I’m definitely a newbie here – just spent couple hours reading through (and benefiting from) the discussions.

Just as a follow-up on the issues discussed in this threat, would the situation be any different if the long-term lease is with a hotel operator (they operate in a few cities in Australia and Asia) ?

The location is a little bit unusual. It’s right next to a corporate park – where the hotel will get most of its business, I guess. But also because its uniqueness, it’s rather difficult to assess the amount of uplift the developer has added.

Appreciate any advice on the risk factor of dealing with a hotel targetting business travellers (instead of being one of the service apartments in the CBD) and how one can estimate the fair current market price of the unit.