Stabilized occupancy
From the appraisal's own chart. Room rate indexed: the projection's stabilized rate = 100.
Each dark dot is the occupancy that brings the taxable value within 1.0% of 100; the line is its distance past the hotel's own range. The shaded range is the hotel's own year-end occupancy in 2022, 2023.
Source: the Horwath HTL assessment battery; the hotel's own and its competitive set's operating history, from the market benchmarking report on the appraisal's file.
| Room rate index | Rate lift | Stabilized occupancy needed | Reading |
|---|---|---|---|
| 100 | as projected | not reached even at 99% occupancy | Not reached even at 99% occupancy |
| 110 | +10.0% lift | not reached even at 99% occupancy | Not reached even at 99% occupancy |
| 120 | +20.0% lift | 91.0% | Beyond the evidence on occupancy and rate growth |
| 130 | +30.0% lift | 82.9% | Beyond the evidence on occupancy and rate growth |