Gate 11

Sources and methodology

The model uses each comparable’s revenue with its own occupancy. Physical similarity is assessed separately for reliability and does not replace the published income aggregation. Return ranges are not calculated by multiplying ADR and occupancy bounds.

The current published selection contains up to 20 comparables within 1.5 km. The similarity coefficient uses available physical characteristics and distance. Ranges reflect published comparable quartiles: empirical dispersion, not calibrated prediction intervals or guaranteed outcomes.