Bidding for the Legacy Hotel

Darden Business Publishing Cases

ISSN: 2474-7890

Publication date: 20 January 2017


The task is to prepare a sealed bid against one opponent for a hotel that has an appraised value and a specific, higher value for a company. There is data about the ratio of bids of the other bidder to the appraised value in similar sealed bids. Students will learn to give up many unfounded notions of how to bid and to develop a strategic approach to finding the best bid.



Bodily, S. (2017), "Bidding for the Legacy Hotel", Darden Business Publishing Cases.

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University of Virginia Darden School Foundation

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