An Appraiser's Introduction & Overview of the U.S. Hotel Industry (AM), 3-Hours
With the upturn in the U.S. economy and the resulting increases in all types of travel, hotels are experiencing recovering occupancies, room rates and profits. Coupled with a growing availability of debt capital, hotel transactions are on the rise. These are challenging times for hotel appraisers and analysts who must thoroughly understand the current hotel economic environment and apply the correct valuation techniques to develop realistic estimates of value. This seminar provides hotel appraisers, owners, and operators the tools and knowledge needed to evaluate the dynamically changing hotel supply and demand trends, occupancies, room rates and REVPAR so they will be able to utilize the appropriate appraisal techniques to estimate market value.

Hotel Market Studies & Valuations-Using HVS Hotel Valuation Software (PM), 4-Hours
Performing hotel market studies and valuations require many complicated calculations to thoroughly analyze the supply and demand characteristics of the market, forecast revenues and expenses and estimate market value. This seminar demonstrates the use of HVS Hotel Valuation Software, three state-of-the-art programs that forecast hotel occupancy, room rate, income and expense, and value. Seminar attendees will actually use the software to solve an informative case study.

The HVS software programs and user manual, along with a demonstration hotel market study and valuation, a handbook on hotel investments and numerous research studies and articles will be included in each participant's take-home package.

Registration/Class
An Appraiser's Introduction & Overview (AM), 3-Hours
Wednesday, February 15, 2012: 8:15 a.m.-11:30 a.m.

Hotel Market Studies & Valuations (PM), 4-Hours
Wednesday, February 15, 2012: 1:00 p.m. -5:00 p.m.

Location
Courtyard by Marriott
2440 West Cypress Creek Road
Ft. Lauderdale, FL 33309


Fee includes both the 3 and 4 Hour seminars-Due to limited space you must register for both the AM & PM sessions
$155 Member/Early
$185 Non Member/Early
Register Early and Save $25-Fees increase after 1-25-2012

Register
www.appraisalinstitute.org/education/SouthFlorida.aspx

Questions? Contact us at 954-229-0499 or sfchap@bellsouth.net

FOR A LISTING OF EDUCATIONAL OFFERINGS
SPONSORED BY THE SOUTH FLORIDA CHAPTER,
VISIT OUR WEBSITE @www.southflorida-ai.org

Accommodations
Courtyard by Marriott, 954-772-7770 @ $95 per night, includes breakfast. Call the hotel directly and ask for in-house reservations. Mention the Appraisal Institute when reserving your room.
www.marriott.com/hotels/travel/fllcp-courtyard-fort-lauderdalenorth- cypress-creek/

Required Equipment
Laptop and HP-12C
Students need to bring a laptop loaded with Power Point and Excel and containing a USB port and a charger. Class materials, software and the presentation will be loaded on a flash drive and given to each student at registration. This will need to be downloaded to your laptop.

Appraisal Institute Continuing Education Credit
An Appraiser's Intro & Overview (AM) - 3-Hours
Hotel Market Studies & Valuation (PM) - 4-Hours

FREAB Continuing Education Credit
An Appraiser's Intro & Overview (AM) - 3-Hours, 0008914
Hotel Market Studies & Valuation (PM) - 4-Hours, 0008913

100% attendance is required at all Appraisal Institute programs.