Valorization walls and/or business in France and Europe
valuation France
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valuation France
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BNP Paribas Real Estate Valuation France, a simplified joint-stock company registered at 50, cours de l'Ile Seguin, 92100 Boulogne-Billancourt, acting as Controller, processes information about you for the purposes of keeping statistics and executing any requests submitted to us through the website and, in some cases, for the purpose of sending you commercial solicitations (based on your consent or any applicable regulation).
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Homepage / Assets / Hospitality real estate / Hôtellerie et para-hôtellerie
Valorization walls and/or business in France and Europe
Market research
Feasability study
Review of business plan
Tourism assets are characterized first of all by their great diversity (hotels, tourist residences, holiday villages, youth hostels, etc.).
The customer segment they target, the type of services they offer and their location are all parameters that make each estimate a special case.
Another feature that has a significant impact on valuation scenarios: establishments must be regularly rearmed to meet changes in travelers' expectations.
Amount invested in € million
Evolution of the amounts invested compared to 2022
REVPAR ( revenue per available room ) in hospitality in 2022
It is diversity that characterizes tourism assets in the first place: independent hotels or hotels affiliated to a chain, oriented business or leisure tourism, hotel residences, boutique hotels, resorts... A diversity that can be found in the establishments: large capitals, seaside, mountains...
A major feature, and common to all assets, is that they must be regularly rearmed in order to be modernized or updated. Customer expectations are changing – especially when it comes to services – trends are changing, environmental requirements too: so many factors that can lead to an adaptation of the establishment which can range from decoration to a total redesign of spaces. The experts at BNP Paribas Real Estate Valuation France can play an advisory role by proposing several valuation scenarios.
For several years, there has been both a densification and a diversification of players interested in the hotel and parahotel sectors. Private investors see in this type of asset an interesting diversification opportunity.
Tourstic assets offer a number of advantages over other types of tertiary real estate assets: holding structure generally involving a single tenant or operator, sustainability of cash flows, minimum vacancy, advantageous taxation, creation of capital gains through transformation or renovation and above all an attractive risk/return combination.
In the hospitality sector, as in other sectors, location remains an essential evaluation criterion. Other criteria are also decisive, such as services, ownership structure, operational performance and market context.
When estimating the value of a hotel asset, our hotel experts use methods of capitalizing income and discounting cash flows. They also refer to the most recent market information in order to establish the value of the asset as accurately as possible.
The international hotel team works for all types of clients and tourist establishments (hotels, tourist residences, holiday villages, etc.) throughout Europe.Each coming from the hotel industry, they are able to evaluate walls and goodwill in the context of acquisition, development, financing and regulatory purposes. They also intervene on feasibility and critical Business Plan studies.
Our real estate experts bring you an answer adapted to your needs
*Mandatory fields
BNP Paribas Real Estate Valuation France, a simplified joint-stock company registered at 50, cours de l'Ile Seguin, 92100 Boulogne-Billancourt, acting as Controller, processes information about you for the purposes of keeping statistics and executing any requests submitted to us through the website and, in some cases, for the purpose of sending you commercial solicitations (based on your consent or any applicable regulation).
For more information about how BNP Paribas Real Estate Valuation France is processing your personal data in this context and an explanation of your rights (including a right of access, rectification, objection to direct marketing and a right to set guidelines with regards to the use of your personal data after your death, as well as, in certain circumstances, a right of erasure, restriction of processing, data portability and a right to object to other forms of processing) and BNP Paribas Real Estate Valuation France's obligations in that respect, please consult our Data Protection Notice available at : https://data-privacy.realestate.bnpparibas/