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Strategic Advisory Services, or product positioning studies, regarding the type of hotel products that should be developed at a given location, their total suggested room count, and related hotel facility recommendations. These services are often provided by HVS Miami where we are part of a multi-disciplinary pre-development team of experts, allowing us to work with land planners and architects in creating an overall development plan that reflects both the physical constraints and attributes of the site, and the development of hotel products that will provide the optimal "product – market fit" for the source markets and type of customers visiting a given market area.
Market Studies regarding the annual occupancy and average rate (ADR) potential for existing or proposed hotels.
Market Feasibility Studies for proposed hotels and for existing hotels considering a major quality tier and/or brand repositioning. Market feasibility studies incorporate both the work scope inherent in a market study, coupled with multi-year financial operating forecasts.
Financial Feasibility Studies for proposed hotels, or hotels considering a repositioning. Financial feasibility studies incorporate both the work scope inherent in a market feasibility study, coupled with a valuation and invested cost comparison.
Valuation Estimates of fee simple, leased fee, and leasehold positions in individual hotel assets and multiple hotel asset portfolios, and the valuation of minority and/ or partnership interests in a hotel asset.
Valuation Estimates of hotel sites.
Multi-Year Financial Operating Forecasts for hotels.
Litigation Support Services which may involve any of the above services, as well as historical research on hotel market trends and hotel performance as of a given date in time.
Expert Witness Testimony for depositions and trial testimony.
Branded Management Contract Searches are performed by our office for clients who need assistance in identifying and attracting hotel brands available within a given market area that would represent the optimal "product – market alignment" of the envisioned hotel. This service includes assisting the client in either the negotiation and/ or review of the branded management contract terms.
