Spring has arrived in South Africa, and with the summer holidays on the horizon the country’s lodges, hotels, guest houses and game reserves are gearing up for their busiest trading months. Against that backdrop, Sandton-based Rode & Associates is highlighting the valuation and advisory work it carries out for the hospitality and eco-tourism sector. The practice delivers independent, certified valuations for both market and insurance purposes, and pairs that core function with a range of specialised services for hospitality properties, wildlife and conservation land that few other valuers bring together in a single firm.
October tends to be the month when owners and operators pause to assess where they stand. Peak-season budgets are being signed off, insurance cover is being checked ahead of the summer storm season, upgrade or expansion plans are under consideration, and some are deciding whether to buy or sell. Every one of those choices rests on an accurate understanding of what the assets involved are actually worth.
Valuing more than bricks and mortar
Seldom is a hospitality business a single asset. A lodge or game reserve may comprise land, buildings and improvements, furniture and contents, vehicles and equipment, artworks and, where reserves are concerned, the wild game itself. Rode & Associates places a value on all of it. The firm’s valuation work spans retail, commercial, industrial and residential property, plant, machinery, equipment and technical assets, fine…
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