Journal of Innovation Research and Knowledge
Vol. 2 No. 7: Desember 2022

ANALYSIS OF FACTORS INFLUENCING THE VALUE OF 3 STAR HOTELS IN MEDAN CITY

David Koko E. C. O. Naibaho (Master in Property Management and Valuation, Universitas Sumatera Utara, Indonesia)
Sukaria Sinulingga (Master in Property Management and Valuation, Universitas Sumatera Utara, Indonesia)
Nazaruddin Nazaruddin (Master in Property Management and Valuation, Universitas Sumatera Utara, Indonesia)

Article Info

Publish Date
20 Dec 2022

Abstract

The purpose of this research is to find out analysis of factors influencing the value of 3 Star Hotels in Medan City. The research that has been put forward, this research is classified as causality research. The population used in this study is 3 Star Hotels in Medan City which has been assessed by the Public Appraisal Service Office. The sample in this study, the number of samples is 30 for 3 Star Hotels in Medan City. The analysis used in this research is multiple linear regression analysis. The results of the study show that room rate, occupancy rate, and number of room have a significant effect on the value of 3 Star Hotels in Medan City. Operational cost have no a significant effect on the value of 3 Star Hotels in Medan City.

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Journal Info
Journal of Innovation Research and Knowledge
Website

Abbrev

JIRK

Publisher

bajang Institute

Subject

Humanities Economics, Econometrics & Finance Education Health Professions Law, Crime, Criminology & Criminal Justice Social Sciences

Description

Journal of Innovation Research and Knowledge, published by Bajang Institute. Published in two formats, print and online, print version of ISSN: 2798-3471 and the online version of ISSN: 798-3641, both of which are published every month. The scope of the journal studies broadly includes: Culture (a ...