Home / Innovation / HVS Report – Hotel Property Taxes Post COVID-19 – By Brian F. Bisema and Suzanne R. Mellen

HVS Report – Hotel Property Taxes Post COVID-19 – By Brian F. Bisema and Suzanne R. Mellen

Following waves of asset of appreciation, the pendulum has swung, and many hotels will be facing significant value declines in the current economic climate. As owners look for every way to reduce operating expenses, they should remain vigilant to pending fluctuations in real property assessment levels and proactive on appealing their assessments, if warranted.

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