Consulting & Valuation - Chicago - Overview

HVS is the premier consulting firm for hotel appraisals, hospitality advisory services, and tourism consulting. With our location in downtown Chicago, we are conveniently located for our local, national, and international clients.

Consulting & Valuation

Hans Detlefsen, MPP
+1 (312) 587-9900 ext. 15

HVS performs more engagements annually than any of our competitors. Our assignments are focused on helping our clients evaluate their most difficult problems related to the hospitality and tourism industries. Our office features specialists in hotels, conference centers, convention headquarters hotels, mixed-use developments, tourism strategies and attractions, waterpark resorts, and tourism development districts.

Our office performs the following consulting & valuation services:

Appraisals Economic Impact Studies Feasibility Studies Financing Strategies Highest and Best Use Analyses IACC-Certification Advisory Services

Litigation Support Market Studies Portfolio Valuations Public-Private Partnership Assistance RFQ/RFP Assistance Tax Revenue Projections Tourism Strategies

Highlights of how we can benefit you include:

• Financing Hotels and Hospitality Developments - Most lenders and equity investors require substantial due diligence in the form of an appraisal, market study, or feasibility study before making any major investment decisions. HVS is the highly-regarded industry leader in providing independent, objective analyses for financing purposes.
   
• Strategic Planning - The world’s most successful hotel companies, owners, and developers retain HVS to help inform their most critical strategic decisions about facility planning, site selection, financing options, brand strategies, master-planning, and business growth strategies.
   
• Highest and best use advisory services for troubled assets. When hotel owners default on loans or when hotels perform significantly worse than anticipated, lenders and equity investors may need to consider drastic changes. We are experts at applying the appraisal concepts of "Highest and Best Use" to your hotel or resort property.
   
• Cost Segregation Analyses – Through our partnership with expert accountants and engineers, HVS offers cost segregation analyses and purchase price accounting as part of our range of valuation services. If you are purchasing a hotel, resort, or conference center that has a significant portion of its value in furniture, fixtures, and equipment, then segregating the value of these components of the property for depreciation purposes could lead to significant tax savings.
   
• Public-Private Partnerships – Due to specialized backgrounds in public policy and government service, the principals of the HVS Chicago office have a specialty service area that focuses on public sector clients and projects that may involve public-private partnerships. If you represent a government entity seeking to attract hospitality and tourism developments or oversee publicly-owned hotel and convention center assets, HVS can provide you with the industry expertise needed to help achieve your public policy objectives.