Putting the Past to Use: A Hotel Forecasting Tool for the Current Downturn

Most hotel operators are currently facing revenue losses. Using our store of historical data from the prior downturn, HVS has developed an analytic tool for use in projecting income and expense items through the downturn.

About Erich Baum

Erich Baum is a Senior Vice President with the HVS office in New York and Boston and has overseen thousands of hotel appraisal and consulting assignments throughout North America, including an extensive list of assignments involving 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 is a state-certified appraiser and graduate of Cornell’s School of Hotel Administration. For more information contact Erich at ebaum@hvs.com.


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