Hotel B

The stabilized occupancy each rate needs for the taxable value to reach the assessment

100as projected
75.0%The projection 66.0%
Beyond the evidence on occupancy
Below this line, rate growth beyond the competitive set's history, past +2.3%
110+10.0% lift
67.1%
Beyond the evidence on rate growth
120+20.0% lift
60.4%
Beyond the evidence on occupancy and rate growth
130+30.0% lift
54.9%
Beyond the evidence on occupancy and rate growth
50%60%70%80%

Stabilized occupancy

From the appraisal. 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 2018, 2019, 2024, the twelve months to March 2025.

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.

The stabilized occupancy each rate needs for the taxable value to reach the assessment. The hotel's own range of year-end occupancy is 63.7% to 72.3%.
Room rate indexRate liftStabilized occupancy neededReading
100as projected75.0%Beyond the evidence on occupancy
110+10.0% lift67.1%Beyond the evidence on rate growth
120+20.0% lift60.4%Beyond the evidence on occupancy and rate growth
130+30.0% lift54.9%Beyond the evidence on occupancy and rate growth
Horwath HTL — When an assessment asks a hotel to do what it never has 2026