HVS Logo HVS Logo
  • Client Services
    • Brand & Management Selection and Contract Negotiations
    • Testimony & Litigation Support Services
    • Appraisals & Valuations
    • Asset Management
    • Brokerage & Advisory
    • Convention, Sports & Entertainment Facilities
    • Executive Search
    • Feasibility Studies
    • Financing
    • Hotel Management
    • Interior Design Services
  • Brokerage Listings
  • Publications & Events
    • Market Reviews
    • Industry Insights
    • In-Depth Hospitality Research
    • Conferences/Seminars
    • Subscribe to Newsletter
  • Find Personnel
  • Careers
  • (English) EN
    • English English
    • French French

Kirsten Z. Smiley, MAI

Senior Vice President, Southern California Region Director, Los Angeles
  •   [email protected]
  •   +1 (405) 612-6255 (Work)
  •   English, Chinese (Mandarin), Chinese (Cantonese)
  •   Business Card
  • Consulting Experience
  • Testimonials
  • Education
  • Affiliations
  • Employment History
  • Hotels Evaluated
  • My Articles

Consulting Experience

Kirsten Smiley, MAI, Senior Vice President, is the Director of the Southern California Region of the HVS consulting and valuation office in Los Angeles, California. She is a Designated Member of the Appraisal Institute. Since joining HVS in 2014, Kirsten has worked with the HVS St. Louis and Portland offices before relocating to Los Angeles in 2018. Kirsten’s international background and understanding of both Asian and U.S. markets have allowed her to assist her domestic clients and their international partners. Her extensive expertise in markets throughout the West Coast is highlighted below.

Kirsten’s experience with all hotel asset classes, including luxury coastal resorts and high-profile assets in urban markets, provides her with a unique perspective on the industry. Significant past engagements include the following:

  • Loews Santa Monica (Santa Monica, CA)
  • Pendry San Diego (San Diego, CA)
  • Surf and Sand Resort (Laguna Beach, CA)
  • La Quinta Resort, A Waldorf Astoria Resort (La Quinta, CA)
  • Fairmont Grand Del Mar (San Diego, CA)
  • Great Wolf Lodge Southern California (Garden Grove, CA)
  • Hyatt Regency Los Angeles Airport (Los Angeles, CA)
  • The LINE LA (Los Angeles, CA)
Kirsten specializes in market research and feasibility analysis given her analytical skills and deep knowledge of hotels’ multi-departmental operations. Her proposed hotel consulting experience has included the following notable projects:
 
  • Proposed Great Wolf Lodge Northern California (Manteca, CA)
  • Proposed Convention Center Hotel Los Angeles (Los Angeles, CA)
  • Proposed Hotel Cecil Redevelopment (Downtown Los Angeles, CA)
  • Proposed Talking Stick Resort (Scottsdale, AZ)
  • Proposed Wellness Resort (Lake County, CA)
  • Proposed Luxury Five-Star Hotel (Downtown Bellevue, WA)
  • Proposed Hyatt Centric and Residences (Koreatown, Los Angeles, CA)
Kirsten also has experience in working with government agencies, including the Cities of Davis and Kingsburg, California, and she has conducted a strategic review of 15 hotels for the Port of San Diego.

Kirsten graduated with dual international degrees in Hospitality Management from Sun Yat-Sen University in China and Oklahoma State University in Stillwater, Oklahoma. She a state-certified general appraiser working towards a designation of MAI as a Designated Member of the Appraisal Institute.

Follow Kirsten on LinkedIn.

HVS is the nation's leading consulting firm that is laser-focused on the hospitality sector. The firm provides expertise through every phase of ownership across a wide range of hospitality assets. We help clients succeed in the complex consulting arena, from feasibility studies to exit strategies and everything in between.

Testimonials

"Over the past 25 years, as a CPA referring my hospitality clients for appraisal services of their hotels, we understand and accept the potential risks that a 'bad referral' may come back to haunt us. Of course, we have connected our esteemed client to Kirsten Smiley of HVS, and we are happy and proud that excellent services and product were delivered as expected. Kirsten is quite professional and very experienced to share market perspectives and has fully explained all the assumptions and limiting conditions applicable to the subject property. I am extremely satisfied with the timely end product and definitely look forward to working with Kirsten and the HVS team again!" – Ryan Wong, Thong Yu Wong & Lee

"The team is wonderful and highly professional. Marcus Lee, Luigi, and Kirsten are amazing and very attentive to details. Special thanks to the entire team and more to Marcus Lee who is very intuitive and supportive of our innovative and sustainable hotel project. Many thanks to Kathryn for her responsiveness and kindness." – Tatyana Li, LSW Hotels

Education

BA – Oklahoma State University, Sun Yat-Sen University

Other Specialized Training Classes Completed:
Uniform Standards of Professional Appraisal Practice
Basic Appraisal Principles
Basic Appraisal Procedures
Supervisor Trainee Class for Oregon
General Appraiser Income Approach (Parts I and II)
General Appraiser Market Analysis and HBU
General Appraiser Site Valuation and Cost Approach
General Appraiser Sales Comparison Approach
Real Estate Finance, Statistics, Valuation Modeling
General Appraiser Report Writing and Case Studies
Expert Witness for Commercial Appraisers
Commercial Appraisal Review
Basic Hotel Appraising
California Law
Advanced Income
Quantitative Analysis
Advanced Market Analysis & HBU
Advanced Concepts
General Demonstration Report Writing
Capstone
Biennial USPAP Updates

Affiliations

Appraisal Institute – Designated Member (MAI)

Employment History

2014 to present
HVS CONSULTING AND VALUATION SERVICES
Portland, Oregon

2013 to 2014
MAYFLOWER RENAISSANCE
Washington, D.C.

2012
ATHERTON HOTEL
Stillwater, Oklahoma

2011
DONGFANG HOTEL
Guangzhou, China

Hotels Evaluated

Sample List for Illustrative Purposes

PORTFOLIO WORK
15 Extended Stay America Hotels, Southern California
6 Hotels in Washington, Oregon, and California
7 Hotels in Washington, Oregon, and California
3 Proposed Hotels, Los Angeles-area, California
2 Proposed Luxury Hotels, La Quinta, California (Multiple Times)
 
ARIZONA
Proposed Avid Avondale, Avondale
Proposed EVEN Hotel Avondale, Avondale
Hampton Inn Phoenix Chandler, Chandler
Saguaro, Scottsdale
Talking Stick Resort, Scottsdale
Best Western Inn of Tempe, Tempe
MOXY Phoenix Tempe/ASU Area, Tempe
 
ARKANSAS
Value Place, Fayetteville
Hyatt Place, Rogers
 
CALIFORNIA
Proposed Hotel Adelanto, Adelanto
Cambria Hotel Anaheim Resort Area, Anaheim
Candlewood Suites Anaheim - Resort Area, Anaheim
Courtyard by Marriott Anaheim Resort Convention Center, Anaheim
DoubleTree by Hilton Suites Anaheim Resort Convention Center, Anaheim
Hilton Anaheim, Anaheim
Sheraton Park Hotel at the Anaheim Resort, Anaheim
SunCoast Park Hotel Anaheim, Tapestry Collection by Hilton, Anaheim
Proposed Best Western Bakersfield, Bakersfield
Hampton Inn & Suites Banning Beaumont, Banning
Home2 Suites by Hilton Barstow, Barstow
Proposed Dual-Branded Marriott, Barstow
Proposed Home2 Suites, Barstow
Hotel Durant, Berkeley
Holiday Inn Resort The Lodge at Big Bear Lake, Big Bear Lake
Embassy Suites, Brea
Hampton Inn & Suites Buellton/Santa Ynez Valley, Buellton
Proposed Aloft Buena Park, Buena Park
Proposed Stanford Hotel, Buena Park
Proposed Cabazon Glamping Recreation Center, Cabazon
Proposed Hampton Inn Calexico, Calexico
Courtyard San Diego Carlsbad McClellan-Palomar Airport, Carlsbad
Staybridge Suites Cathedral City Golf Resort, Cathedral City
Proposed Hotel Clovis, Clovis
Proposed The GlenRoy, Coachella
Proposed Midscale Hotel Corona, Corona
Crowne Plaza Orange County, Costa Mesa
Holiday Inn Express, Costa Mesa
Ritz-Carlton Laguna Niguel Dana Point, Dana Point
Proposed Embassy Suites, Davis
Proposed Select-Service Hotel Downey, Downey
Proposed Full-Service Hotel, Dublin
Proposed Residence Inn by Marriott El Centro, El Centro
AC Hotel by Marriott Los Angeles South Bay, El Segundo
Proposed Candlewood Suites, Elk Grove
Comfort Inn Silicon Valley East Fremont, Fremont
Proposed Hotel Fresno, Fresno
Great Wolf Lodge Southern California, Garden Grove
Hyatt Regency Orange County, Garden Grove
Hyatt Place Glendale Los Angeles  Glendale
Hampton Inn, Goleta
Proposed Hyatt Place, Hayward
Best Western Dry Creek Inn, Healdsburg
Proposed Kokoro Wellness Resort, Howard Springs
Hyatt Regency Indian Wells Resort & Spa, Indian Wells
Miramonte Indian Wells Resort & Spa Curio Collection by Hilton, Indian Wells
Proposed The Arya Hotel & Wellness Center, Inglewood
Proposed Peabody Hotel Indio, Indio
Hilton Garden Inn Irvine Orange County Airport, Irvine
Proposed Element Hotel, Irvine
Proposed Hotel, Kingsburg
Surf & Sand Resort, Laguna Beach
Proposed Hampton Inn & Suites by Hilton, La Habra
Hotel La Jolla Curio Collection by Hilton, La Jolla
Proposed Montage La Quinta, La Quinta
Proposed Pendry La Quinta, La Quinta
Hotel Joaquin Laguna Beach, Laguna Beach
Laguna Beach Lodge, Laguna Beach
Montage Resort & Spa Laguna Beach, Laguna Beach
Embassy Suites Lompoc, Lompoc
Homewood Suites by Hilton Long Beach Airport, Long Beach
Westin Long Beach, Long Beach
AC Hotel by Marriott Beverly Hills, Los Angeles
E-Central Downtown Los Angeles Hotel, Los Angeles
Four Points by Sheraton Los Angeles International Airport, Los Angeles
Hyatt Regency Los Angeles International Airport, Los Angeles
LINE Los Angeles, Los Angeles
Proposed Dual-Branded Residence Inn and Fairfield Inn USC, Los Angeles
Proposed Hyatt Centric Hotel & Residences Koreatown, Los Angeles
Ramada Los Angeles Wilshire Center, Los Angeles
Sheraton Gateway Los Angeles Hotel, Los Angeles
The Cecil Hotel, Los Angeles
Proposed Riverstone Hotel, Madera
Proposed Wellness Hotel Malibu, Malibu
Proposed Residence Inn Mammoth Lakes, Mammoth Lakes
Proposed Great Wolf Manteca, Manteca
Residence Inn Marina del Rey, Marina Del Rey
Stanford Park Hotel, Menlo Park
Proposed Hotel - Merced Gateway, Merced
Hampton by Hilton Moreno Valley, Moreno Valley
Resort at Pelican Hill Newport Coast, Newport Coast
Proposed Hotel Nipomo, Nipomo
Courtyard by Marriott San Diego Oceanside, Oceanside
Proposed Hotel Oceanside, Oceanside
DoubleTree by Hilton Ontario Airport, Ontario
Residence Inn by Marriott Ontario Airport, Ontario
Proposed Dual-Branded Homewood Suites by Hilton and Hampton by Hilton Ontario, Ontario
Proposed Element by Westin, Ontario
Homewood Suites by Hilton Oxnard, Oxnard
Proposed Tru Oxnard, Oxnard
JW Marriott Desert Springs Resort, Palm Desert
Ivy Palm Resort & Spa, Palm Springs
Margaritaville Resort Palm Springs, Palm Springs
Saguaro Palm Springs, Palm Springs
Element Palmdale, Palmdale
Staybridge Suites Palmdale, Palmdale
dusitD2 Hotel Constance Pasadena, Pasadena
Proposed AC Hotel by Marriott Pasadena, Pasadena
Cliffs Resort, Pismo Beach
Proposed SpringHill Suites by Marriott, Placentia
Proposed Hotel Placerville, Placerville
Residence Inn by Marriott Pleasant Hill Concord, Pleasant Hill
Hilton Garden Inn Ontario Rancho Cucamonga, Rancho Cucamonga
Proposed Sanctity Hotel, Rancho Cucamonga
Ritz-Carlton Rancho Mirage, Rancho Mirage
Proposed Tierra Oaks Resort, Redding
Proposed Hotel, Rocklin
Courtyard by Marriott Galleria Mall Roseville, Roseville
Courtyard by Marriott Roseville, Roseville
Fairfield by Marriott Roseville, Roseville
Homewood Suites by Hilton Sacramento Roseville, Roseville
Residence Inn by Marriott Roseville, Roseville
Proposed Hotel, Sacramento
Crowne Plaza San Diego Mission Valley, San Diego
Fairmont Grand Del Mar, San Diego
Hilton Garden Inn San Diego Mission Valley Stadium, San Diego
InterContinental San Diego, San Diego
Pendry Hotel San Diego, San Diego
Proposed Fairfield Inn, San Diego
Proposed Hotel UTC, San Diego
Rancho Bernardo Inn, San Diego
Town and Country Resort San Diego, San Diego
Sheraton San Diego Hotel & Marina, San Diego
Proposed Fairfield Inn & Suites San Dimas, San Dimas
Proposed Fairfield Inn & Suites by Marriott South San Francisco, South San Francisco
Mark Twain Hotel, San Francisco
Westin Saint Francis San Francisco on Union Square, San Francisco
Holiday Inn Express San Jose Central City, San Jose
Proposed Holiday Inn Express, San Jose
Proposed Wingate, San Jose
DoubleTree by Hilton Hotel Santa Ana Orange County Airport, Santa Ana
Proposed Home2 Hampton Inn, Santa Clara
Proposed Hampton by Hilton, Santa Cruz
Loews Santa Monica Beach, Santa Monica
Sea Blue Hotel, Santa Monica
Proposed Hotel, Santa Rosa
Best Western Sonoma Valley Inn, Sonoma
Proposed Tribute Portfolio Hotel, Sonoma
Verano Hotel Site, Sonoma
Proposed Hampton Inn & Suites, Sunnyvale
Home2 Suites by Hilton Victorville, Victorville
Proposed Avid Hotel Victorville, Victorville
Hyatt Place San Diego Vista Carlsbad, Vista
Andaz West Hollywood, West Hollywood
Proposed Fairfield Inn & Suites by Marriott, Winter
 
FLORIDA
Days Inn Historic District, Pensacola
 
GEORGIA
Georgia Tech Hotel & Conference Center, Atlanta
 
HAWAII
Hyatt Centric Waikiki Beach, Honolulu
 
IDAHO
Fairfield Inn by Marriott, Boise
Hampton Inn Boise Airport, Boise
Holiday Inn Boise Airport, Boise
Howard Johnson, Boise
La Quinta Inn & Suites Boise Airport, Boise
Hampton Inn & Suites, Coeur d’Alene
La Quinta Inn & Suites, Coeur d’Alene
Super 8, Coeur d'Alene
Cedars Inn & Suites, Lewiston
Best Western, Meridian
 
KANSAS
Holiday Inn Express Hotel & Suites Wichita Northwest Maize K-96, Maize
Hyatt Place, Topeka
 
KENTUCKY
Quality Inn, Lexington
 
MARYLAND
Proposed Homewood Suites by Hilton, Ocean City
Harbourtown Resort, St. Michaels
 
MICHIGAN
Americas Best Value Inn, Flint
 
MISSISSIPPI
Holiday Inn, Batesville
Wingate by Wyndham, D’Iberville
Days Inn, Pearl
 
MISSOURI
Value Place, Arnold
Value Place, Kansas City
Holiday Inn, Poplar Bluff
Value Place, Springfield
 
NEBRASKA
Hyatt Place Omaha Downtown Old Market, Omaha
 
NEVADA
Proposed Delta Las Vegas, Las Vegas
Vegas Vacant Land, Spring Valley
Santa Fe Inn, Winnemucca
Val-U Motel, Winnemucca
 
NEW YORK
Comfort Inn Midtown West, New York
 
NORTH CAROLINA
Marriott, Greensboro
 
OHIO
Americas Best Value Inn, Huber Heights
Comfort Inn, Huber Heights
Hampton Inn, Tiffin
 
OKLAHOMA
Holiday Inn Express, Perry
Residence Inn by Marriott, Stillwater
DoubleTree by Hilton Tulsa Downtown, Tulsa
 
OREGON
Courtyard by Marriott Portland Beaverton, Beaverton
Proposed AC by Marriott, Beaverton
Proposed Element, Beaverton
Hampton Inn & Suites, Bend
Hilton Garden Inn, Bend
Proposed Autograph Collection Hotel, Bend
Proposed Embassy Suites, Bend
Proposed Home2 Suites Bend
Proposed Hyatt House, Bend
Courtyard by Marriott, Clackamas
Comfort Suites, Eugene
Valley River Inn, Eugene
Embassy Suites Portland Hillsboro, Hillsboro
Hampton Inn & Suites Portland Hillsboro Evergreen Park, Hillsboro
Proposed Staybridge Suites, Hillsboro
Staybridge Suites Hillsboro North, Hillsboro
Best Western Plus Rama Inn & Suites, LaGrande
Shilo Inn, Newport
Aloft Portland Airport at Cascade Station, Portland
Canopy by Hilton Portland Pearl District, Portland
Country Inn & Suites PDX, Portland
Dossier Hotel, Portland
Hilton Portland and Executive Towers, Portland
Porter Hotel, Portland
Proposed AC Hotel Cascade Station, Portland
Proposed Hilton-Branded Hotel, Portland
Proposed Hotel Chamberlain, Portland
Proposed Hotel Cornelius, Portland
Proposed Hyatt-Branded Hotel, Portland
Proposed Proper Hotel Pearl District Portland, Portland
River’s Edge Hotel & Spa, Portland
Sentinel Hotel, Portland
Sheraton Portland Airport, Portland
Shilo Inn Suites Hotel Portland Airport, Portland
Staybridge Suites, Portland
Proposed Hampton by Hilton, Redmond
Proposed Holiday Inn Express, Redmond
Proposed WoodSpring Suites, Redmond
Inn at Seaside, Seaside
River Inn at Seaside, Seaside
Shilo Inn Oceanfront Seaside, Seaside
Shilo Inn Seaside East, Seaside
Shilo Inn Warrenton Astoria, Warrenton
 
PENNSYLVANIA
Comfort Inn, Pine Grove
 
TEXAS
Proposed Tru by Hilton Plano, Richardson
Candlewood Suites, Texarkana
 
UTAH
Park Inn by Radisson Salt Lake City, Midvale
 
VIRGINIA
Hyatt Place Richmond Chester, Chester
Great Wolf Lodge, Williamsburg
 
WASHINGTON
Proposed Boutique Hotel, Allyn
Fairfield Inn & Suites by Marriott Seattle Bellevue Redmond, Bellevue
Proposed Upscale Hotel, Bellevue
Candlewood Suites, Camas
Proposed Holiday Inn Express, Camas
Fairground Inn, Monroe
Travel Inn, Moses Lake
Belmont Hotel, Port Townsend
Proposed Hilton Garden Inn, Redmond
Proposed Lodge at Columbia Point, Richland
Comfort Inn & Suites, Seattle
Home2 Suites Seattle Airport, Seattle
MarQueen Hotel, Seattle
Mayflower Park Hotel, Seattle
Proposed Full-Service Hotel, Seattle
Proposed Hotel, Shelton
Proposed JM Hotel, Seattle
Proposed Metropole Hotel, Seattle
Proposed Limited-Service Hotel, Silverdale
Proposed Marriott Hotel Tacoma Convention Center, Tacoma
Courtyard by Marriott Seattle Southcenter, Tukwila
Home2 Suites by Hilton Seattle Airport, Tukwila
Candlewood Suites Vancouver-Camas, Vancouver
Days Inn & Suites, Vancouver
Homewood Suites by Hilton, Vancouver
Proposed Hotel, Vancouver
Proposed Indigo Hotel and Condominium Development, Vancouver
Residence Inn by Marriott Portland North, Vancouver

My Articles

The Magic Returns to the “Happiest Place on Earth”: Recent Trends and Outlook for the Anaheim-Santa Ana Lodging Market

Despite a demand surge after the reopening of Disneyland, hotel demand in Anaheim-Santa Ana lagged in 2021 due to a muted convention calendar, staffing shortages, and limited Disneyland ticket availability. ADR illustrated strong growth in 2021 and 2022, with further growth expected in 2023 given Disney’s centennial celebrations. Development projects herald a bright future for the area, supported by record transactions and the construction or rebranding of upscale and luxury hotel properties.
  • January 30, 2023 By Eileen L. Bosworth , Kirsten Z. Smiley
  • Hotel Operations , Development & Construction , Travel & Tourism , Economic Trends and Cycles , COVID-19 , Anaheim , California , United States , North America , Santa Ana

Impact of COVID-19 on the Coachella Valley Lodging Market & Outlook

The Coachella Valley is known for its signature events, including the Coachella Valley Music & Arts Festival. With major events canceled in 2020, how did the market perform? What’s the road for recovery?
  • January 12, 2021 By Kirsten Z. Smiley
  • Hotel Operations , Development & Construction , Travel & Tourism , Economic Trends and Cycles , COVID-19 , Coachella , California , United States , North America , Palm Desert , La Quinta , Indian Wells , Rancho Mirage , Palm Springs , Indio , Cathedral City , Desert Hot Springs

HVS Market Pulse: Fresno, CA

From Sacramento to Bakersfield, Central California is known as the “Food Basket of the World.” As the most populated city in the in the Central Valley, Fresno is the epicenter of California’s agriculture industry and the commercial, financial, and cultural hub of the region.
  • May 16, 2019 By Kirsten Z. Smiley
  • Development & Construction , Valuations & Market Studies , Travel & Tourism , Economic Trends and Cycles , Fresno , California , United States , North America

Chinese Investment Trends in U.S. Hotel Real Estate

Investment out of mainland China in U.S. hotel real estate has been on the rise for years. What’s driving the trend, and how has it affected hotel markets in the U.S.?
  • August 15, 2016 By Kirsten Z. Smiley
  • Hotel Investments & Ownership , Development & Construction , Valuations & Market Studies , Economic Trends and Cycles , United States , North America

Client Services

  • Brand & Management Selection and Contract Negotiations
  • Testimony & Litigation Support Services
  • Appraisals & Valuations
  • Asset Management
  • Brokerage & Advisory
  • Convention, Sports & Entertainment Facilities
  • Executive Search
  • Feasibility Studies
  • Financing
  • Hotel Management
  • Interior Design Services

Publications & Events

  • Market Reviews
  • Industry Insights
  • In-Depth Hospitality Research
  • Conferences/Seminars
  • Subscribe to Newsletter

Careers

  • Join HVS

Connect with Us

  • Contact Us
  • Find Personnel
  • Subscribe To Newsletter
  • Offices
  • News Room
  • News RSS Feed
  • Twitter
  • LinkedIn
Copyrights © 2023 All Rights Reserved by HVS
Terms of Use / Privacy Policy