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Boston Hotel Market Review - 2006

The Boston lodging market outlook remains positive, with some uncertainty associated with new 4 star inventory and a sluggish commercial segment. However, the city is fundamentally sound and is expected to remain attractive for hotel investment.

About Erich Baum

Erich Baum is a Senior Vice President with the HVS Boston office and has performed and overseen thousands of hotel appraisal and consulting assignments throughout North America, including an extensive list of assignments involving residential components and property tax appeal cases. Erich co-authored the 2001 edition of the Appraisal Institute’s hotel valuation textbook, has written numerous previous articles on issues related to hotel appraisal and consulting, and regularly serves as an expert witness. Erich holds the CRE designation, is a state-certified appraiser, and is a graduate of Cornell’s School of Hotel Administration. For more information contact Erich at ebaum@hvs.com.

About Thomas Dolan

Tom Dolan is a Managing Partner with HVS and the Director of Operations for the HVS Boston office. Tom specializes in hotel property tax reassessments and appeals. Prior to joining HVS, Tom spent over ten years in restaurant and hotel operations. Please contact Tom at 617-424-8912 or tdolan@hvs.com.

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