Kristina M. D'Amico, Caribbean

Consulting Experience

Kristina D’Amico is a Director in the HVS Miami office. Her expertise spans consulting and valuation for both existing and proposed hotels and resorts throughout Florida, the Caribbean, and Latin America. Kristina’s significant international consulting and appraising experience includes assets in the Caribbean Basin across 17 Caribbean islands, as well as the Riviera Maya region of Mexico and various countries in Latin America. In particular, due to her creative thinking abilities and her skill with complex projects, she has an extensive background in consulting and valuation of proposed and existing all-inclusive resorts, as well as mixed-use resorts with complementary real estate. Kristina has also used her expertise on Caribbean markets to author numerous articles about various topics in this region.

Kristina has valued over one billion dollars of hospitality-driven real estate in her career and specializes in luxury, complex, and mixed-use developments. Kristina played a significant role in the valuation of the first over-$1-million-per-room hotel sale in Miami Beach. Kristina was responsible for the initial feasibility study and subsequent appraisals for the first Hyatt hotel to be built in Uruguay, which opened in June 2016. Throughout her near decade of experience, Kristina has performed market feasibility studies for existing and proposed resorts exceeding 1,000 rooms, as well as resorts with ADR levels over $1,000.

Originally from New Jersey, Kristina earned her bachelor’s degree from Florida International University with a major in finance and a minor in hospitality studies. She is a state-certified general real estate appraiser (RZ 3822) and is working through the final requirements for her MAI designation.

Testimonials

"HVS did a great job of delivering a quality work product on time and as efficiently as possible." – Michael Battin, Bixby Bridge Capital

"The team members are real professionals. They are committed and do real research even in cases of niche assets and markets." – Mr. Boumendil, Boho

"The insights and recommendations we received from HVS were very valuable in the definition of our new development. The guidance of an expert during the early stages of the project is a crucial element for commercial and financial success." – Mr. Granados, Inversiones y Construcciones

Education

Florida International University - Miami, Florida

Bachelor of Business Administration in Finance, Cum Laude Minor in Hospitality Studies

Appraisal Institute Training Classes Completed:
Basic Appraisal Principles (30 hours)
Basic Appraisal Procedures (30 hours)
State of Florida Law & Appraisers 2016/17 (7 hours)
Uniform Standards of Professional Appraisal Practice 2016/17 (15 hours)
Appraisal Report Writing and Case Studies (30 hours)
General Income Approach Part I (30 hours)
General Income Approach Part II (30 hours)
Finance, Statistics, and Valuation Modeling (15 hours)
General Market Analysis and Highest & Best Use (30 hours)
General Sales Comparison Approach (30 hours)
General Cost Approach and Site Valuation (30 hours)
General Appraisal Report Writing and Case Studies (30 hours)
Advanced Income Capitalization (35 hours)
Advanced Market Analysis and Highest and Best Use (35 hours)
Quantitative Analysis (35 hours)
Advanced Concepts and Case Studies (45 hours)
Business Practices and Ethics (7 hours)
50% FEMA Appraisal Law (2 hours)
Ignorance Isn't Bliss (4 hours)
Managing Unusual Appraisal and Litigation Assignments (7 hours)
Capstone – Demo Report
Biennial USPAP Updates

Employment History

October 2011-Present
HVS CONSULTING & VALUATION
HVS SHARED OWNERSHIP SERVICES
Director
Miami, Florida

February 2011 - October 2011
HVS CONSULTING & VALUATION
Intern - Research and Administrative Projects
Miami, Florida

Hotels Evaluated

Sample List for Illustrative Purposes

ALABAMA 
Courtyard by Marriott, Gulf Shores
Courtyard by Marriott, Montgomery
 
ARIZONA 
Proposed Canopy by Hilton, Tempe
 
CALIFORNIA 
Fairfield Inn & Suites by Marriott Napa American Canyon, American Canyon
Holiday Inn, Long Beach
Fairfield Inn & Suites, Napa
Pickwick Hotel, San Francisco
Queen Mary, Long Beach
Ventana Big Sur, Big Sur
 
DISTRICT OF COLUMBIA 
St. Regis, Washington
 
FLORIDA 
Hilton Orlando/Altamonte Springs, Altamonte Springs
Proposed Aloft Hotel, Aventura
Turnberry Isle Miami Autograph Collection, Aventura
Ritz-Carlton, Bal Harbour
St. Regis Bal Harbour, Bal Harbour
Belleview Biltmore, Bellaire
Courtyard by Marriott Riverfront, Bradenton
Springhill Suites by Marriott Brandon Tampa, Brandon
Proposed Aloft Hotel, Brickell
Hampton Inn Clearwater Central, Clearwater
Holiday Inn & Suites, Clearwater Beach
Hilton Clearwater Beach, Clearwater Beach
Pier House 60, Clearwater Beach
Proposed JW Marriott, Clearwater Beach
Proposed Wyndham Grand Hotel, Clearwater Beach
Studio 6 Fort Lauderdale, Coral Springs
Proposed Cove Hotel, Deerfield Beach
Proposed Full-Service Hotel, Deerfield Beach
Courtyard by Marriott Cruise Port, Fort Lauderdale
Proposed Dual-Branded Home2/Tru, Fort Lauderdale
Proposed Extended-Stay Hotel, Fort Lauderdale
Seabonay Beach Resort, Hillsboro Beach
Courtyard by Marriott, Homestead
Courtyard by Marriott Jensen Beach, Hutchinson Island
Courtyard by Marriott, Key West
Crowne Plaza La Concha, Key West
Inn at Key West, Key West
Marriott Beachside, Key West
Saint Hotel Key West, Key West
Proposed Luxury Boutique Hotel, Key Biscayne
Ritz-Carlton, Key Biscayne
Proposed Value Place, Lake Worth
Motel 6, Lantana
Proposed Relais & Chateaux, Longboat Key
Proposed Lifestyle Hotel, Madeira Beach
Proposed Hyatt Place, Melbourne
Four Seasons, Miami
Habitat Miami, Miami
Marriott Miami Dadeland, Miami
Proposed Hilton Garden Inn, Miami
Proposed Homewood Suites Brickell, Miami
Proposed Hotel, Miami
Proposed In-Terminal MIA Hotel, Miami
Proposed Luxury Hotel and Branded Residences, Miami
Proposed Redevelopment at 7880 Biscayne, Miami
Proposed Upscale Hotel at Baptist Hospital, Miami
Regency Miami Airport Hotel, Miami
SpringHill Suites by Marriott Miami Airport South, Miami
Tower Hotel, Miami
AC Hotel by Marriott, Miami Beach
Angler’s Boutique Hotel, Miami Beach
Carillon Hotel & Spa Miami Beach, Miami Beach
Clinton Hotel and Spa South Beach, Miami Beach
Delano, Miami Beach
Deauville Miami Beach Resort, Miami Beach
Dream South Beach, Miami Beach
Faena Miami Beach Hotel, Miami Beach
Fontainebleau Miami Beach, Miami Beach
Grand Beach Hotel, Miami Beach
Greystone Hotel, Miami Beach
Lincoln Arms Suites, Miami Beach
Majestic Hotel South Beach, Miami Beach
Miami Beach Resort and Spa, Miami Beach
Penguin Hotel, Miami Beach
President Hotel, Miami Beach
Proposed Hotel, Miami Beach
Proposed Park Terrace Hotel, Miami Beach
Raleigh Miami Beach, Miami Beach
Residence Inn by Marriott Miami Beach South Beach, Miami Beach
Ritz-Carlton South Beach, Miami Beach
Shelborne South Beach, Miami Beach
SLS Miami Beach, Miami Beach
Vintro South Beach Hotel, Miami Beach
La Quinta Inn & Suites, Miami Lakes
Naples Bay Resort, Naples
Proposed Select-Service Hotel, Opa Locka
Westin Orlando Universal Boulevard, Orlando
Hilton Garden Inn, Palm Beach Gardens
Proposed Cambria Suites, Palmetto
Proposed Sheraton Hotel, Palmetto
SpringHill Suites by Marriott, Pensacola
Proposed Limited-Service Hilton-Branded Hotel, Plantation
Sheraton Suites Fort Lauderdale, Plantation
Wyndham Bay Point Resort, Panama City Beach
Club Med Sandpiper, Port St. Lucie
Kimpton Hotel Zamora, St. Pete Beach
Proposed Select-Service Hotel, St. Petersburg
Renaissance Vinoy Resort, St. Petersburg
Sirata Beach Resort, St. Petersburg Beach
Holiday Inn Sanibel, Sanibel Island
Sanibel Sundial Beach Resort & Spa, Sanibel Island
Sanibel Sunset, Sanibel Island
Seaside Inn, Sanibel Island
Proposed Full-Service Hotel, South Miami
Grand Beach Surfside, Surfside
Best Western Bay Harbour Hotel, Tampa
Floridan Hotel, Tampa
Godfrey Hotel & Cabanas, Tampa
Hilton Downtown Tampa, Tampa
La Quinta Inn & Suites Tampa North I 75, Tampa
Marriott Tampa Airport, Tampa
Proposed Canopy by Hilton, West Palm Beach
Proposed Hotel, West Palm Beach
Residence Inn by Marriott, West Palm Beach
 
GEORGIA 
Vacant Land, Atlanta
 
HAWAII 
Ewa Beach Golf Club, Ewa Beach
Hawaii Kai Golf Course, Honolulu
Polynesian Plaza, Honolulu
Queen Kapiolani, Honolulu
Residential Townhouse, Honolulu
Royal Hawaiian Golf Club, Kailua
Millani Golf Club in Hawaii, Mililani
 
PUERTO RICO 
Proposed Hotel, Boquerón
 
VIRGINIA 
Proposed Inn & Conference Center, Middleburg
 
UNITED STATES VIRGIN ISLANDS 
Grande Bay Residence Club, St. John
Pond Bay, St. John
 
INTERNATIONAL
 
Aruba
Holiday Inn Resort and Casino, Palm Beach
 
Antigua
Proposed Resort, Long Bay
Proposed Hotel at Ballast Beach   
Proposed Hotel at Long Bay
Proposed Callaloo Cay Mixed-Use Development, Morris Bay
Proposed Luxury Hotel at Morris Bay
Proposed Luxury Hotel on Guiana Island
Proposed Ultra-Luxury Hotel on Crump Island
Proposed 4 Star Hotel on a 93-acre site
Proposed One&Only, Saint Johns
 
Bermuda
Proposed Hotel at Ariel Sands
Proposed 90-Room Hotel with 19 Condos and 10 Villas
 
Bahamas
British Colonial Hilton, Nassau
Nassau Junkanoo Beach, Nassau
The Pointe Hotel & Condos, Nassau
Ocean Club, A Four Seasons Hotel, Paradise Island
One & Only Ocean Club, Paradise Island
 
Cayman Islands
Marriott, Grand Cayman
 
Curacao
Sunscapes
Kunuku Aqua Resort, Kashutuin
Hilton Curacao, Willemstad
Proposed Hotel, Willemstad
 
Costa Rica
Dreams Las Mareas, El Jobo La Cruz de Guanacaste
Proposed Zoetry, Guanacaste
 
Dominican Republic
Proposed Hampton by Hilton, Boca Chica
Proposed Hotel at Las Americas, Boca Chica
Proposed Resort Miches, Miches
Proposed Hotel Project, Punta Cana
Proposed Punta Cana Resort, Punta Cana
Proposed Dual-Branded Hotel, Punta Cana
Proposed Mixed-Use Development, Punta Cana
 
Honduras
Proposed Hyatt Regency Condo-Hotel, Roatan
 
Mexico
Secrets Aura, Cozumel
Sunscape Sabor, Cozumel
 
St. Barthélemy
Le Barthelemy
Le Sereno
Proposed Resort
Tropical Hôtel, Baie de Saint Jean
 
St. Maarten
Proposed Hotel at Indigo Bay
 
St. Kitts and Nevis
Nisbet Plantation, Nevis
Proposed Rosewood Hotel, Nevis
 
St. Lucia
Royalton Saint Lucia, Castries
Proposed Hotel, Vieux Fort
 
Saint Vincent and the Grenadines
Proposed Hotel, Saint Vincent
 
Trinidad and Tobago
Proposed Four Points Hotel
 
Turks and Caicos
Proposed 5-Star Hotel, Providenciales
Proposed Andaz Hotel & Residences, Providenciales
Proposed Cooper Jack Bay Hotel, Providenciales
Proposed Grace Bay, Providenciales
Proposed Melia-Branded Hotel, Providenciales
Proposed Turks Cay Resort & Marina, Providenciales
Wymara Resort, Providenciales
 
Uruguay
Hyatt Centric Montevideo, Montevideo
Proposed Full-Service Luxury Hotel, Montevideo

Shared Ownership Experience

Since her first day at HVS, Kristina has been immersed in the shared-ownership industry and has worked on appraisals, feasibility studies, ad-valorem tax appeals, and unsold inventory valuations. The following is a partial list of her shared ownership experience:

ARIZONA 
Cibola Vista, Peoria
 
CALIFORNIA 
Welk Northstar Lodge, Lake Tahoe/Truckee
Proposed Timeshare Conversion, Palm Springs
Westin Mission Hills Villas, Rancho Mirage
 
CONNECTICUT 
Proposed Arnold Palmer Timeshare, Franklin
 
FLORIDA 
Daytona Seabreeze Resort, Daytona Beach
Wyndham Ocean Walk Resort, Daytona Beach
Silver Lake Resort, Kissimmee
Vacation Village at Parkway, Kissimmee
Bluegreen Fountains & Oasis Resort, Orlando
Hilton Grand Vacations Suites at International Drive, Orlando
Hilton Grand Vacations Suites at SeaWorld, Orlando
Proposed Hilton Grand Vacations Universal, Orlando
Sheraton Vistana Resort, Orlando
Sheraton Vistana Villages, Orlando
 
GEORGIA 
Ocean Lodge, St. Simons Island
  
HAWAII 
Proposed Timeshare Resort, Leeward Coast
 
NORTH CAROLINA 
Waterside at the Point, Edenton
 
SOUTH CAROLINA 
Proposed Bluegreen Timeshare, Charleston
Coral Sands North, Hilton Head
Proposed Hilton Grand Vacation Club, Hilton Head
Proposed Timeshare Development, Hilton Head
 
VERMONT 
Smugglers’ Notch Resort, Smugglers’ Notch
 
WISCONSIN 
Bluegreen Odyssey Dells Resort, Wisconsin Dells
 
MULTIPLE LOCATIONS 
Festiva Timeshare Resorts Inventory Valuations
 
UNITED STATES VIRGIN ISLANDS 
Grande Bay Residence Club, St. John
Pond Bay, St. John
 
INTERNATIONAL
 
Canada
Proposed Grand Niagara Timeshare Resort, Niagara Falls
 
St. Maarten
Interval International St. Maarten Member Profile
 
South America
Interval International Latin American Resident Member Profile

State Certification

Florida

Affiliations

Candidate for Designation, Appraisal Institute

Authored Publications

Club Med + Skift, “The Evolution of the All-Inclusive Resort,” April 2015, pg. 15: http://bit.ly/1dLsatK

My Articles

Reactivating the Caribbean during the COVID-19 Pandemic

After record-breaking visitation in 2019, the Caribbean was well positioned for another stellar year. However, despite a very low infection rate in the region, the COVID-19 pandemic has presented a wide range of new challenges for stakeholders in the region.

• August 4, 2020 By Kristina M. D'Amico

• Hotel Operations , Travel & Tourism , Economic Trends and Cycles , Resorts , COVID-19 , Caribbean

2019 in the Caribbean Region: 'Cause Every Little Thing Gonna Be Alright

Along the lines of the Bob Marley song, the Caribbean is “alright” despite lingering issues such as post-Hurricane rebuilding, new supply, and Sargassum. Resiliency continues as hoteliers have focused on crisis management and innovative product types to drive tourism and investment in the region.

• September 19, 2019 By Kristina M. D'Amico

• Hotel Investments & Ownership , Development & Construction , Travel & Tourism , Economic Trends and Cycles , Resort Residential , Caribbean

A New Day in the Sun: CHICOS 2018

Attendees came together this November to attend HVS’s 8th annual Caribbean Hotel Investment Conference & Operations Summit (CHICOS), hosted at the Fairmont Southampton in Bermuda.

• November 20, 2018 By Kristina M. D'Amico

One Year Later: The Rebound of the Caribbean following the 2017 Hurricane Season

It's been a year since the most dynamic, active, and destructive hurricane period hit the Caribbean in decades. Despite the devastating effects, the resiliency of the Caribbean hotel market has been demonstrated particularly well over the last year.

• August 15, 2018 By Kristina M. D'Amico

• Development & Construction , Environmental , Travel & Tourism , Hotels - Distressed , North America , Caribbean

HVS Key Takeaways: CHICOS 2017

Attendees came together this November to attend HVS’s 7th annual Caribbean Hotel Investment Conference and Operations Summit (CHICOS), hosted at the Fairmont Hamilton Princess in Hamilton, Bermuda.

• November 21, 2017 By Kristina M. D'Amico , Kristin Rinaudo

• Development & Construction , Environmental , Travel & Tourism , Economic Trends and Cycles , North America , Caribbean

The Impact of the September 2017 Hurricanes on the Islands of the Caribbean

In what appears to be a dynamic and active hurricane period, one of the busiest and most destructive season in decades, some of the islands of the Caribbean have witnessed destruction and evacuations like they’ve never seen before.

• September 27, 2017 By Kristina M. D'Amico

• Valuations & Market Studies , Travel & Tourism , Caribbean

Market Pulse: Bermuda, the Host Island for CHICOS 2017

The 35th America’s Cup in 2017, increased air capacity, and government incentives have helped Bermuda’s growing tourism industry and have spurred developer interest in building new luxury hotels on the island.

• August 2, 2017 By Kristina M. D'Amico

• Hotel Investments & Ownership , Development & Construction , Valuations & Market Studies , Travel & Tourism , Economic Trends and Cycles , North America , Caribbean