A Director with the HVS Colorado office, Katy Black is an expert in the lodging markets of the mountain region, particularly in Montana and Wyoming, as well as Orange County, California. She has worked throughout this region of Southern California, from Dana Point to Anaheim and most submarkets in between. Katy began her hospitality career in Akron, Ohio, at the Crowne Plaza Quaker Square. She completed management training at the Courtyard by Marriott at The University of Delaware and went on to hold management roles in Front Office and Corporate Sales at the DoubleTree by Hilton and Hilton Akron/Fairlawn. Katy graduated from The University of Delaware with an honors degree in Hotel, Restaurant, and Institutional Management. She earned an MS in Accounting from the University of Akron.
"HVS is extremely detail-oriented and thorough in their valuation assignments." – Sebastian Vail, Duff & Phelps
"Initially I was hesitant given HVS' previously limited know-how in spa related valuations. But I can testify that the work, efficiency, and thorough, in-depth analysis of the valuation done by Mia Mackman and Katy Black for Glen Ivy Hot Springs, California, in January 2018 is a fabulous example of true professional work on a complex 85-acre, mixed-used project on the outskirts of Orange County. It was a true pleasure to work with them. Thank you." - Ingo Schweder, GOCO Hospitality
"Report turnaround time was quick. Everyone I worked with was very professional. Analysis was very thorough. Thank you!" – Matt Weston, MMR Investments, LLC
"HVS is my go-to company and I recommend them to my banks and use them for all my feasibility studies. They clearly understand the hotel segment and the region and provide a fair and balanced report." – Mr. Ranchhod, Hospitality Management Inc.
2013 to present
HVS CONSULTING AND VALUATION SERVICES
Denver, Colorado
Los Angeles, California
2010 – 2013
DOUBLETREE BY HILTON AKRON/FAIRLAWN, RDA MANAGEMENT
Akron, Ohio
2008 – 2010
HILTON AKRON/FAIRLAWN, RDA MANAGEMENT
Akron, Ohio
2007
CROWNE PLAZA QUAKER SQUARE, RDA MANAGEMENT
Akron, Ohio
Colorado
Montana
Wyoming
UNIVERSITY OF AKRON
Master of Science
Accounting
UNIVERSITY OF DELAWARE
Bachelor of Science
Hotel, Restaurant, and Institutional Management
Other Specialized Training Classes Completed:
Uniform Standards of Professional Appraisal Practice – 15 hours
Basic Appraisal Principles – 30 hours
Basic Appraisal Procedures – 30 hours
General Appraiser Income Approach (Parts I and II) – 60 hours
General Appraiser Market Analysis and HBU – 30 hours
General Appraiser Site Valuation and Cost Approach – 30 hours
General Appraiser Sales Comparison Approach – 30 hours
Statistics, Modeling and Finance – 15 hours
General Appraiser Report Writing and Case Studies – 30 hours
Advanced Income – 35 hours
Annual USPAP Updates
Sample List for Illustrative Purposes
PORTFOLIO ANALYSIS
Portfolio of 40 InTown Suites Hotels
Portfolio of 11 Hilton-Branded Hotels
ARIZONA
Hilton Phoenix Chandler, Chandler
Proposed Residence Inn, Chandler
Proposed TownePlace Suites by Marriott, Chandler
Hampton Inn, Lake Havasu City
Proposed Hampton Inn & Suites, Page
Hampton Inn, Scottsdale
Proposed Holiday Inn, Scottsdale
ARKANSAS
Clarion Resort On The Lake Hot Springs, Hot Springs National Park
CALIFORNIA
Hilton, Anaheim
Sheraton Park, Anaheim
Embassy Suites, Brea
Proposed Hampton Inn, Buena Park
The GlenRoy, Coachella
Hyatt House, Coachella
Furnace Creek, Death Valley
Proposed AC Hotel, Irvine
Continental Motel, Salinas
Proposed Sheraton Hotel, San Gabriel
Embassy Suites, Santa Ana
Proposed Hyatt Place, Santa Cruz
Embassy Suites, Temecula
Proposed Fairfield Inn & Suites by Marriott, Winter
COLORADO
Proposed Hilton Garden Inn, Arvada
Proposed Boomerang Hotel, Aspen
Hyatt Place Denver Airport, Aurora
Proposed Element Hotel, Basalt
Park Hyatt, Beaver Creek
Courtyard by Marriott, Boulder
Marriott, Boulder
St. Julien, Boulder
Best Western Brighton Inn, Brighton
Proposed Hotel Brighton, Brighton
Proposed Select-Service Hotel, Brighton
Proposed Fairfield Inn by Marriott, Broomfield
Academy Hotel, Colorado Springs
Great Wolf Lodge, Colorado Springs
Holiday Inn Express Hotel & Suites, Colorado Springs
Hyatt House, Colorado Springs
Radisson, Colorado Springs
WoodSpring Suites, Colorado Springs
Proposed Hotel at Wildwood Casino, Cripple Creek
Courtyard by Marriott Denver Stapleton, Denver
Embassy Suites DIA, Denver
Hyatt House Denver Airport, Denver
Hyatt Regency Denver Tech Center, Denver
Proposed Fairfield Inn & Suites, Denver
Proposed AC by Marriott, Durango
AmericInn, Eagle
Courtyard by Marriott, Englewood
Hilton Garden Inn Denver South Meridian, Englewood
Inverness Hotel & Conference Center, Englewood
Proposed TownePlace Suites DTC, Englewood
Residence Inn by Marriott, Englewood
Comfort Suites Golden West on Evergreen Parkway, Evergreen
Value Place Denver Firestone, Firestone
Homewood Suites, Fort Collins
Marriott, Fort Collins
Hampton Inn & Suites Denver Cherry Creek, Glendale
Staybridge Suites Cherry Creek, Glendale
Fairfield Inn & Suites by Marriott, Greeley
Courtyard by Marriott Denver Tech Center, Greenwood Village
Fairfield Inn by Marriott Denver Tech Center South, Highlands Ranch
Proposed Courtyard by Marriott, Highlands Ranch
Courtyard by Marriott Southwest Lakewood, Lakewood
Hampton Inn Denver West Federal Center, Lakewood
Holiday Inn, Lakewood
Proposed Hampton by Hilton, Lakewood
Residence Inn by Marriott Southwest Lakewood, Lakewood
Holiday Inn Express, Limon
Homewood Suites by Hilton, Littleton
Proposed TownePlace Suites by Marriott, Lone Tree
Proposed Full-Service Hotel, Loveland
Proposal Hotel Convention Center, Loveland
Hotel Madeline, Telluride
Proposed Hotel, Telluride
Proposed Hotel Ajax, Telluride
Fairfield Inn & Suites Denver North Westminster, Westminster
Proposed Home2 Suites by Hilton, Westminster
Proposed Hyatt Place, Westminster
FLORIDA
Comfort Inn, Chipley
Hilton Orlando Altamonte Springs, Altamonte Springs
Fontainebleau Miami Beach, Miami Beach
GEORGIA
Georgia Tech Hotel & Conference Center, Atlanta
Southern Pine Cottages, Pine Mountain
HAWAII
Hilton Hawaiian Village Waikiki Beach Resort, Honolulu
Ritz-Carlton Kapalua, Kapalua
ILLINOIS
Best Motel, Chicago
Best Western, Morton Grove
Super 8, Peru
INDIANA
Econo Lodge, South Bend
Proposed Motel 6, South Bend
KANSAS
Proposed Crowne Plaza, Aquatic Center, and Sports Complex, Goddard
MINNESOTA
Homewood Suites by Hilton, Bloomington
Proposed Hotel Market Study, Edina
Courtyard by Marriott Minneapolis St. Paul Airport, Mendota Heights
DoubleTree by Hilton Park Place, St. Louis Park
Embassy Suites Saint Paul Downtown, Saint Paul
Proposed Holiday Inn, Waite Park
Proposed Staybridge Suites, Waite Park
MISSISSIPPI
Palm Tree Hotel, Taylorsville
MONTANA
Motel 6 Billings South, Billings
Hilton Garden Inn, Bozeman
Motel 6, Helena
Holiday Inn Express, Sidney
NEBRASKA
Days Inn, McCook
NEVADA
Howard Johnson on East Tropicana, Las Vegas
NEW MEXICO
Best Western, Los Alamos
NORTH DAKOTA
Proposed Candlewood Suites, West Fargo
OHIO
Hampton Inn & Suites Cleveland Southeast Streetsboro, Streetsboro
OKLAHOMA
Holiday Inn Express Hotel & Suites OKC, Bethany
Hampton Inn, Chickasha
Holiday Inn Express Hotel & Suites, Chickasha
PUERTO RICO
Waldorf Astoria El Conquistador Resort, Fajardo
El Conquistador, Las Croabas
El San Juan Hotel & Casino, San Juan
Hilton Condado Plaza Hotel & Casino, San Juan
TENNESSEE
Inland Suites Elvis Street, Memphis
Inland Suites Lamar Street, Memphis
TEXAS
Schlitterbahn Riverpark & Resort, Corpus Christi
Le Méridien Stoneleigh, Dallas
Comfort Inn & Suites, Lubbock
Holiday Inn Express Hotel & Suites, Lubbock
Super 8, Lubbock
Holiday Inn Express Hotel & Suites, Wolfforth
UTAH
Proposed Hampton Inn, Logan
Park Inn by Radisson Salt Lake City Midvale, Midvale
DoubleTree Salt Lake City Airport, Salt Lake City
Marriott Salt Lake City University Park, Salt Lake City
Proposed 1 Hotel and Residences, Salt Lake City
Proposed Full-Service Hotel, Salt Lake City
Proposed Hotel and Condominium Salt Lake City, Salt Lake City
Sheraton, Salt Lake City
WISCONSIN
Wilderness Hotel & Resort, Wisconsin Dells
WYOMING
Courtyard by Marriott, Casper
Motel 6, Casper
Ramada Plaza Riverside Hotel & Convention Center, Casper
Americas Best Value Inn, Cheyenne
Motel 6, Cheyenne
Amangani, Jackson
Motel 6, Jackson
Spring Creek Ranch, Jackson
Motel 6, Rock Springs
Four Seasons Resort Jackson Hole, Teton Village
Proposed Americas Best Value Inn, Wheatland