If a hotel is located across the street from the hotel you are appraising, it should always be considered to be competitive.

Question

Quizplus · Accepted Answer

The competitiveness of a hotel is determined by various factors such as target market, amenities, price point, and brand, not just proximity. A hotel across the street might cater to a completely different segment of guests and thus may not directly compete with the hotel being appraised.

If a Hotel Is Located Across the Street from the Hotel