At $240,000, the Hotel & Hospitality industry is currently number two, trailing only the manufacturing sector for largest average savings received per client.
Since nearly all business owners in this industry own their building(s), there is substantial opportunity for both Cost Segregation and Property Tax projects.
GMG is the Cost Segregation and Property Tax Review provider for the Econo Lodge Franchisee Association (ELFA), and has completed studies for nearly all of the major hotel brands across the country.
Cost Segregation Benefit ~ $3.6M
Lexington Inn & Suites
Cost Segregation Benefit ~ $136K
Town Place Suites
Cost Segregation Benefit ~ $454K