Bookstore

We wrote the book – and more! Experts who literally wrote the book on how to appraise and value hotels, timeshares, restaurants, and more.

NOTE: Once HVS has received confirmation from paypal.com that your payment has cleared, you will be receiving your product via e-mail during business hours (Monday to Friday). This process normally takes less than 24 business hours. The product will be sent to the e-mail address provided during payment. If you have paid with an electronic check, please note it does take paypal.com three to four business days to confirm your payment. Any document purchased or payment confirmed after 5:00 PM Central Time will not be processed until the following business day. All reports and software are sent electronically to the e-mail address supplied at the time of purchase. NO BOUND OR HARD COPIES WILL BE SENT.

Hospitality Valuation Software

Comprised of three separate Excel spreadsheet programs that step the user through the entire market analysis and valuation process.

The first model is a Room Night Analysis Program, which quantifies the local market demand and measures the impact of new lodging supply. Using a sophisticated penetration algorithm, the relative competitiveness of each existing and proposed hotel is measured to determine the overall market dynamics. The final output consists of a 10-year occupancy projection for the subject property and its competitors. An important feature of the room night analysis program is the ability to evaluate the adverse impact on a property's occupancy from the addition of one or more new hotels to a market.

The Fixed and Variable Income and Expense Forecasting Program consists a detailed 10-year profit and loss statement utilizing the Uniform System of Accounts for Hotels. This model works for both existing and proposed hotels and incorporates a highly accurate fixed and variable forecasting routine that is easily adapted to any type of lodging facility. The program can also be used to develop annual operating budgets.

The Hotel Valuation Model takes the output from the Income and Expense Forecasting Program and converts it into an estimate of value. The discount rate is developed from the cost of debt and equity capital and the value is calculated using either a loan to value or debt coverage approach. The output proves the value by showing the calculation of the unleveraged property yield, the leveraged equity yield, the mortgage yield and the projected cash flow to equity. This cutting-edge valuation program works because it utilizes real world investor inputs rather than appraiser divined capitalization and discount rates.

For questions or to request information, please contact Joan Raffetto.

Prices
$75 USD

HVS U.S. Transactions Surveys and Individual Sale Searches

Major U.S. Hotel Transactions Survey

The HVS 2007 Major U.S. Hotel Transaction Survey provides an ongoing discussion of hotel sales from 1990 through 2007, discusses the highest priced per room sales of 2007, and identifies the year's top buyers and sellers. Featured in the survey is a listing of 2007 sales of $10 million or greater compiled by HVS. HVS defines a major transaction as a sale of a single hotel at $10 million or greater, or a portfolio sale where the principals involved in the portfolio, allocated an individual hotel at $10 million or greater. Visa/MC/Amex accepted. Payment is due in advance.

Prices
$800 USD

The HVS 2006 Major U.S. Hotel Transaction Survey provides an ongoing discussion of hotel sales from 1990 to 2006, discusses the highest priced per room sales of 2006, and identifies the year's top buyers and sellers. Featured in the survey is a listing of 2006 sales of $10 million or greater compiled by HVS. HVS defines a major transaction as a sale of a single hotel at $10 million or greater, or a portfolio sale where the principals involved in the portfolio, allocated an individual hotel at $10 million or greater. Visa/MC/Amex accepted. Payment is due in advance.

Prices
$600 USD

Surveys from prior years are available for purchase for $500 each.

Click here to download a representative sample of the year-end HVS Major Transactions Survey (53 KB)

Mid-Market U.S. Hotel Transactions Survey

The HVS 2007 Year End Mid-Market U.S. Transactions Survey provides a listing of sales which occurred in the United States from January through December 2007 at a price of $3.0 million to $9.9 million. The survey represents data compiled by HVS and includes hotel name, city, state, room count, month of sale, sale price, buyer, and/or seller for each transaction. Payment is due in advance.

Prices
$500 USD

The HVS 2006 Mid-Market U.S. Transactions Survey provides a listing of sales which occurred in 2006 at a price of $3.0 million to $9.9 million. The survey represents data compiled by HVS International and includes hotel name, city, state, room count, month of sale, sale price, buyer, and/or seller for each transaction. Payment is due in advance.

Prices
$300 USD

Surveys from prior years are available for purchase for $400 USD each.

Individual Sale Searches

Individual sales searches for U.S. transactions are also available at a cost of $40 USD per sale. Individual searches can take up to 24 business hours to complete.

Search Ordering Information:
For questions or to request information on an individual sales search, please contact Amy Beam, Manager of the HVS U.S. Hotel Transactions Database in the HVS D/FW office directly at abeam@hvs.com.

HVS U.S. Market Area Overviews

Market Area Overviews provide key economic and demographic data points and analysis for your chosen metro area. Major components of an overview are:

A description of the city and state
Market area map
Economic and demographic trends overview for county, MSA (if applicable), state, and national population, personal income, wealth, retail sales, and employment
A listing of the top employers in the market and a discussion of major employer highlights
A table outlining historical unemployment trends for the last five years, as well as a discussion highlighting notable changes
An overview and discussion of key office space statistics and convention center statistics as available
A description of the nearest major airport and an overview of passenger statistics for the last 5 years
Highlights of local tourist attractions

This document is provided in a Word format, with supporting tables provided in Excel; most content may therefore be modified for use in your own presentations and documents. Overviews for selected US and international markets are typically available within one business day. Reports for these markets cost $495 USD each. Click here for a listing of these markets.

Prices
$495 USD

Note: We currently provide this report for the cities listed here. Each report for a city is priced at $495 USD. Once you click on the "buy now" button above, you will be re-directed to a page where you can make the payment using our online payment interface and also specify in the comments box which city/cities you need this report(s) for.

Download Sample Report
Austin Market Overview (260 KB)

U.S. Market Area Overviews Ordering Information:
To order a custom Market Area Overview for a market not listed above, please contact Shannon Wheeler in the HVS D/FW office directly at (303) 589-5005, or via e-mail at swheeler@HVS.com. Custom markets are available within five business days at a cost of $795 USD each. Payment is due in advance. Volume or package discounts are available on a case by case basis. Visa/MC/Amex accepted.

HVS 2008 U.S. Cap Rate and Investment Trends Report (contains data from calendar year 2007)

The HVS 2008 U.S. Cap Rate and Investment Trends Report provides an overview of U.S. capitalization rates and investment trends for the hotel sector in 2007. Featured in the report are average cap rates for the four lodging tiers in 2006 and 2007, average cap rate trends by price per room, sales price, quarter, and by U.S. Region for 2007. The report also includes selected U.S. sales with cap rate ranges from the calendar year 2007, as well as a forecast of hotel investment parameters. Visa/MC/Amex accepted. Payment is due in advance.

Prices
$300 USD

HVS 2007 Airport Passenger Traffic Trends Report

The HVS 2007 Airport Passenger Traffic Trends Report provides an overview of passenger statistics for 256 U.S. airports tracked and monitored by HVS from 1998 through 2007. The 13-page report provides overall totals for these airports, as well as annual statistics for the top 30 airports in the nation (as ranked by 2007 total passenger activity). A facility overview is provided for the top ten airports as ranked by 2007 activity. We also provide additional insights on the ten airports that showed the most growth in activity during the last ten years, and the ten larger airports which showed a decline in activity. Visa/MC/Amex accepted. Payment is due in advance.

Prices
$150 USD

HVS 2007 Airport Passenger Traffic Trends Report - Full Data Version

The HVS 2007 Airport Passenger Traffic Trends Report – Full Data Version provides the report described above, but also includes an Excel table which includes the annual statistics for all 256 airports from 1998 through 2007. Visa/MC/Amex accepted. Payment is due in advance.

List of Airports Included in HVS Airport Statistics Report

Prices
$2500 USD

2007 U.S. Hotel Franchise Development Cost Guide

HVS’s U.S. Hotel Franchise Development Cost Guide is designed to provide prospective franchisees and interested parties with a summary of the aggregate costs (exclusive of land) involved with developing a new, franchised hotel in the United States.

Prices
This is a complimentary publication

Click here to download

2007 US Hotel Valuation Index

The U.S. Hotel Valuation Index (HVI) tracks and discusses hotel values in each of the 66 major U.S. markets and for the United States as a whole.

Prices
This is a complimentary publication

Click here to download

2007 European Hotel Valuation Index

HVS's annual review of European hotel value trends, the Hotel Valuation Index (HVI), shows that hotel values achieved a third consecutive year of growth, increasing by 9.4% in 2006, compared with an increase of 5.0% in 2005.

Prices
This is a complimentary publication

Click here to download

2007 Asia Hotel Valuation Index

HVS International releases various publications annually including the Asia Hotel Valuation Index. The Hotel Valuation Index (HVI) is a hotel valuation benchmark developed by HVS International.

Prices
This is a complimentary publication

Click here to download

2006 European Transaction Article

HVS’s European Hotel Transaction Review analyses the single asset and portfolio hotel transactions that shaped 2006, highlighting the significant increase in the volume of hotels sold: an increase driven yet again by large portfolio transactions.

Prices
This is a complimentary publication

Click here to download

2007 Franchise Fee Analysis Guide

A survey of the fees charged by the major hotel franchisors in the economy, mid-rate, and first-class market segments. This guide enables hotel owners to easily compare the total cost of one hotel franchise with that of another.

The guide provides a comparative analysis of various hotel franchise companies, based on the fees they charge.

Prices
This is a complimentary publication

Click here to download

HCE Tuscany Survey 2007

HVS is pleased to present a study of employment costs and salaries at hotel properties in Tuscany, Italy. HVS' research included specific data from five local market competitors.

For further information and to purchase a copy, please contact Pooja Vir at pvir@hvs.com.

Prices
$300 USD

HCE Lisbon & Algarve Management Salary Report 2007

HVS is pleased to present a study of salary and benefits levels awarded to hotel management at luxury hotels in Lisbon and Algarve. The survey solicited data covering base salary, bonus, housing allowance, travel allowance, car allowance, medical insurance, and retirement plan. HVS' research included specific data from nine local market competitors.

For further information and to purchase a copy, please contact Pooja Vir at pvir@hvs.com.

Prices
$500 USD

HCE Dubai Hotel Salary Report 2007

HVS is pleased to present a study of remuneration practices at five star luxury hotels in Dubai for the Executive Committee positions. The survey solicited data covering annual base salary, bonus, and benefits levels, such as housing allowance (including frequency of payment of allowance), car, pension, health insurance, living allowance and flights home. HVS' research included specific data from eleven local market competitors.

For further information and to purchase a copy, please contact Pooja Vir at pvir@hvs.com.

Prices
$500 USD

HCE Brussels Hotel Salary Report 2007

HVS Executive Search is pleased to present a study of salary and benefits levels awarded in four star hotels in Brussels. The survey solicited data covering base salary, bonus, housing allowance, travel allowance, car allowance, medical insurance, and retirement plan. HVS' research included specific data from twelve local market competitors.

For further information and to purchase a copy, please contact Pooja Vir at pvir@hvs.com.

Prices
$500 USD

HCE Greece Hotel Salary Report 2007

HVS Executive Search is pleased to present a study of remuneration practices at five star luxury hotels in Greece. The survey solicited data covering base salary, bonus, total annual employment cost, number of employees per department, number of working days and holidays and hotel facilities comparison. HVS' research included specific data from five local market competitors.

For further information and to purchase a copy, please contact Pooja Vir at pvir@hvs.com.

Prices
$500 USD

HCE Salary Report of Four and Five Star Hotels' Management Moscow and St. Petersburg, 2007

This report profiles 11 property-level managerial positions for Four and Five Star hotel properties in Moscow and St. Petersburg. The data was gathered by HVS Executive Search - Russia in February-March 2007.

Information in the report includes:

Annual Base Salaries
Last Paid Annual Bonus
Total Annual Cash Compensation
Number of expatriates vs. local staff in each position
Percentage of people in each position who have the following Benefits
- Accommodation
- Car
- Health Insurance

Prices
$500 USD

HCE Europe Regional Sales Report 2007

HVS is pleased to present a study of salary and benefit levels at regional sales offices at luxury hotel companies in Europe. The survey solicited data covering base salary, bonus, and benefits. HVS' research included specific data from seven local market competitors.

For further information and to purchase a copy, please contact Pooja Vir at pvir@hvs.com.

Prices
$500 USD

HCE London Hotel Salary Report 2007

HVS Executive Search is pleased to announce the release of the HCE London Hotel Salary Report 2007. Now in its fourth year, the HCE London Hotel Salary Report includes data from a record number of hotels - 62 in total - and covers 266 positions, from line level to General Manager.

For the first time we have included a year on year comparison of base salary levels and our findings reveal that the average London hotel salary rose by 3.5% between 2006 and 2007.

Information in this report includes:

Annual Base Salaries across London
Annual Base Salaries
- By Number of Rooms (less than 200, 200-400, more than 400 rooms)
- By Hotel Class (First Class, Luxury)
Year on Year Comparison: Average Annual Base Salary (2006-2007)
Bonus
- Annual Target Bonus
- Last Paid Annual Bonus
Benefits
- Pension
- Health
- Car

Prices
$1000 USD

For further information and to purchase a copy, please contact Pooja Vir at pvir@hvs.com.

HCE VP Development Europe Report 2006

HVS was commission to conduct a study of salary and benefits levels awarded to Vice Presidents Development in hotel companies in Europe. The survey solicited data covering base salary, bonus, housing allowance, travel allowance, car allowance, medical insurance, and retirement plan. HVS' research included specific data from five local market competitors.

For further information and to purchase a copy, please contact Pooja Vir at pvir@hvs.com.

Prices
$500 USD

HCE Prague Executive Compensation Report 2006

HVS is pleased to present a study of executive compensation practices at hotels in Prague. The survey covered salary package information including gross monthly salary and the existence of a bonus system for each position. HVS' research included specific data from six local market competitors.

For further information and to purchase a copy, please contact Pooja Vir at pvir@hvs.com.

Prices
$300 USD

HCE Paris Salary Report 2006

HVS is pleased to present a study of employment costs at luxury hotels in Paris. The survey solicited data covering base salary, bonus, employee numbers, and total employment costs. HVS' research included specific data from six local market competitors.

For further information and to purchase a copy, please contact Pooja Vir at pvir@hvs.com.

Prices
$300 USD

HCE Middle East VP Development Salary Report 2006

HVS is pleased to present a study of salary and benefits levels awarded to Vice Presidents Development in hotel companies in the Middle East. The survey solicited data covering base salary, bonus, housing allowance, travel allowance, car allowance, medical insurance, and retirement plan. HVS' research included specific data from seven local market competitors.

For further information and to purchase a copy, please contact Pooja Vir at pvir@hvs.com.

Prices
$500 USD

HCE Mauritius Hotel Management Salary Report 2006

HVS is pleased to present a study of salary and benefits levels awarded to hotel management at luxury resorts in the Mauritius. The survey solicited data covering base salary, bonus, housing allowance, travel allowance, car allowance, medical insurance, and retirement plan. HVS' research included specific data from four local market competitors.

For further information and to purchase a copy, please contact Pooja Vir at pvir@hvs.com.

Prices
$300 USD

HCE Maldives Hotel Management Salary Report 2006

HVS is pleased to present a study of salary and benefits levels awarded to hotel management at luxury resorts in the Maldives. The survey solicited data covering base salary, bonus, housing allowance, travel allowance, car allowance, medical insurance, and retirement plan. HVS' research included specific data from five local market competitors.

For further information and to purchase a copy, please contact Pooja Vir at pvir@hvs.com.

Prices
$300 USD

HCE Berlin Hotel Salary Report 2006

HVS Executive Search is pleased to present a study of compensation practices at first class hotels in Berlin. The survey covers salary package information including gross annual base salary, bonus and other allowances. HVS’ research included specific data from eight hotel properties.

For further information and to purchase a copy, please contact Pooja Vir at pvir@hvs.com.

Prices
$300 USD

Twenty corporate level positions are profiled. All the data is organized by position title and further segmented by relevant industry benchmarks such as gross revenues and number of rooms.

Click here to submit the order. No credit card is necessary - We can ship an invoice with your publication. In case you wish to purchase this item online using a credit card, click on the "Buy Now" button below.

Prices
$350 USD

**You can order both the 2006 HCE Lodging Corporate Annual Report© and the 2006 HCE Lodging Property Annual Report© for $600 USD

Prices
$600 USD

Thirty-four property level positions are profiled. All the data is organized by position title and further segmented by relevant industry benchmarks such as number of rooms, class, location, type and geographical location.

Prices
$350 USD