Brett E. Russell

Consulting Experience

As a Managing Director with HVS Denver, Brett’s 15-year career in hospitality spans hotel operations, management, and development. He has overseen or conducted more than 500 assignments, spanning appraisals, market studies, and feasibility studies for boutique and branded hotels, lodges, and resorts throughout the Americas and primarily focusing on proposed full-service hotels and resorts. Brett works to match a client’s scope of perspective on a hotel project from its initial stages, asking investigative questions in the field; reviewing project proposals, plans, and performance metrics; evaluating proposed development sites; and analyzing data from comparable hotel sales and competitive properties. Brett’s mixed-use experience includes the Doral Golf Resort and Spa in Miami; the PGA National Golf Resort in Palm Springs, Florida; the Mammoth Ski Resort in Mammoth Lakes, California; the Steamboat Springs Ski Resort in Steamboat Springs, Colorado; and several properties in Aspen, Colorado. Brett has also been involved with the redevelopment of historic buildings in Albuquerque, Denver, and Buffalo, as well as hotel transactions in top resort markets in the U.S. and Caribbean. Brett graduated from the University of Mount Union in Alliance, Ohio. He is a certified general appraiser in Colorado and surrounding states.

Testimonials

"HVS was hired by our client to perform an appraisal for an ad valorem litigation case. Brett's knowledge of the hotel industry and its participants was beyond comparison. Cross-examination by an attorney can be very stressful and test the most seasoned appraiser's poise; Brett's self-assurance in his experience and core knowledge of the hotel market was clearly evidenced in his appraisal and conviction under examination." – Ms. Jaramillo, Sterling Property Tax Specialists

"HVS is extremely detail-oriented and thorough in their valuation assignments." – Sebastian Vail, Duff & Phelps

"HVS has done a number of projects for us, and we have been totally satisfied with the quality and professionalism of their work. I think the best compliment we can pay them is that we have retained them for a number of projects due to the quality and usefulness of the final product! We would certainly recommend their services to others needing this level of expertise and insight." – Gary Corbett, Fair Oak Farms

"While a market feasibility study can be thought of as an expensive soft cost that may not be needed, we have found the opposite and get them performed ASAP after we have made a decision to take a deep-dive look into a potential new construction site. With that, HVS really helps us make timely, informed decisions with prompt report turnaround that either justifies our direction or forces us to take a second look, saving us time, resources and opportunities." – Todd Torvinen, EVP ZMC Hotels, LLC

"Brett Russell has a great deal of industry and market knowledge and was able to bring a fresh perspective to our project. He provided insightful information in a timely manner that allowed us to validate a number of our assumptions while challenging others." – Tommy Nigro, Stonebridge Companies

"HVS has provided very useful information on many of our projects for the past four years, whether it's purchasing or construction of new hotel. The details and analysis in the report are remarkably important for making decisions." – Mr. Vaghela, JVD Enterprises

Education

University of Mount Union
Bachelor of Science – Business and Information Systems (1997)

Certified General Appraiser Classes Completed:
NCRE-200 Registered Appraiser
NCRE-202 Standards and Ethics
NCRE-204 Basic Appraisal Application
NCRE-304 Complex Appraisal Application
NCRE-209 Small Residential Income
NCRE-211 Certified Residential
NCRE-215 Appraisal Principles and Advanced Applications
NCRE-310 Basic Income Capitalization
General Market Analysis and HBU – 30 hours
Report Writing – 40 hours
Advanced Income Capitalization – 40 hours
Fundamentals of Separating Real, Personal Property, and Intangible Business Assets – 15 hours
Small Hotel/Motel Valuation – 7 hours
Condominiums, Co-ops, and PUDs – 7 hours
Mandatory New Mexico Class – 4 hours
Introduction to Legal Descriptions – 2 hours
Real Estate Finance Statistics and Valuation Modeling – 15 hours
Comparative Analysis – 7 hours
Forecasting Revenue – 7 hours
NC Trainee Supervisor Class – 4 hours
Advanced Market Analysis & HBU – 35 hours
Basic Hotel Appraising – 7 hours
Advanced Concepts – 40 hours
Advanced Hotel Appraising – 7 hours
Land and Site Valuation – 7 hours
Quantitative Analysis – 35 hours
Biennial USPAP Updates

Employment History

March 2001 - Present HVS CONSULTING AND VALUATION SERVICES
Boulder, Colorado

1999 - 2001 EVOKE COMMUNICATIONS
Louisville, Colorado

1997 - 1999 THARALDSON PROPERTY MANAGEMENT
Canton, Ohio & Westminster, Colorado

State Certification

California
Colorado
New Mexico
Utah

Hotels Evaluated

Sample List for Illustrative Purposes

ALABAMA
Holiday Inn Airport, Birmingham
Courtyard by Marriott, Gulf Shores
Best Western Plus Madison Huntsville, Madison
 
ALASKA
Proposed Embassy Suites, Anchorage
Sheraton Hotel, Anchorage
 
ARIZONA
Proposed Hotel and Golf Course Community, Bullhead City
Proposed Hotel, Camp Verde
Carefree Resort, Carefree
Hampton Inn, Chandler
Homewood Suites, Chandler
Proposed Hilton, Chandler
Proposed Residence Inn by Marriott, Chandler
Proposed TownePlace Suites by Marriott, Chandler
Courtyard by Marriott, Flagstaff
Embassy Suites, Flagstaff
Hampton Inn, Lake Havasu City
Proposed Select-Service Hotel, Lake Havasu
Arizona Golf Resort, Mesa
Sleep Inn, Mesa
Proposed Hampton Inn & Suites, Page
Proposed Wingate Inn, Page
Best Western, Phoenix
Embassy Suites Airport, Phoenix
Proposed Hyatt Place Downtown Phoenix, Phoenix
Proposed La Quinta Inn & Suites McDowell Road, Phoenix
Renaissance Phoenix Downtown, Phoenix
Residence Inn by Marriott Phoenix Desert View at Mayo Clinic, Phoenix
Royal Palms Resort and Spa, Phoenix
Sheraton Phoenix Downtown, Phoenix
Proposed Limited-Service Hotel Prescott Valley, Prescott Valley
Hampton Inn Shea, Scottsdale
Proposed Ceasars Hotel at Scottsdale Fashion Square, Scottsdale
Proposed Hyatt House, Scottsdale
Talking Stick Resort, Scottsdale
Hampton Inn, Sedona
Comfort Suites Airport, Tempe
Four Points Tempe, Tempe
Marriott Buttes, Tempe
Embassy Suites Airport, Tucson
Hampton Inn Tucson North, Tucson
Westin La Paloma Resort & Spa, Tucson
Grand Canyon Railway Hotel and Resort, Williams
 
ARKANSAS
Comfort Inn & Suites, Fayetteville
La Quinta Inns & Suites, Fayetteville
Courtyard by Marriott, Hot Springs
Hilton Garden Inn, Little Rock
Proposed Hotel, Hot Springs Village
Proposed Marriott, Little Rock
La Quinta Inn & Suites, Russellville
 
CALIFORNIA
Anaheim Marriott, Anaheim
Anaheim Sheraton, Anaheim
Portofino Inn and Suites, Anaheim
Embassy Suites, Arcadia
Proposed Dual-Branded Marriott, Barstow
La Quinta Inn Berkeley, Berkeley
SLS Hotel, Beverly Hills
Embassy Suites, Brea
Proposed Hilton Garden Inn, Burbank
Courtyard by Marriott, Chico
Residence Inn by Marriott, Chico
Proposed Dual-Brand AC Hotel & Residence Inn by Marriott, Fremont
Holiday Inn Fresno Airport, Fresno
Proposed Residence Inn by Marriott, Garden Grove
Homewood Suites, Garden Grove
Hampton Inn, Garden Grove
Hilton Garden Inn, Garden Grove
Home2 Suites by Hilton Hanford Lemoore, Hanford
Proposed Dual-Branded Hotel, Hawthorne
Proposed Seacoast Inn, Imperial Beach
Proposed Hyatt Place, Indio
Proposed Residence Inn by Marriott, Indio
Proposed Westin, Indio
Proposed Lakeport Hotel, Lakeport
Holiday Inn San Diego La Mesa, La Mesa
Proposed Select-Service Hotel, Livermore
Embassy Suites, Lompoc
Courtyard by Marriott, Long Beach
Proposed Hampton Inn & Suites Koreatown, Los Angeles
Wilshire Plaza Hotel, Los Angeles
Developable Land, Mammoth Lakes
Proposed Field & Stream Hotel, Mammoth Lakes
Proposed Residence Inn by Marriott, Mammoth Lakes
Shilo Inn, Mammoth Lakes
Courtyard, Modesto
Best Western Ivy, Napa
Proposed SpringHill Suites, Ontario
Homewood Suites, Palm Desert
Proposed Autograph Hotel, Palm Desert
Residence Inn by Marriott, Palm Desert
Courtyard by Marriott, Palm Desert
Proposed Hampton Inn & Suites, Rancho Cucamonga
Proposed Hilton Garden Inn, Redondo Beach
Proposed Homewood Suites, Redondo Beach
Proposed Hyatt Place, Redondo Beach
Proposed Residence Inn, Redondo Beach
Proposed Hilton Garden Inn, Sacramento
Proposed Select-Service Hotel, Sacramento
Residence Inn by Marriott, Sacramento
Comfort Inn & Suites, San Diego
DoubleTree by Hilton San Diego Del Mar, San Diego
DoubleTree Club Hotel, San Diego
Hilton Harbor Island, San Diego
Holiday Inn Express & Suites San Diego Mission Valley, San Diego
Proposed Limited-Service Hotel, San Diego
Proposed Residence Inn by Marriott, San Diego
Proposed SpringHill Suites by Marriott, San Diego
Radisson Mission Valley, San Diego
SpringHill Suites by Marriott San Diego Mission Valley, San Diego
Towne & County Resort & Conference Center, San Diego
Americania Hotel, San Francisco
Best Western Carriage Inn, San Francisco
Good Hotel, San Francisco
Holiday Inn Airport, San Francisco
Hotel Vertigo, San Francisco
Proposed Hilton Garden Inn Downtown San Francisco, San Francisco
Proposed Hotel, San Francisco
Proposed Sheraton Hotel, San Gabriel
Embassy Suites, San Luis Obispo
Proposed AC Hotel by Marriott, San Rafael
Embassy Suites Santa Ana Orange County Airport North, Santa Ana
El Capitan Canyon, Santa Barbara
Unknown Proposed Hotel, Santa Clara
Courtyard, Santa Rosa
Embassy Suites, Temecula
Residence Inn by Marriott, Torrance
Marriott, Walnut Creek
Proposed Hampton Inn, Walnut Creek
Proposed Home2 Suites by Hilton, Walnut Creek
Proposed Hyatt Place, Walnut Creek
Proposed City Hotel, West Sacramento
Courtyard, Vacaville
 
COLORADO
Hotel Aspen, Aspen
Proposed Aspen Club & Spa, Aspen
Proposed Boomerang Hotel, Aspen
Sky Hotel, Aspen
Cannabis Ranch Hotel, Aurora
Marriott DIA Gateway Park, Aurora
Proposed Hyatt Place, Aurora
Proposed Residence Inn Aurora, Aurora
Proposed Upper-Midscale Extended-Stay Hotel The Medical Center of Aurora, Aurora
Ritz-Carlton Bachelor Gulch, Avon
Element Basalt Aspen, Basalt
Proposed Element Hotel, Basalt
Alps Boulder Canyon Inn, Boulder
Courtyard by Marriott, Boulder
Park Hyatt Beaver Creek Resort, Beaver Creek
Proposed Hotel North Boulder, Boulder
Proposed Hotel Pearl Street, Boulder
Proposed Hotel, Boulder
Proposed Mockingbird Hotel, Boulder
Proposed Residence Inn by Marriott, Boulder
Proposed St. Julian Expansion, Boulder
Residence Inn by Marriott Boulder Canyon Boulevard, Boulder
Residence Inn by Marriott Boulder, Boulder
Grand Colorado on Peak 8, Breckenridge
Proposed Hotel, Breckenridge
Proposed Hotel and Conference Center Breckenridge
Proposed Limited-Service Hotel, Breckenridge
Proposed Residence Inn by Marriott, Breckenridge
Peak 8 Condominium Hotel, Breckenridge
Village Hotel, Breckenridge
Proposed Hotel Brighton, Brighton
Aloft Arista, Broomfield
Proposed Fairfield Inn by Marriott, Broomfield
Proposed Flatiron Crossing Mall Hotel, Broomfield
Proposed Residence Inn by Marriott Palisade Park, Broomfield
Proposed Full-Service Hotel Millers Landing, Castle Rock
Academy Hotel, Colorado Springs
Best Western Academy, Colorado Springs
Best Western Executive Inn & Suites Colorado Springs, Colorado Springs
Best Western Plus Peak Vista Inn & Suites, Colorado Springs
Cheyenne Mountain Resort, Colorado Springs
Courtyard by Marriott, Colorado Springs
Hilton Garden Inn, Colorado Springs
Hyatt House Colorado Springs, Colorado Springs
Lodge at Flying Horse, Colorado Springs
Motel 6, Colorado Springs
Proposed Complex (full-service hotel, two limited-service hotels and conference center), Colorado Springs
Proposed Hilton Air Force Academy, Colorado Springs
Proposed Hilton Garden Inn Colorado Springs Downtown, Colorado Springs
Proposed Hilton Garden Inn, Colorado Springs
Proposed Holiday Inn Express & Suites, Colorado Springs
Proposed Home2 Suites by Hilton Air Force Academy, Colorado Springs
Proposed Home2 Suites Colorado Springs Central, Colorado Springs
Proposed Hotel at Flying Horse North, Colorado Springs
Proposed Limited-Service Hotel, Colorado Springs
Proposed Renaissance, Colorado Springs
Proposed Select-Service Hotel, Colorado Springs
Radisson Hotel, Colorado Springs
Residence Inn by Marriott, Colorado Springs
Wyndham Hotel, Colorado Springs
Proposed Irwin Mountain Lodge, Crested Butte
Proposed Hotel at Wildwood Casino, Cripple Creek
Courtyard by Marriott Denver Tech Center, Denver
Crawford Hotel, Denver
Renaissance Denver, Denver
DoubleTree DTC, Denver
Hampton Inn DIA, Denver
Hyatt House Denver Airport, Denver
Hyatt Regency Denver Colorado Convention Center, Denver
Kimpton Hotel Denver Tech Center, Denver
Proposed AC by Marriott Denver Design Center, Denver
Proposed Best Western Plus Gateway Park, Denver
Proposed Boutique Hotel - Sloan Lake, Denver
Proposed Cherry Creek Hotel, Denver
Proposed Convention Hotel, Denver
Proposed Element DIA, Denver
Proposed Element Hotel, Denver
Proposed Four Points Gateway Park, Denver
Proposed Hilton Garden Inn, Denver
Proposed Hotel Emily Griffith, Denver
Proposed Hotel Indigo, Denver
Proposed Hyatt Place DIA, Denver
Proposed Limited-Service Hotel, Denver
Proposed Union Station Hotel, Denver
Proposed Woolley’s Classic Suites, Denver
Traveler Inn, Denver
Woolley’s Classic Suites, Denver
Proposed AC by Marriott, Durango
Proposed Hotel Glacier Club, Durango
SilverLeaf Suites, Eagle
Proposed Condo Hotel, Edwards
Proposed TownePlace Suites DTC, Englewood
Courtyard by Marriott, Fort Collins
Homewood Suites, Fort Collins
Marriott, Fort Collins
Proposed Autograph Hotel, Fort Collins
Residence Inn by Marriott, Fort Collins
Hilton Garden Inn, Glendale
Courtyard by Marriott, Glenwood Springs
Hampton Inn, Glenwood Springs
Holiday Inn Express, Glenwood Springs
Hotel Denver, Glenwood Springs
Hotel Glenwood Springs, Glenwood Springs
Proposed Courtyard by Marriott, Glenwood Springs
Proposed Residence Inn by Marriott, Glenwood Springs
Residence Inn by Marriott, Glenwood Springs
Ritz Carlton Bachelor Gulch
The Golden Hotel, Golden
Proposed Golf and Fishing Resort, Granby
Adam's Mark, Grand Junction Comfort Inn, Grand Junction
DoubleTree, Grand Junction
Motel 6, Grand Junction
Proposed Courtyard by Marriott, Grand Junction
Proposed Hampton Inn and Suites, Grand Junction
Proposed Residence Inn by Marriott, Grand Junction
Proposed SpringHill Suites, Grand Junction
DoubleTree, Greenwood Village
Proposed Hotel, Hayden
Proposed Courtyard by Marriott, Highlands Ranch
Hampton Inn, Lakewood
Holiday Inn, Lakewood
Homewood Suites by Hilton Denver West Lakewood, Lakewood
Hyatt House Denver Lakewood at Belmar, Lakewood
Sheraton Denver West, Lakewood
Proposed Hotel & Water Park, Leadville
Proposed Water Park Resort, Leadville
Proposed Courtyard by Marriott Highlands Ranch, Littleton
Proposed TownePlace Suites by Marriott, Lone Tree
Proposed Home2 Suites by Hilton, Longmont
Embassy Suites, Loveland
Hampton Inn, Loveland
Proposed Downtown Loveland Hotel, Loveland
Holiday Inn Express, Montrose
Proposed Hotel, Northglenn
Proposed SpringHill Suites by Marriott, Parker
Motel 6, Pueblo
Proposed Hampton Inn & Suites, Silverthorne
Proposed TownePlace Suites, Silverthorne
Fairfield Inn by Marriott, Steamboat Springs
Sheraton, Steamboat Springs
Proposed Holiday Inn Express, Sterling
Proposed Hilton Garden Inn, Superior
Proposed Hotel, Superior
Hotel Madeline, Telluride
The Peaks Resort and Spa, Telluride
Proposed Hotel, Telluride
Proposed Hotel Ajax, Telluride
Four Seasons Resort Vail, Vail
Hotel Talisa Vail a Luxury Collection Resort, Vail
Lodge At Vail, Vail
Sebastian Vail, Vail
Proposed SpringHill Suites by Marriott, Westminster
Residence Inn, Westminster
Proposed Upscale Select-Service Hotel Winter Park, Winter Park
Winter Park Mountain Lodge, Winter Park
Proposed Wolcott Inn, Wolcott
Proposed Limited-Service Hotel, Woodland Park
Proposed Select-Service Hotel, Woodland Park
 
CONNECTICUT
Proposed Homewood Suites, Glastonbury
 
DELAWARE
Proposed Staybridge Suites, Wilmington
 
DISTRICT OF COLUMBIA
Hyatt Place E-Street
Proposed Hyatt Place
Proposed InterContinental Hotel
Proposed Residence Inn Navy Yards
 
FLORIDA
Proposed Four Seasons, Celebration
Proposed Hotel, Celebration
Proposed Westin, Celebration
Hampton Inn Clearwater Central, Clearwater
Hyatt Regency, Coral Gables
Proposed AC Hotel by Marriott, Dadeland
The Beachside Hotel, Daytona Beach
Boardwalk Inn and Suites, Daytona Beach
Proposed Westin, Daytona Beach
Palms Plaza Hotel, Daytona Beach
Westin, Daytona Beach
Hampton Inn & Suites Destin-Sandestin, Destin
Doral Golf Resort & Spa, Doral
La Quinta Inn & Suites, Fort Lauderdale
Proposed Broward County Convention Center Hotel, Fort Lauderdale
Proposed Hotel, Fort Lauderdale
Saint Hotel, Key West
Hampton Inn & Suites, Largo
Holiday Inn Express Hotel & Suites, Largo
Hilton Omni Center, Miami
Proposed Aloft South Beach, Miami
Proposed Hotel, Miami
Proposed Reverb Miami, Miami
SLS Hotel South Beach, Miami
The Raleigh Hotel, Miami Beach
Proposed TownePlace Suites by Marriott, Naples
Embassy Suites Lake Buena Vista, Orlando
Hyatt Regency Grand Cypress, Orlando
JW Marriott Grande Lakes, Orlando
Proposed Hyatt Summerfield Suites, Orlando
Proposed Fairmont Resort, Orlando
Residence Inn by Marriott, Orlando
Ritz-Carlton Grande Lakes and Golf Course, Orlando
The Villas at Grand Cypress and Golf Course, Orlando
Ocean Hammock Resort and Golf Club, Palm Island
PGA National Golf Course and Resort, Palm Springs Garden
Proposed Resort, St. Augustine
Proposed Westin Resort, St. Augustine
Proposed Hotel, Sebring
Hampton Inn, Stuart
DoubleTree by Hilton Sunrise Sawgrass Mills, Sunrise
Embassy Suites Expansion, Tampa
Proposed element hotel, Tampa
Crowne Plaza, West Palm Beach
La Quinta Inn & Suites, West Palm Beach
 
GEORGIA
Embassy Suites, Alpharetta
Fairfield Inn & Suites Suwanee, Atlanta
Hampton Inn Buckhead, Atlanta
Proposed Upscale Boutique Phipps Plaza, Atlanta
Residence Inn by Marriott Atlanta Buckhead, Atlanta
SpringHill Suites Buckhead, Atlanta
Twelve Hotel & Residences Atlantic Station, Atlanta
Twelve Hotel Centennial Park, Atlanta
Holiday Inn, Augusta
Holiday Inn Express, Augusta
Days Inn, Columbus
Country Inn & Suites, Conyers
Fairfield Inn by Marriott, Cordele
Holiday Inn Express, Cordele
Holiday Inn Express, Forsyth
Holiday Inn, Jekyll Island
SpringHill Suites, Lithia Springs
Proposed Convention Center Hotel, Macon
Fairfield Inn by Marriott, Milledgeville
Hampton Inn, Milledgeville
Home2 Suites by Hilton Atlanta Norcross, Norcross
Wyndham Peachtree Conference Center, Peachtree City
Red Roof Inn Savannah Airport – Pooler, Pooler
Hampton Inn & Suites, Rome
Red Roof Inn & Suites, Savannah
Savannah Suites, Savannah
Ocean Plaza Beach Resort Expansion, Tybee Island
Fairfield Inn by Marriott, Warner Robbins
 
HAWAII
DoubleTree Naniloa Hotel, Hilo
Ritz-Carlton, Kapalua
 
IDAHO
Cambria Suites, Boise
Courtyard by Marriott Boise West, Boise
Holiday Inn, Boise
Holiday Inn Express, Boise
Proposed Courtyard by Marriott, Boise
Proposed Holiday Inn Express, Boise
Proposed Economy Extended-Stay, Coeur d'Alene
Proposed Residence Inn by Marriott, Coeur d'Alene
 
ILLINOIS
Comfort Suites Michigan Avenue, Chicago
Crowne Plaza Avenue Hotel, Chicago
Lenox Suites, Chicago
Proposed Canopy by Hilton, Chicago
Proposed Hyatt House Chicago, Chicago
Proposed James Hotel, Chicago
Radisson Hotel and Suites, Chicago
Sheraton Suites, Elk Grove
Proposed Hyatt Place Lake Forest, Lake Forest
Hampton Inn, Normal
Crowne Plaza Conversion, Schaumburg
Proposed Hyatt Place Midtown, Chicago
 
INDIANA
Best Western Plus Crawfordsville Hotel, Crawfordsville
Proposed Hampton Inn & Suites Crown Point, Crown Point
Proposed Hotel, Crown Point
Holiday Inn, Evansville
Proposed Best Western Premier, Fair Oaks
Proposed Fairfield Inn by Marriott, Fair Oaks
Proposed Hampton Inn, Fair Oaks
Proposed Hotel, Fishers
Homewood Suites by Hilton Indianapolis Downtown, Indianapolis
Proposed Courtyard by Marriott, Indianapolis
Proposed SpringHill Suites by Marriott, Indianapolis
Home2 Suites by Hilton Merrillville, Merrillville
Proposed SpringHill Suites by Marriott, Munster
Hometown Inn, Seymour
Proposed SpringHill Suites, Shelbyville
 
IOWA
Proposed Hotel Des Moines, Polk
 
KANSAS
Holiday Inn Express, Hays
Proposed TownePlace Suites by Marriott, Hays
Eldridge Hotel, Lawrence
Proposed Clinton Lake Hotel and Conference Center, Lawrence
Proposed Home2 Suites, Lawrence
Proposed Hotel, Lawrence
Fairfield Inn & Suites by Marriott, Leavenworth
Proposed City Hotel and Conference Center, Leavenworth
Proposed TownePlace Suites by Marriott, Leavenworth
Courtyard by Marriott, Overland Park
Hilton Garden Inn, Overland Park
DoubleTree by Hilton, Wichita
 
KENTUCKY
Courtyard by Marriott, Florence
Holiday Inn, Louisville
Marriott Hotel Downtown, Louisville
Springhill Suites by Marriott, Louisville
Residence Inn by Marriott Downtown, Louisville
Residence Inn by Marriott Northeast, Louisville
Courtyard by Marriott Northeast, Louisville
Courtyard by Marriott, Paducah Super 8, Prestonsburg
 
LOUISIANA
Fairfield Inn by Marriott, Baton Rouge
Radisson Hotel, Baton Rouge
SpringHill Suites by Marriott, Baton Rouge
TownePlace Suites by Marriott, Baton Rouge
Proposed Holiday Inn Express, Donaldsonville
Hampton Inn, Houma
Holiday Inn, Houma
Proposed Holiday Inn Express, Houma
Best Western Lake Charles, Lake Charles
Holiday Inn Express Hotel & Suites, LaPlace
TownePlace Suites by Marriott, LaPlace
Proposed Staybridge Suites, Lake Charles
Proposed TownePlace Suites by Marriott, LaPlace
DoubleTree, New Orleans
Hyatt Regency, New Orleans
InterContinental New Orleans, New Orleans
Proposed Country Inn & Suites, New Orleans
Proposed Hyatt House, New Orleans
Proposed Reverb New Orleans, New Orleans
Royal St. Charles Hotel, New Orleans
Saint Hotel Autograph Collection, New Orleans
Proposed SpringHill Suites by Marriott, Slidell
Proposed Extended Stay America Sulphur, Sulphur
Wingate Inn, Sulphur
 
MARYLAND
Hilton, Baltimore
Radisson Hotel at Cross Keys, Baltimore
Proposed Home2 Suites, Chelsea
Proposed Courtyard by Marriott, Germantown
Proposed Residence Inn, Germantown
Hunt Valley Inn, Hunt Valley
Proposed Cambria Suites, Ocean City
Proposed Homewood Suites by Hilton, Ocean City
Proposed Residence Inn by Marriott, Ocean City
Holiday Inn Downtown, Salisbury
 
MASSACHUSETTS
DoubleTree Bedford Glen, Bedford
Hotel Commonwealth, Boston
Proposed Hotel, Boston
Residence Inn by Marriott, Dedham
Wellbridge - Newton Athletic Club, Newton
Courtyard by Marriott, Revere
 
MICHIGAN
Candlewood Suites, Auburn Hills
Holiday Inn Express, Brighton
Proposed Home2 Suites, Byron Center
Comfort Suites Grand Rapids North, Comstock Park
The Henry Hotel, Dearborn
Hyatt Regency, Dearborn
Proposed Holiday Inn Express Downtown, Grand Rapids
Holiday Inn, Kalamazoo
Hilton Garden Inn, Novi
Wyndham Garden Towne Center, Novi
Candlewood Suites, Troy
 
MINNESOTA
Proposed Boutique Hotel Mall of America, Bloomington
Proposed Renaissance Mall of America, Bloomington
Proposed Hotel, Bloomington
Proposed Westin, Bloomington
Days Inn Duluth Lakewalk, Duluth
Proposed Fairfield Inn & Suites, Duluth
Hilton Garden Inn, Eden Prairie
The Grand Hotel, Minneapolis
Marriott City Center, Minneapolis
Proposed Hotels, Minneapolis
Proposed Hyatt Place, Minneapolis
Proposed Select-Service Hotel, Minneapolis
Holiday Inn Express, Minnetonka
Kahler Inn & Suites, Rochester
Marriott Mayo Clinic, Rochester
Residence Inn Mayo Clinic, Rochester
Proposed Hotel and Conference Center, St. Paul
 
MISSISSIPPI
Wingate by Wyndham, Biloxi
Hampton Inn, Canton
Comfort Inn, Hattiesburg
Proposed Hotel University of Mississippi Medical Center, Jackson
Ramada Inn, McComb
Holiday Inn Express Hotel & Suites, Natchez
Proposed Home2 Suites by Hilton, Oxford
Proposed Oxford Hotel, Oxford
Candlewood Suites, Pearl
Hampton Inn by Hilton, Richland
Proposed Holiday Inn, Starkville
Holiday Inn Express Hotel & Suites, Winona
 
MISSOURI
Branson Landing Hilton, Branson
Chateau on the Lake, Branson
Proposed Condominium Rental Units, Branson
Proposed Hilton Convention Center Hotel, Branson
Proposed Modified Full-Service Hotel, Branson
Proposed Boutique Hotel, Branson
Courtyard by Marriott, Creve Coeur
Hilton Kansas City Airport, Kansas City
Proposed Convention Hotel, Kansas City
Proposed Hotel, Kansas City
Proposed Hyatt Convention Headquarters, Kansas City
Proposed Hyatt Place Downtown Kansas City, Kansas City
Proposed Kansas City Convention Hotel, Kansas City
Proposed Marriott Marquis, Kansas City
County Club Hotel, Lake of the Ozarks
Courtyard by Marriot, St. Louis/Westport
 
MONTANA
Proposed Autograph by Marriott, Big Sky
Proposed Hotel, Big Sky
Holiday Inn, Billings
Residence Inn by Marriott, Bozeman
Proposed Limited-Service Hotel, Culbertson
Proposed Best Western Plus, East Glacier Park
Holiday Inn Express, Helena
Proposed Homewood Suites, Kalispell
Proposed Best Western, Sidney
Firebrand Hotel, Whitefish
 
NEBRASKA
Hilton Convention Center Hotel, Omaha
 
NEVADA
Proposed Hampton Inn, Fallon
Proposed Holiday Inn Express, Henderson
Proposed Candlewood Suites, Henderson
Embassy Suites, Las Vegas
Embassy Suites Airport, Las Vegas
Embassy Suites Convention Center, Las Vegas
Hampton Inn Tropicana, Las Vegas
Proposed Limited-Service Hotel, Las Vegas
Proposed Hotel & Casino, Las Vegas
Proposed Element, Las Vegas
Proposed Wyndham Garden Inn, Las Vegas
Proposed Residence Inn by Marriott, Las Vegas
SpringHill Suites, Las Vegas
Baymont Inn, Reno
Homewood Suites, Reno
Hyatt Place, Reno
Proposed Hotel, Reno
Proposed Hotel Terminal Way, Reno
Siena Hotel, Reno
Travelodge, Reno
 
NEW HAMPSHIRE
Proposed Arlington Hotel, Bethlehem
 
NEW JERSEY
Holiday Inn, Budd Lake
Proposed Natirar Hotel, Far Hills
Proposed Hyatt Place, Fort Lee
Candlewood Suites, Jersey City
Hampton Inn, Westampton
Proposed Cambria Suites, West Orange
 
NEW MEXICO
Proposed Home2 by Hilton Alamogordo, Alamogordo
Crossland Studios, Albuquerque
DoubleTree by Hilton, Albuquerque
Holiday Inn Albuquerque Airport, Albuquerque
Holiday Inn Express, Albuquerque
Hotel Parq Central, Albuquerque
Hyatt Albuquerque, Albuquerque
New Mexico Sports & Wellness Del Norte, Albuquerque
New Mexico Sports & Wellness Downtown, Albuquerque
New Mexico Sports & Wellness Highpoint, Albuquerque
New Mexico Sports & Wellness Midtown, Albuquerque
New Mexico Sports & Wellness Riverpoint, Albuquerque
Proposed Downtown Hotel, Albuquerque
Proposed Historic Hotel, Albuquerque
Proposed TownePlace Suites Albquerque, Albuquerque
Wyndham, Albuquerque
TownePlace Suites, Farmington
Hilton Garden Inn, Las Cruces
Hotel Encanto de Las Cruces, Las Cruces
Proposed La Quinta Inn, Los Lunas
Extended Stay America, Rio Rancho
Wellesley Inn and Suites, Rio Rancho
Proposed Hotel, Ruidoso
Proposed Resort, Santa Fe
El Monte Sagrado, Taos
Taos Inn, Taos
Hilton, Woodcliff Lake
 
NEW YORK
Extended Stay America, Amherst
Holiday Inn Express, Buffalo
Proposed Boutique Hotel Delaware Avenue, Buffalo
Proposed Hampton Inn, Buffalo
Proposed Hilton Garden Inn, Buffalo
Proposed LIVY Hotel Buffalo, Buffalo
Proposed Renaissance Statler, Buffalo
Proposed Sleep Inn, Buffalo
Proposed Hotel Woodbury Commons, Central Valley
Comfort Suites, Clifton Park
Proposed Hampton Inn, Dewitt
CrestHill Suites Syracuse, East Syracuse
Residence Inn by Marriott, Fishkill
Holiday Inn, Grand Island
Radisson Hotel JFK Airport, Jamaica
DoubleTree by Hilton, Jamestown
Holiday Inn, Jamestown
Proposed DoubleTree by Hilton, Jamestown
Comfort Inn – The Pointe, Niagara Falls
Four Points, Niagara Falls
Holiday Inn Select, Niagara Falls
Hotel Niagara, Niagara Falls
Proposed DoubleTree by Hilton, Niagara Falls
Proposed Hotel, Niagara Falls
Proposed Holiday Inn Express, Olean
Proposed Hotel, Oyster Bay
Proposed Boutique Hotel Lake Geneva, Penn Yan
Proposed Homewood Suites by Hilton, Scotia
Mirbeau Hotel and Spa, Skaneateles
Proposed Hampton Inn Armory Square, Syracuse
 
NORTH DAKOTA
Holiday Inn, Fargo
Holiday Inn Express, Fargo
Value Place, Watford City
 
NORTH CAROLINA
Fairfield Inn & Suites South Biltmore, Asheville
Renaissance, Asheville
Candlewood Suites, Cary
Candlewood Suites, Charlotte
DoubleTree Suites by Hilton Charlotte SouthPark, Charlotte
Proposed Marriott UNC-Charlotte, Charlotte
DoubleTree Raleigh Durham Airport at Research Triangle Park, Durham
Fairfield Inn & Suites Hendersonville Flat Rock, Flat Rock
Fairfield Inn by Marriott Asheville Airport, Fletcher
Candlewood Suites, Greensboro
Proposed TownePlace Suites by Marriott, Greensboro
Fairfield Inn by Marriott, Lumberton
Amerisuites, Morrisville
Wingate Inn, Raleigh
Proposed Fairfield Inn by Marriott, Rocky Mount
Wingate by Wyndham, Southport
 
OHIO
Extended Stay America, Brooklyn
Proposed Hotel, Canton
Holiday Inn Express Dayton Centerville, Centerville
Proposed Hampton Inn/Homewood Dual Brand, Cincinnati
Proposed Renaissance, Cincinnati
Best Western Cleveland Airport, Cleveland
Proposed Foundry A Dreams Hotel, Cleveland
Proposed Le Méridien, Cleveland
Hilton Columbus Downtown, Columbus
Proposed Home2 Suites by Hilton, Greene
Red Roof Inn, Grove City
Four Points Hotel, Independence
Hilton Cleveland South, Independence
Comfort Inn, Marysville
Clarion Hotel, Middleburg Heights
Comfort Inn Cleveland Airport, Middleburg Heights
StudioPlus Suites, Middleburg Heights
Homestead Suites, North Olmsted
StudioPlus Suites, North Olmsted
Extended Stay America, Orange
Homestead Suites, Orange Village
DoubleTree Guest Suites, Plymouth Meeting
Holiday Inn Select, Strongsville
StudioPlus Suites, Westlake
Ramada Limited, Willoughby
 
OKLAHOMA
Westin, Oklahoma City
Home2 Suites by Hilton Tulsa Hills, Tulsa
 
OREGON
Surf Sand Resort, Cannon Beach
Proposed Fairfield Inn & Suites Klamath Falls, Klamath Falls
Proposed Candlewood Suites, Medford
Best Western Agate Beach Inn, Newport
Proposed Hilton Garden Inn, Portland
Proposed Hotel Washington Square Mall, Tigard
The Resort at the Mountain, Welches
 
PENNSYLVANIA
Residence Inn by Marriott Philadelphia Valley Forge, Berwyn
Comfort Inn, Erie
Days Inn, Erie
Econo Lodge, Erie
Holiday Inn Express, Erie
Proposed Sheraton Convention Hotel, Erie
Residence Inn by Marriott, Erie
Splash Lagoon Water Park, Erie
Hilton, Harrisburg
Fairfield Inn & Suites by Marriott, Hazleton
Hampton Inn, Hazleton
Residence Inn by Marriott, Hazleton
Proposed Hotel – King of Prussia Mall, King of Prussia
Market Study, Langhorne
Hawthorne Suites, Philadelphia
Proposed TownePlace Suites, Washington
 
RHODE ISLAND
Residence Inn by Marriott, Warwick
 
SOUTH CAROLINA
Hampton Inn & Suites, Bluffton
Baymont Inn & Suites, Columbia
Motel 6 Columbia East, Columbia
Motel 6 Columbia West, Columbia
Motel 6 Charlotte Fort Mill, Fort Mill
Savannah Suites, Greenville
Westin Hilton Head Island Resort & Spa     Hilton, Head Island
Holiday Inn, Myrtle Beach
 
SOUTH DAKOTA
Best Western, Keystone
Motel 6, Rapid City
 
TENNESSEE
Hampton Inn, Cookeville
Holiday Inn Express & Suites, Cookeville
Proposed Tru by Hilton/Home2 by Hilton Cookeville, Cookeville
Aloft Cool Springs, Franklin
Holiday Inn Express, Germantown
Residence Inn by Marriott, Germantown
Fairfield Inn by Marriott, Germantown
Carnegie Hotel & Spa, Johnson City
Hampton Inn & Suites, Lebanon
Proposed Tru by Hilton/Home 2 by Hilton Lebanon, Lebanon
Proposed Aloft, Memphis
Proposed Hyatt Regency Memphis Convention Center, Memphis
Fairfield Inn & Suites by Marriott Murfreesboro, Murfreesboro
Holiday Inn Express Murfreesboro, Murfreesboro
Proposed SpringHill Suites by Marriott/TownePlace Suites by Marriott Murfreesboro, Murfreesboro
Hilton Garden Inn Nashville Airport, Nashville
Proposed Embassy Suites, Nashville
Proposed Fairmont Hotel & Residences Nashville, Nashville
Proposed Hard Rock Hotel Nashville, Nashville
Proposed Tru by Hilton Nashville Airport, Nashville
Proposed Westin Broadway, Nashville
Westin, Nashville
 
TEXAS
Holiday Inn Express Abilene Mall South, Abilene
La Quinta Inn, Abilene
Springhill Suites Amarillo West Medical Center, Amarillo
La Quinta Inn & Suites, Angleton
Proposed Springhill Suites Towneplace Suites South Arlington, Arlington
Home2 Suites by Hilton, Austin North/Near the Domain, Austin
Hyatt Place Austin Airport, Austin
Proposed Boutique Hotel Austin Live Oak, Austin
Radisson (Conversion to Line Hotel), Austin
Staybridge Suites Austin North Parmer Lane, Austin
Super 8 University, Austin
Hampton Inn Houston Baytown, Baytown
Courtyard by Marriott, Beaumont
Hampton Inn, Beaumont
Holiday Inn Beaumont Plaza, Beaumont
Proposed Spa Castle Texas, Carrollton
Proposed Hotel Texas A&M University, College Station
Holiday Inn Airport, Corpus Christi
Holiday Inn Downtown, Corpus Christi
Courtyard by Marriott Dallas Northwest, Dallas
Night Hotel, Dallas
Proposed Night Hotel (Holiday Inn Conversion), Dallas
Proposed Saint Elm Hotel, Dallas
Hampton Inn and Suites, El Paso
La Quinta Inn El Paso Cielo Vista, El Paso
Proposed Hotel, El Paso
Proposed City-Owned Hotel and Golf Course, El Paso
Hilton Garden Inn, Fort Worth
Holiday Inn Express, Fort Worth
La Quinta Inns & Suites Forest Hill, Fort Worth
Proposed Holiday Inn, Fort Worth
Proposed Homewood Suites by Hilton Fort Worth Airport, Fort Worth
SpringHill Suites by Marriott Fort Worth University, Fort Worth
Candlewood Suites, Fossil Creek
Holiday Inn Express & Suites, Grapevine
Proposed Champ d'Or Mansion, Hickory Creek
Marriott Horseshoe Bay Resort, Horseshoe Bay
DoubleTree Bush International Airport, Houston
Proposed Luxury Hotel Houston Galleria, Houston
Proposed Embassy Suites Irving, Irving
Residence Inn Dallas Las Colinas, Irving
Hilton Garden Inn, Killeen
Suburban Lodge, Leon Valley
DoubleTree by Hilton, McAllen
Renaissance, McAllen
Proposed Resort, Meeting Center, & Golf Course, McKinney
Proposed Limited-Service Hotel, McKinney
Courtyard by Marriott, Midland
Hampton Inn, Midland
Proposed Delta by Marriott Midland, Midland
Candlewood Suites, Monahans
Candlewood Suites, Odessa
La Quinta Inn, South Padre Island
Candlewood Suites, Plano
Holiday Inn Express, Rockport
Hilton San Antonio Airport, San Antonio
Quality Inn & Suites, San Antonio
Courtyard by Marriott, San Marcos
Proposed Residence Inn by Marriott, San Marcos
Baymont Inn & Suites, Snyder
La Copa Beach Hotel, South Padre Island
Comfort Inn, Stanton
Holiday Inn Express, Van Horn
Holiday Inn Express & Suites Vidor South, Vidor
 
UTAH
Snowpine Lodge, Alta
Proposed La Quinta Inn & Suites American Fork, American Fork
Proposed Fairfield Inn by Marriott, Blanding
Proposed Ski Village Powder Mountain, Eden
Proposed Hyatt Place, Kanab
La Quinta Inn & Suites Salt Lake City Layton, Layton
Motel 6 Salt Lake City South Lehi, Lehi
Proposed Hampton Inn & Suites, Logan
La Quinta Inn Salt Lake City Midvale, Midvale
Motel 6 Salt Lake City South Midvale, Midvale
Best Western Canyonlands, Moab
Studio 6 Salt Lake City Fort Union Murray, Murray
Motel 6 Ogden Riverdale, Ogden
La Quinta Inn & Suites Orem University Parkway, Orem
Waldorf Astoria The Canyons, Park City
Brookfield Inn, Park City
The Canyons Ski Resort, Park City
Proposed Hotel at The Canyons, Park City
Proposed Upscale Hotel, Park City
La Quinta Inn & Suites Salt Lake City Airport, Salt Lake City
Motel 6 Airport West, Salt Lake City
Motel 6 Salt Lake City Downtown, Salt Lake City
Proposed 1 Hotel and Residences, Salt Lake City
Proposed Convention Center Headquarters Hotel, Salt Lake City
Proposed Hyatt Regency, Salt Lake City
Proposed Inn at St. George, St. George
Motel 6 Salt Lake City North Woods Cross, Woods Cross
Proposed Hilton Garden Inn, Salt Lake City
 
VERMONT
Sugarbush Mountain, Sugarbush
 
VIRGINIA
Baymont Inn & Suites, Chesapeake
Proposed Hilton Garden Inn, Chesapeake
Holiday Inn Express Hotel & Suites, Emporia
Proposed Residence Inn, Fairfax
Super 8, Danville Marriott, Fairview
Suburban Extended Stay Hotel, Hampton
Courtyard by Marriott, McLean
Embassy Suites, Richmond
Suburban Extended Stay Northwest, Richmond
Proposed Hampton Inn, Springfield
Proposed Homewood Suites, Springfield
Proposed Westin Town Center, Virginia Beach
Fairfield Inn & Suites by Marriott, Williamsburg
 
WASHINGTON
Proposed AC Hotel by Marriott, Bellevue
Proposed Hotel, Bellevue
Proposed Marriott Hotel, Bellevue
SpringHill Suites by Marriott Bellingham, Bellingham
SpringHill Suites by Marriott, Bothell
Proposed Mt. Rainer Resort at Park Junction, Elbe
Proposed Limited-Service Hotel, Lacey
Proposed Hampton Inn, Moses Lake
Proposed Hotel, Mount Vernon
Proposed Courtyard, Redmond
Proposed AC Hotel by Marriott, Seattle
Proposed AC by Marriott Northgate Mall, Seattle
Proposed Autograph, Seattle
Proposed Residence Inn by Marriott, Seattle
Red Lion, Seattle
Residence Inn Bellevue, Seattle
Proposed Hotel, Shelton
Hampton Inn & Suites, Spokane Valley
Proposed Tru by Hilton Vancouver/Camas, Vancouver
Residence Inn by Marriott Portland Vancouver, Vancouver
 
WEST VIRGINIA
Comfort Inn West Cross Lanes, Charleston
Comfort Inn, Cross Lanes
 
WISCONSIN
Wyndham Garden, Brookfield
Proposed Hilton Garden Inn, Madison
Proposed Hotel Palomar, Milwaukee
Proposed TownePlace Suites by Marriott, Superior
 
WYOMING
Candlewood Suites, Cheyenne
Hampton Inn, Cheyenne
Hitching Post Inn, Cheyenne
Holiday Inn, Cheyenne
Lariat Motel, Cheyenne
Alpenhof Hotel, Jackson Hole
Proposed Autograph Hotel & Residences Jackson Hole, Jackson
Best Laramie Inn, Laramie
Proposed Americas Best Value Inn, Wheatland
 
INTERNATIONAL
Proposed Resort, San Pedro, Belize
Proposed Hotel at Red Mountain Ski Resort, Rossland, British Columbia
Four Seasons Hotel, Mexico City, Mexico
Radisson, Kitchener, Ontario
Radisson, London, Ontario
Radisson, Ottawa, Ontario
Holiday Inn Airport, Toronto, Ontario
Radisson East, Toronto, Ontario
Proposed Full-Service Hotel, Panama City, Panama
Proposed Select-Service Hotel, Panama City, Panama
Frenchman's Reef and MorningStar, Marriott Beach Resorts, Charlotte
Amalie, St. Thomas, U.S. Virgin Islands
Proposed Hotel, University of Virgin Islands, St. Thomas, U.S. Virgin Islands
Proposed USVI Hotel and Villas, St. Thomas, U.S. Virgin Islands
Proposed Hotel, St. John, U.S. Virgin Islands
Proposed Sporting Complex, St. Croix, U.S. Virgin Islands
Proposed Ski Resort Rosa Khuta, Sochi, Russia
 
PORTFOLIO VALUATION
Portfolio of 4 Hotels – Full-Service Resorts  - California and Florida Locations
Portfolio of 5 Hotels – Southwest Texas Various Locations
Portfolio of 650 Extended-Stay Hotels, Various Locations
Portfolio of 354 La Quinta Hotels, Various Locations
Portfolio of 143 Tharaldson-Managed Hotels, Various Locations
Portfolio of 100 White Lodging-Managed Hotels, Various Locations
Portfolio of 64 Courtyard by Marriott Hotels, Various Locations
Portfolio of 13 Suburban Lodge Hotels, Various Locations
Portfolio of 50 Courtyard by Marriott Hotels, Various Locations
 
SKI RESORTS
Mammoth Ski Resort, Mammoth Lakes, CA
June Mountain Ski Resort, Mammoth Lakes, CA
Steamboat Ski Resort, Steamboat Springs, CO
Wolf Ridge Ski Resort, Mars Hill, NC
Winter Park Ski Resort, Winter Park, CO
The Canyons Ski Resort, Park City, UT
Horseshoe Valley Ski Resort, Barrie, Ontario, Canada
Proposed Ski Resort Rosa Khuta, Sochi, Russia
Proposed Ski Resort and Waterpark, Leadville, CO
Sugarbush Mountain Ski Resort, Sugarbush, VT

Press Coverage

HVS Market Connections showcase city performance, 2016

My Articles

HVS Market Pulse: Boulder, CO

Boulder is a target market for hotel companies and brands. The city’s strong corporate and leisure demand, combined with a major university, makes it a perfect hotel market. Despite the ideal hotel environment with strong market performance, new hotel development has been limited.

• March 20, 2019 By Brett E. Russell

• Development & Construction , Valuations & Market Studies , Travel & Tourism , Economic Trends and Cycles , Boulder , Colorado , United States , North America

Colorado Board of Assessment Appeals (BAA) Confirms Rental Management Program as Intangible Asset

This ruling by the Colorado Board of Assessment Appeals confirms our theory on the valuation of hotels that manage third-party-owned condominiums through their rental management programs.

• January 16, 2019 By Brett E. Russell

• Hotel Investments & Ownership , Hotel Operations , Property Tax , Resorts , Resort Residential , Vail , Colorado , North America

Are Colorado Ski-Resort Hotels Posed for a Rebound?

This article focuses on the hotels in Summit and Eagle Counties that provide a bed base for the Interstate 70/Front Range ski resorts in Colorado, such as Vail, Breckenridge, Loveland, Copper Mountain, Winter Park, Arapahoe Basin, and Keystone.

• December 20, 2018 By Brett E. Russell

• Environmental , Travel & Tourism , Economic Trends and Cycles , Resorts , North America , United States , Colorado

Key Takeaways: The CREF/MBA Conference 2017

This year marks a decade since the last peak in commercial real estate. Speakers at the 2017 CREF conference predict stability in lending activity, though tax and labor issues could curtail new construction.

• March 6, 2017 By Brett E. Russell , Desiree M. Flanary

• Lending , Development & Construction , Brokerage & Transactions , North America , United States

HVS Market Pulse: Why Aren’t Hotels Being Built in Ski Towns?

Traditional hotel development in ski resort towns has slowed nearly to a halt, with barriers like limited land and high costs putting pressure on new builds. But hotel demand and performance are on the rise and the “barriers” may not be so imposing.

• January 23, 2017 By Brett E. Russell

• Development & Construction , Valuations & Market Studies , Travel & Tourism , Economic Trends and Cycles , North America

Key Hotel-Related Takeaways | MBA CREF16

Uncertainty in the CMBS market has slowed investment in commercial property, including hotels. Experts at the recent CREF conference, however, expect the impact to be temporary.

• February 15, 2016 By Brett E. Russell , Desiree M. Flanary

• Hotel Investments & Ownership , Lending , Valuations & Market Studies , Travel & Tourism , Brokerage & Transactions , Economic Trends and Cycles , North America

The Millennial Shift in Hotel Brands

The past ten years have ushered in the introduction of more new hotel brands than any time in modern history. Most of these are geared toward the Millennial Generation, with hotel companies creating concepts to capture this vital segment of demand.

• December 6, 2015 By Brett E. Russell

• Valuations & Market Studies , Travel & Tourism , Economic Trends and Cycles , Hotel Brands , Hotel Franchises , North America

In Focus: Denver, CO

Denver’s growth this year reflects what many hotel developers and owners have been witnessing—as a market for jobs, business, and development, Denver continues to outperform.

• November 16, 2015 By Brett E. Russell , Ryan Mark

• Development & Construction , Valuations & Market Studies , Travel & Tourism , Economic Trends and Cycles , Colorado , North America , United States , Denver

Five Key Takeaways | The Lodging Conference 2015

Presentations at this year’s Lodging Conference shed light on how far the U.S. hotel industry has come, as well as how long the current upturn could last.

• October 19, 2015 By Adam R. Lair , Brett E. Russell , Ryan Wall

• Hotel Investments & Ownership , Development & Construction , Valuations & Market Studies , Travel & Tourism , Brokerage & Transactions , Economic Trends and Cycles , North America

Five Key Takeaways | 2015 CREJ Hotel & Resort Summit

Denver’s hotel industry is leading the nation in development trends and overall performance. Experts at the annual lodging conference, Colorado’s biggest, also shared insights on ski resort markets in the state.

• May 4, 2015 By Brett E. Russell

• Travel & Tourism , Brokerage & Transactions , Condo Hotels , Economic Trends and Cycles , North America

Hotel-Related Takeaways | Mortgage Bankers Association’s CREF / Multifamily Housing Convention & Expo 2015

Investment in commercial property is on the rise, and various market dynamics—including lower cap rates—have shifted greater focus to the sale and development of hotels.

• February 23, 2015 By Brett E. Russell , Desiree M. Flanary

• Lending , Development & Construction , Economic Trends and Cycles , North America

Five Key Takeaways | ALIS Conference The Americas Lodging Investment Summit

Presentations and conversations at the 2015 ALIS conference touched on everything from new brands and supply to how falling oil prices, a rising dollar, and stability in the capital markets are affecting prospects for U.S. hotels.

• February 9, 2015 By Tanya J. Pierson , Brett E. Russell , Susan Furbay

• Hotel Investments & Ownership , Lending , Development & Construction , Travel & Tourism , Economic Trends and Cycles , Hotel Brands , North America

Market Intelligence Report 2013 Colorado Mountains

Colorado’s ski resorts draw millions of annual visitors. The lodging industry throughout the Colorado mountains comprises hotels and privately rented rooms and condos. How could a shift in this balance affect hotel performance in the years ahead?

• August 26, 2013 By Brett E. Russell

• Economic Trends and Cycles , North America