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
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- 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
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Additional services include:
- Feasibility studies on income and/or return on investment
- Valuations, market value estimates, investment value estimates
and fractional interest valuations
- Development consulting and project management
- Market audits and promotional strategies
- Litigation support and expert testimony
- Physical asset assessment
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- 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
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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 value conclusions.
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.