HVS International Celebrates Milestone Anniversary in 2005

25 Years of Excellence
"It is with great pride and satisfaction that I welcome 2005 as our 25th year in business," exclaims Steve Rushmore, president and founder of HVS International. "From our humble beginnings on (coincidentally) Hilton Avenue, in Garden City, Long Island to an organization of 23 offices in 10 countries, offering expertise in a myriad of hospitality consulting services, I am pleased that HVS has earned the respect of our industry worldwide," Rushmore continues. "I look forward to sharing our celebrations with friends and clients throughout the course of this year." HVS International is the industry's primary source of hotel sales information. Its databases contain information on more than 10,000 hotel transactions and thousands of financial statements. HVS is also the most comprehensive source of hotel compensation data. Also among the firm's list of on-going achievements and accolades, HVS has served as a launching-off point for many successful executives in the hospitality industry today. As a leading authority and prolific author on the topic of hotel feasibility studies and appraisals, Rushmore has written all five textbooks and two seminars for the Appraisal Institute covering this subject. He has also authored three reference books on hotel investing and has published more than 300 articles. He writes a monthly column for Hotels magazine and is widely quoted by major business and professional publications. Rushmore lectures extensively on hotel trends and has taught hundreds of classes and seminars to more than 20,000 industry professionals. He is on the faculty of the Cornell Hotel School's professional development program. HVS International is a global consulting and services organization focused on the hotel, restaurant, timeshare, gaming, and leisure industries. Its clients rely on the firm's specialized industry knowledge and expertise for advice and services geared to enhance economic returns and asset value. Through a network of 23 offices staffed by more than 200 seasoned industry professionals, HVS offers a wide scope of services that track the development/ownership process. Starting with the market feasibility and appraisal study, a project is conceived and justified. Opportunities for purchase can be identified by our HVS Hodges Ward Elliott joint venture. Financing through the HVS investment banking team is then arranged, interiors designed, and management hired. The latest technology solutions are implemented, marketing strategies developed, and organizational assessments made. When a client requires actual, on-site hotel or restaurant management, HVS offers these services as well. Lastly, HVS asset management provides constant operational oversight that ensures the maximization of economic returns and asset value. No other organization offers such a broad range of complementary services. HVS also has specialists in timeshare consulting, parking operations, golf courses and convention centers. Since 1980, HVS International has performed more than 15,000 assignments throughout the world for virtually every major industry participant. Its principals literally "wrote the book" on hospitality consulting, authoring numerous authoritative texts and hundreds of articles. HVS is client driven, entrepreneurial, and dedicated to providing the best advice and services in a timely and cost efficient manner.
For more information contact: Leora Lanz, 516-248-8828 Ext. 278