Chelsey Leffet

Consulting Experience

Chelsey Leffet, an HVS Vice President and leader of the Washington, D.C. Consulting and Valuation office, has appraised hundreds of hotels in the Mid-Atlantic, including Washington, D.C. and in major Beltway markets. Chelsey is a certified general appraiser in the District and surrounding states. Her skills plug into a network of fellow HVS appraisal experts, approaches, and infrastructure to generate the most authoritative, comprehensive advice about your hotel.

Before joining HVS, Chelsey served in guest services, operations, and restaurant roles at ARAMARK Higher Education; Lighthouse Resort Services in Corolla, North Carolina; the Columbus Inn in Wilmington, Delaware; and the Bellmoor Inn and Spa in Rehoboth Beach, Delaware. With HVS, she has published articles on the dynamics of the most prominent Mid-Atlantic hotel markets, including Baltimore, Philadelphia, Annapolis, and Washington, D.C. Chelsey graduated magna cum laude with a BS in Hospitality Management, minoring in Business Administration, from East Carolina University. She earned a Master’s in Business Administration from East Carolina University in 2015.

Chelsey resides in northeast D.C., near Gallaudet University and historic Union Station. She enjoys spending time with family and friends, golfing, hiking, and visiting the beaches of southern Delaware and North Carolina.

Employment History

August 2012 - Present
HVS Consulting and Valuation
Philadelphia, Pennsylvania

August 2011 – May 2012
ARAMARK Higher Education
Greenville, North Carolina

May 2011-August 2011
Lighthouse Resort Services
Corolla, North Carolina


May 2010-August 2010
Columbus Inn Restaurant
Wilmington, Delaware


May 2009-August 2009
The Bellmoor Inn & Spa
Rehoboth Beach, Delaware

Education

EAST CAROLINA UNIVERSITY
Master of Business Administration

EAST CAROLINA UNIVERSITY
Bachelor of Science, Hospitality Management

Other Specialized Training Classes Completed:

Uniform Standards of Professional Appraisal Practice – 15 hours
Basic Appraisal Procedures – 30 hours
Basic Appraisal Principles – 30 hours
General Appraiser Income Approach (Parts I and II) – 60 hours
General Appraiser Market Analysis and HBU – 30 hours
General Appraiser Report Writing and Case Studies – 30 hours
General Appraiser Sales Comparison Approach – 30 hours
General Appraiser Site Valuation and Cost Approach – 30 hours
Statistics, Modeling and Finance – 15 hours
Delaware Laws and Regulations for Appraisers – 3 hours
Supervisor Trainee Class – 4 hours
Advanced Income – 30 hours
Quantitative Analysis – 40 hours
Expert Witness for Commercial Appraisers – 15 hours
Commercial Appraisal Review – 15 hours
Advanced Market Analysis & HBU – 40 hours
General Demonstration Report Writing – 7 hours
Advanced Concepts and Case Studies – 40 hours
Capstone – Demo Report
USPAP Update – 2014, 2016

Hotels Appraised

CONNECTICUT
Quality Inn, Cromwell
Econo Lodge, Groton
Hampton Inn, Meriden
Hilltop Inn & Suites, North Stonington

DELAWARE
Hilton Wilmington Christiana, Newark
Proposed Hampton Inn, Wilmington

DISTRICT OF COLUMBIA
Capital Hilton
DoubleTree by Hilton
George Washington University Inn
Hyatt Place E-Street
Mandarin Oriental Washington
Marriott Washington Wardman Park
Motel 6
Proposed Canopy Hotel
Proposed Embassy Suites
Proposed Hyatt House
Proposed InterContinental Hotel
Residence Inn by Marriott Washington DC Vermont Avenue

FLORIDA
Sheraton Tampa East, Tampa

HAWAII
DoubleTree Naniloa Hotel, Hilo

ILLINOIS
Best Western, Burbank
Holiday Inn Express, Lansing
Holiday Inn Express, Schaumburg

INDIANA
Courtyard by Marriott, Bloomington
Best Western, Hammond
Huntington Inn, Huntington
Comfort Suites, South Bend

MARYLAND
Red Roof Inn, Aberdeen
Hampton Inn Downtown, Baltimore
Comfort Inn, Beltsville
Hyatt Regency, Bethesda
La Quinta Inn & Suites, California
Comfort Inn, Clinton
Hampton Inn & Suites Arundel Mills, Hanover
Residence Inn by Marriott Arundel Mills BWI Airport, Hanover
Residence Inn by Marriott, Hunt Valley
Holiday Inn Express, La Plata
Holiday Inn Express Hotel & Suites, Laurel
Holiday Inn Express, Prince Frederick
Days Inn, Salisbury
Comfort Inn, Towson
Proposed Fairfield Inn Westphalia, Upper Marlboro
Comfort Suites, Waldorf
Country Inn & Suites, Waldorf

NEW JERSEY
Proposed Hotel, Asbury Park
Howard Johnson, Bellmawr
Super 8, Bellmawr
Hampton Inn, Blackwood
Days Inn, Bordentown
Brick Motor Inn, Brick
Jetty Motel, Cape May
Madison Beach Club Motel, Cape May
Proposed Hampton Inn, Cranbury
The Palace Inn, Fords
Motel 6, Galloway
Hampton Inn, Mount Holly
Hilton Garden Inn, Mount Laurel
TownePlace Suites by Marriott, Mount Laurel
Hampton Inn, Nanuet
Hilton Garden Inn, Nanuet
Proposed Homewood Suites, Neptune
Days Inn, Parsippany
Calypso Motel, Wildwood
Quebec Motel, Wildwood
Hilton, Woodcliff Lake

NEW YORK
Capri Whitestone Hotel, Bronx
Sheridan Hotel, Bronx
Comfort Inn, Brooklyn
Hotel Bliss, Brooklyn
Hotel BPM, Brooklyn
Holiday Inn Buffalo Airport, Cheektowaga
Flushing Grand Hotel, Flushing
Red Roof Inn, Flushing
Monticello Motel, Monticello
Days Inn, Nanuet
King and Grove Hotel, New York City
Beacon Motel, Plattsburg
Best Western, Pompton Plains
Hampton Inn, Poughkeepsie
Holiday Inn Express, Poughkeepsie
Holiday Inn Airport, Rochester
Proposed Hotel Indigo, Saratoga Springs
Fairfield Inn, Spring Valley
Proposed Home2 Suites, Syracuse
Best Western, Utica
Best Western New Baltimore Inn, West Coxsackie
Quality Inn, Woodside

NORTH CAROLINA
Super 8, Garysburg
Quality Inn, Washington

PENNSYLVANIA
Proposed Holiday Inn Express, Altoona
Brookville Lodge, Brookville
Fairfield Inn, Chambersburg
Days Inn, Clearfield
Knights Inn, Clearfield
Days Inn, East Stroudsburg
Proposed Holiday Inn Express, Fort Washington
Heritage Hotel, Lancaster
SpringHill Suites by Marriott, Langhorne
Proposed Hampton Inn, Media
Best Western Plus, Middletown
Staybridge Suites, Montgomeryville
Hawthorne Suites, Philadelphia
Hotel Monaco, Philadelphia
Proposed AC by Marriott, Philadelphia
Proposed Hyatt Place, Philadelphia
Proposed Holiday Inn Express, Selinsgrove
Mill Stream Country Inn, Smoketown
Proposed Hyatt Place, State College
Crowne Plaza, Trevose
Proposed TownePlace Suites by Marriott, Washington
Penn Wells Hotel, Wellsboro
Proposed Fairfield Inn by Marriott, Willow Grove

SOUTH CAROLINA
3 Palms Hotel, Myrtle Beach
Hampton Inn Oceanside, Myrtle Beach

VIRGINIA
Alexandria Monaco, Alexandria
Holiday Inn Carlyle, Alexandria
Morrison House, Alexandria
Proposed Hotel, Alexandria
Embassy Suites Dulles North Loudoun, Ashburn
Homewood Suites by Hilton Dulles North Loudoun, Ashburn
Wingate Inn Dulles Airport, Chantilly
Best Western Plus Portsmouth, Chesapeake
Hilton Garden Inn, Chesapeake
Colonial Beach Inn, Colonial Beach
Hampton Inn Dumfries Quantico, Dumfries
Candlewood Suites, Fairfax
Hyatt Fair Lakes, Fairfax
Westin Tysons Corner, Falls Church
Candlewood Suites, Fredericksburg
Dunning Mills Inn, Fredericksburg
Proposed SpringHill Suites by Marriott, Gainesville
Comfort Inn, Gloucester
Candlewood Suites, Herndon
Motel 6, Lexington
Econo Lodge Airport, Norfolk
Econo Lodge University, Norfolk
Holiday Inn Norfolk Airport, Norfolk
Sheraton Waterside, Norfolk
SpringHill Suites by Marriott Norfolk Virginia Beach, Norfolk
Candlewood Suites, Sterling
Hyatt House Sterling/Dulles Airport North, Sterling
Suburban Extended Stay, Sterling
Super 8, Tappahannock
Quality Inn, Thornburg
Holiday Inn Express, Woodstock

WASHINGTON
Best Western, Friday Harbor
Best Western Plus, Moses Lake

State Certification

District of Columbia
Maryland
Virginia

My Articles

Key Takeaways: AHLA & AAHOA’s – Legislative Action Summit 2017

AHLA and AAHOA held the annual Legislative Action Summit in May in Washington, DC. to bring hundreds of people together to call on members of Congress regarding issues important to the industry. The various issues are described in this article.

• June 6, 2017 By Chelsey Leffet , Kirby D. Payne

• Asset Management , Food & Beverage , Development & Construction , Architecture & Interior Design , Golf Courses and Clubs

HVS Market Pulse: Washington, D.C.

Washington, D.C. remains a top draw for leisure, convention, and government demand, with market-wide RevPAR ranking among the highest in the nation. Convention demand and tourism continue to grow, helping to push the market’s overall performance.

• January 17, 2017 By Chelsey Leffet , Anne R. Lloyd-Jones

In Focus: Hampton Roads, VA

Though on the verge of an influx of new hotel supply, demand in Hampton Roads has risen in recent years, improving occupancy and allowing hoteliers to command better rates.

• December 14, 2015 By Chelsey Leffet

Market Pulse: Annapolis, Maryland

Average rates are up and supply growth is flat in Annapolis, which bodes well for the city’s overall hotel performance picture. Have local hoteliers been able to reach a better balance between leisure, commercial, government, and group demand?

• October 27, 2014 By Chelsey Leffet , Chris Fernandes

Three Key Takeaways | International Luxury Hotel Association Fast Forward 2020

During the International Luxury Hotel Association Fast Forward 2020, three hot topics emerged: lodging, authenticity, and luxury travel trends. This article discusses takeaways from the conference regarding these items.

• October 6, 2014 By Chelsey Leffet

• Development & Construction , Technology , Travel & Tourism

In Focus: Washington, DC

As economic recovery resumes and tourism strengthens, Washington, D.C. remains a top draw for leisure, convention, and government demand, with area hotels achieving some of the highest RevPAR levels in the nation.

• July 14, 2014 By Chelsey Leffet , Jerod S. Byrd

Market Intelligence Report 2013 Philadelphia

Unemployment in Philadelphia remains high, though the city’s broad economic base continues to slowly recover. RevPAR levels for Philadelphia hotels are expected to strengthen in the near term, with demand outpacing recent supply additions.

• August 12, 2013 By Chelsey Leffet , Jerod S. Byrd

• Economic Trends and Cycles

HVS Market Intelligence Report: Greater Wilmington, Delaware

The recent recession cut into Wilmington’s hotel market as demand from financial institutions and other firms weakened; however, new projects, rising room rates, and a strengthening economy in the city and MSA are putting RevPAR on the mend.

• April 15, 2013 By Chelsey Leffet , Jerod S. Byrd

• Valuations & Market Studies , Economic Trends and Cycles