HVS Asset Management & HVS Convention Consulting Retained By City of Albuquerque

HVS will assist the City in determining the market viability and financing options of developing a 600+ room Convention Center Hotel
Mark Lynn, president of HVS' Asset Management Division, and Tom Hazinski, managing director of HVS' Convention Facilities Consulting Division, are pleased to announce their collaborative effort to assist the City of Albuquerque explore options to develop a full-service hotel near its downtown convention center. Fred Mondragon, chairman of Albuquerque's Economic Development Department, working with City Council member Eric Griego, has asked HVS International to assist the City in finding solutions to finance this development. Many leaders in the City feel this project will strengthen the appeal of Albuquerque as a convention destination. "HVS will assess the Albuquerque market and explore financial structures that may be appropriate for this type of development," explains Lynn. Adds Hazinski, "Our overall objective is to help the City of Albuquerque to be effective in attracting conventions and tradeshows in an increasingly competitive environment." HVS International is a full-service, global hospitality consulting organization focused on the hotel, restaurant, timeshare, gaming, and leisure industries. Founded in1980, HVS performs more than 1,500 engagements per year for virtually every major industry participant. HVS International is client-driven, entrepreneurial, and dedicated to providing the best advice and services in a timely and cost efficient manner. The Asset Management & Strategic Advisory Services Division serves as an expert guide to assist clients in maximizing the potential of their hotel assets. The staff of HVS Convention, Sports & Entertainment offers the highly specialized expertise necessary to analyze and implement public facilities projects. Each of the principals at HVS CSE has experience in state and local government, knowledge of public financing strategies, and masters degrees in public policy.
For further information please contact: Mark Lynn Tel: +1 415 268 0357 Email: mlynn@hvsinternational.com Thomas Hazinski Tel: +1 312 587 9900 ext. 11 Email: thazinski@hvsinternational.com