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PKF Hotel Market Demand and Financial Analysis - DIA Business ...

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CERTIFICATION OF THE CONSULTANTSWe, Christopher A. Kraus, MAI, <strong>and</strong> Catherine E. Bolstad certify that, to the best of ourknowledge <strong>and</strong> belief:The statements of fact contained in this report are true <strong>and</strong> correct.The reported analyses, opinions, <strong>and</strong> conclusions are limited only by the reportedassumptions <strong>and</strong> limiting conditions, <strong>and</strong> are our personal, impartial, unbiasedprofessional analyses, opinions, <strong>and</strong> conclusions.We have no present or prospective interest in the property that is the subject of thisreport, <strong>and</strong> no personal interest with respect to the parties involved.We have no bias with respect to the property that is the subject of this report or tothe parties involved with this assignment.Our engagement in this assignment was not contingent upon developing orreporting predetermined results.Our compensation for completing this assignment is not contingent upon thedevelopment or reporting of a predetermined value or direction in value that favorsthe cause of the client, the amount of the value estimate, the attainment of astipulated result, or the occurrence of a subsequent event directly related to theintended use of this report.We have made a personal inspection of the property that is the subject of thisreport.No one has provided significant professional assistance in completing this report.Christopher A. Kraus, MAI, is a Certified General Real Estate Appraiser in the Stateof California.As of the date of this report, Christopher A. Kraus, MAI, has completed therequirements of the continuing education program of the Appraisal Institute.

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