New York / Success Stories

Manhattan Hotel Market Experts

"HVS Global Hospitality Services - New York provides great information and has the local level market knowledge that helps us make sound business decisions. We also appreciate the excellent customer service and quick response to our needs that HVS consistently provides at a moment's notice."

Paul Isaacson
Director, Corporate Finance
Corporate Finance and Development Department
InterContinental Hotels Group
Website: www.ihg.com

"We enjoy working with HVS as they understand our needs as one of the largest financial institutions. Roland de Milleret and the HVS-New York Office are able to execute projects in a timely and professional manner. They possess in-depth knowledge and extensive experience within the Manhattan Lodging Market. They have worked with us on our most recent deals in New York City and we look forward to an ongoing relationship with the firm."

Michael Lavipour
CREDIT SUISSE
Real Estate Finance Group
Website: www.credit-suisse.com/us

"Our overall experience with HVS has been very positive; its consultants are extremely knowledgeable of the Manhattan Hospitality Market and the quality of their services exceeded our expectations."

Steven Parrinello
Real Estate Finance
CapitalSource Inc.
Website: www.capitalsource.com

Over 130 assignments in Manhattan alone in 2006 and 2007 ranging from limited-service and small independent boutique properties to large branded hotels. Major developers and lenders across the world turn to HVS New York Office for Manhattan hotel projects.

The New York office of HVS has consulted on or appraised more than 130 hotels in Manhattan alone in 2006 and 2007. These assignments range from limited-service and small independent boutique properties to large branded hotels.

Our consultants, under the direction of Roland de Milleret, appraised all the major recent hotel transactions that occurred in New York, including the Mandarin Oriental, the W Union Square, The Plaza, the Waldorf=Astoria, the Hilton Towers, and the Doubletree Times Square. We appraised The Plaza as part of its pre- and post-conversion to a mixed-use luxury development. Other hotels of significance that HVS New York has appraised include the Peninsula, the New York Palace, the Gansevoort, the Westin Times Square, and the Bryant Park.

Our expertise is tapped by developers and lenders for proposed hotel projects. HVS New York has completed assignments on some of Manhattan’s most prestigious hotel projects for numerous lenders and real estate developers, providing consulting and appraisal services for developments such as the Standard, the Gansevoort Park, the Mondrian, the Gramercy Park, the London NYC, the Trump SoHo, and the Shangri-La. HVS has also appraised numerous limited-service and mid-scale, full-service lodging facilities.

In addition, many real estate developers have turned to HVS for feasibility studies and recommendations as to brand selection, management company, and the optimal facilities for their site. HVS has also assisted several developers with management agreement negotiations.

The Gansevoort Hotel

The Plaza New York	Mandarin Oriental New York