance for 2019, the $71.0 million sales price reflects a 9.1x EBITDA multiple and a 9.8% net operating income capitalization rate.
Source: New feed
Based on the hotel’s operating performance for 2019, the $71.0 million sales price reflects a 9.1x EBITDA multiple and a 9.8% net operating income capitalization rate.
Source: New feed