PROJECTED CASH FLOW AND APPRAISED VALUE (Discounted annual cash flow, in millions)
Discounted annual cash flow (millions)Appraisers projecting future income to come up with a market value of a hotel today would use drastically different figures than they would have in either of the past two years.
Note: Projections assume a hypothetical sale in year 10. This graphic is meant to show how an appraiser might have projected cash flow at the Palmer House Hilton today versus the past two years using the hotel’s publicly available financial performance data. Figures in the table are hypothetical and were calculated with certain assumptions for illustrative purposes by Hotel Appraisers & Advisors.