Well I assume, if with little SEO ($1000), I can get it on first page for terms like Alabama Hotels .. ... .... Then? Thanks
It's really relative to who wants it, but if you are going to SEO it, at least get it ranked for a well searched for and traveled market like Las Vegas. I still don't see the domain itself being worth that much, but if you develop a site that is operating nicely and making income, then yes you can sell it for what it is worth, but then it becomes more about the site, than the domain. Hotels is a highly competitive market, and all but saturated. Alabama is not exactly the travel blockbuster as say, Vegas, Orlando, NY, Chicago, Miami, L.A., ect. Can't say what "it may be worth" until you actually do it, and then it will depend on the market at that time. You cannot predict the future on the web.
yup its worth what the buyer is willing to pay for it however, personally according to me the domain is worth reg-fee only