... Hotel Valuation Formula—LTV version (technique 4) $36,962,000 Hotel Investment Formula—DCR version (technique 4a) $37,388,000 Hotel Valuation Formula—After-Tax (technique 5) $37,017,000 Valuation ... bids by potential buyers. Hotel Valuation Techniques By Jan deRoos, Ph.D., and Stephen Rushmore, CHA, MAI Jan deRoos, Ph.D., is the HVS International Professor of Hotel Finance and Real Estate ... of Hotel Administration. On the faculty of the Hotel School since 1988, he has devoted his career to research and teaching in the area of hospitality real estate, with a focus on hotel valuation...