HVS Consulting & Valuation Services is the world’s premier hotel consulting and
valuation firm with offices in North America, Europe, Asia, South America and the
Middle East. We enjoy an impeccable worldwide reputation for credibility, excellence
and thoroughness. With a staff of more than 150 professionals, HVS has evaluated
tens of thousands of lodging properties of all sizes.
In these challenging times, relying solely on national or international hotel market
trends can produce an inaccurate or unfavorable picture. Changing markets and variances
in neighborhood and real estate values can cause fluctuations in how a hotel is
valued. Hotel owners and potential owners must be able to plan with confidence when
investing in hotel real estate, and the most up-to-date and precise information
is necessary. That’s why we create an appraisal or feasibility report based on the
unique potential for your hotel and data from your specific market – specifics essential
to establishing accurate value.
Our database of hotel information – the largest in the world – combined with our
broad insight and extensive experience, enables HVS Consulting & Valuation Services
to produce well-documented appraisal reports with fully supported value conclusions
to hold up under intense scrutiny and achieve their intended results. We have access
to thousands of management agreements, franchise contracts, leases, mortgages and
other related financial documents, allowing our team to provide thorough documentation
for our conclusions.
Whether you are an owner, developer, operator, investor, lender, industry association,
convention and visitor bureau or public agency, your project will attract the immediate
attention it deserves when accompanied by an HVS consulting report.
We advise in the development of new hotels, and work with developers, architects
and other development team members to conceptualize the optimal lodging product
for a particular site.
Our services include expert reviews of property tax assessments tailored
to the hotel industry. An accurate, up-to-date valuation of a hotel's real property
assessment takes current market conditions into account to help you make reductions
in this costly expense category. Tax assessors may call on HVS in revaluation years
to establish accurate, thorough assessments that lead to fewer appeals.
Our professional staff of consulting and valuation associates has extensive experience
in providing expert analysis and testimony on a wide variety of topics from
damages and management competency, to contracts and agreements and
hotel industry standards.
We continuously monitor every major hotel market and track the latest economic trends.
Our writings, teachings and innovative research demonstrate our internationally
acknowledged expertise; we have published more than 500 articles in leading hotel
journals and periodicals.
The unique needs of each client are met because we structure our assignments
to meet your timing needs and other requirements. We stand alone in our support
for investors and operators both who are new to this marketplace and to those who
have vast experience in hospitality.
Our specialized valuation services include:
Real estate tax assessment appeals and expert court testimony at certiorari proceedings
Valuation prior to flotation or public offering of shares
Appraisals for condemnation proceedings and related court testimony
Expert valuation testimony for foreclosure and bankruptcy proceedings
Estate, gift tax and partnership appraisals
Quantification of damages from a loss in value
Purchase price allocations among real estate, personal property, and intangibles
to establish property tax basis and accounting records
Valuations of hotel management and franchise companies
Valuations of related hospitality facilities, including restaurants, casinos, timeshares
and ski resorts
Additional services include:
Feasibility studies on income and/or return on investment
Valuations, market value estimates, investment value estimates and fractional interest
Development consulting and project management
Market audits and promotional strategies
Litigation support and expert testimony
Physical asset assessment
Management contract analysis and negotiation
Operator selection and management company search
Franchise evaluation and selection
Financial damages estimates
Sales and marketing package preparation
Lease reviews and negotiations
Strategic advice and company restructuring
Achieving Outstanding Results for You
Our associates have certified valuation training and on-site hotel operations experience
to provide them with a working knowledge of how hotels work and should perform in
their respective markets. Most have degrees in hotel management from top hotel schools.
Our extensive consulting and valuation services draw upon our staff’s broad insight
and experience to produce well-documented appraisal reports with fully supported
Are you looking for hotel market information for a specific city? Each year HVS
provides research and consulting services to clients throughout the world. The HVS
Hotel Market Information Tool enables you contact an HVS associate familiar with
the market in which you need information. Simply fill out the following box and
we will provide a list of HVS associates who will assist you.