Rod Clough, MAI

Consulting Experience

As President of HVS Americas and in partnership with the firm's leaders, Rod developed and launched a new vision and mission for HVS Americas in early 2020. He now supports the firm's 40+ locations across North and Latin America in their execution of regional strategies, which are ultimately working toward achieving the firm's vision.
 
Rod began his consulting career with HVS in 1995 and became a Partner/Owner in 2000 upon his launch of HVS Dallas, the firm's fifth office. Under his leadership, HVS Americas conducts over 3,500 valuation and consulting engagements annually. During his 30-year tenure, Rod has been instrumental in leading the growth of the firm. He has significantly expanded the number of offices across the United States, as well as launched multiple divisions, including U.S. Hotel Appraisals, HVS Latin America, HVS Brokerage & Advisory, and HVS Asset Management & Advisory. A frequent speaker at the nation’s largest hotel conferences, Rod is a designated member of the Appraisal Institute (MAI) and a state-certified appraiser in numerous states. Rod earned his degree from Cornell University's School of Hotel Administration and also holds a Colorado real estate broker’s license.

Once associates join HVS, they tend to stay because of the extraordinary culture Rod has inspired—one defined by the ideals of balance, connectivity, efficiency, collaboration, honesty, integrity, kindness, and excellence, among many others.
 

• Rod and HVS Americas believe Black Lives Matter. Diversity, inclusion, and equality are important to us, and we have a strategy that puts these words into real action.
   
• Rod is proudly Hispanic and gay and leads and co-owns a firm that is welcoming of all races and colors, sexual orientations, ages, genders and gender identities, and all other protected classes and those that should be protected classes but are not yet. Rod was married to his husband, Jeff Clough, in 2014. Rod's mother emigrated from Mexico in the late 1960s; Rod and HVS celebrate immigration and those seeking to build a better future. 
   
• Rod and HVS Americas believe in gratitude, and firm practices are built around recognition, rewards, and thoughtfulness. Moreover, HVS is proud of and thankful for its military veterans and all those who have served in our country's military.
   
• Rod leads an organization that welcomes associates and staff affiliated with Democrat, Republican, and all other political parties.

Rod's consulting experience encompasses all hotel property types and brand segments, including convention headquarters hotels, resorts, limited- and full-service hotels, and extended-stay hotels. In 2007, Rod secured the engagement for and coordinated the appraisals of nearly 200 properties associated with the $26-billion sale of Hilton Hotels to The Blackstone Group, an unprecedented transaction in the history of the international lodging industry and, to date, the largest assignment undertaken by the firm.

Connect with Rod on LinkedIn.

Testimonials

"HVS can be very proud of Rod Clough, MAI, and Mike Handy in the quality of the report and the extraordinary attention to customer service they provided to our institution. They were able to deliver the report early and were available to respond quickly to our requests for clarification. This was our first occasion to have engaged HVS, but we look forward to future opportunities to work with them again." – J. Denis Watts, Washington Federal

"I was particularly impressed with (1) Rod Clough and his HVS team's responsiveness and overall professionalism with respect to all our contact throughout the entire process, (2) the level of detailed reporting for the feasibility study, (3) his team's understanding of the market and our specific needs relative to this unique assignment, and (4) a willingness and open mind to make changes as appropriate to the final draft." – John Palmer, Redico Management

"HVS sets the bar for the quality and timeliness of its reports in all spheres of the hotel industry. Not only are they dependable but [they] are qualitatively non-pareil." – Vijay Dandapani, Hotel Association of New York City (HANYC)

Affiliations

HVS is an allied member of the American Hotel and Lodging Association and a sponsor of the ForWard Conference. ForWard is an annual conference to recognize women leaders of the hospitality industry and champion the next generation of leaders.

HVS is an Industry Partner of the National Society of Minorities in Hospitality. This organization was founded in 1989 to educate, encourage, and empower minority students interested in pursuing hospitality careers.

HVS is an allied member of the Latino Hotel Association (LHA), which is the only association dedicated to Latino hotel ownership, development, and operations within the hospitality industry.

HVS is a member of the Asian American Hotel Owners Association, whose members own roughly 1 in 2 hotels in the U.S. AAHOA's mission is to advance and protect the business interests of hotel owners through advocacy, industry leadership, professional development, member benefits, and community engagement.

HVS is an allied member of NABHOOD. Founded in 1998, the National Association of Black Hotel Owners, Operators, and Developers seeks to increase the number of African Americans developing, managing, operating, and owning hotels, as well as increase vendor opportunities and executive-level jobs for minorities, thereby creating wealth within the African American community.

HVS supports membership in LGREG, the Lesbian and Gay Real Estate Group, which supports the LGBTQ community and is primarily active in California.

Rod is a Designated Member of the Appraisal Institute (MAI), a state-certified general appraiser, and a licensed real estate broker.

Education

Cornell University, School of Hotel Administration
Bachelor of Science

Rod has completed over 180 hours of basic level appraisal training to meet initial state certification requirements and over 200 hours of advanced education to meet all class requirements of the Appraisal Institute for its MAI designation. Beyond these initial requirements, Rod continues to take classes annually in appraisal standards, among other topics.

Appraisal Institute classes completed:
410 – Standards of Professional Practice Part A
420 – Standards of Professional Practice Part B
510 – Advanced Income Capitalization
520 – Highest and Best Use and Market Analysis
530 – Adv. Sales Comparison and Cost Approach
540 – Report Writing and Valuation Analysis
550 – Advanced Applications

Certified General Appraiser classes completed through the University of Colorado Continuing Education Department:
NCRE-200 Registered Appraiser,
NCRE-201 Basic Appraisal Applications
NCRE-203 Small Residential Income Properties
NCRE-208 Standards and Ethics
NCRE-211 Certified Residential
NCRE-215 Appraisal Principles and Advanced Applications
NCRE-216 Income Capitalization
NCRE-219 Commercial Case Studies

Other Specialized Training Classes Completed:
TALCB-ACE - Income Property Analysis
24-Hour Comprehensive Appraisal Workshop
Mandatory 8-Hour Broker Standards
Anatomy of a Mortgage, URAR
Solutions Approach – Appraisal Institute
Small Hotel/Motel Valuation – Appraisal Institute
Appraisal Curriculum Overview
Appraising and Analyzing Office Buildings for Mortgage Underwriting
Appraising Apartments: The Basics
Ad Valorem Tax Consultation
How To Analyze & Value Income Property
Risky Business: Ways to Minimize Your Liability
Florida Law Class
Fundamentals of Separating Real Property, Personal Property, and Intangible Business Assets
Pennsylvania Law Class
Appraising and Analyzing Industrial & Flex Buildings
Business Practices and Ethics
Supervising Trainees
Oddball Appraisals
The Nuts and Bolts of Green Building
PA Law Class
Real Estate Finance Statistics and Valuation Modeling
Mold, Pollution and the Appraiser
MI Law Class
CA Law Class
The Income Approach
Basic Hotel Appraising
Review of Disciplinary Cases
Business Practices and Ethics
Basics of Expert Witness
Land and Site Valuation
The Dirty Dozen
Sexual Harassment
Evaluations, Desktops and Other Limited Scope Appraisals
Green Building Concepts for Appraisers
Appraisal of Fast-Food Facilities
Intro to Commercial Appraisal Review
REO and Foreclosures
Appraising Industrial Buildings
Appraisal of Self-Storage Facilities
Laws for NV Appraisers
Sexual Harassment - IL


Rod completes 15–20 hours of additional education annually, including biennial National USPAP Update courses.

State Certification

Rod is a Designated Member of the Appraisal Institute (MAI).

Rod holds an Associate Real Estate Broker license in the State of Colorado (License #: FA.100093786).

Rod is a licensed, state certified appraiser in his home state of Colorado and additional states. In Colorado, he holds a Certified General Appraiser license (License #: CG40017461). Rod and his staff hold state certifications in virtually all 50 states.

Please contact Michelle Guetterman at [email protected] for more specific information regarding licensing. Michelle handles all licensing questions for the HVS US platform. Michelle can also provide a PDF copy of any license upon request.

Press Coverage

Multi-year recovery along with new opportunities for travel and hospitality sector: HVS, 2020

Focus: Breaking Journey Information investigates: HVS anticipates multi-speed international restoration, 2020

Report: Spas Contribute Substantially to U.S. Hotel Revenues, 2020

Luxury hotel treatment rooms generate more than double the revenue, 2020
Lot Lines: Airbnb – sharing technology effect

Speaking Engagements

Boutique Lifestyle Leaders Association (BLLA), New York, NY—June 2022, 2023
HD Expo + Conference, Las Vegas, NV—May 2023
AHLA Forward 2022, Chicago, IL—May 2023
Hunter Conference, Atlanta, GA—March 2021, 2022, 2023
Americas Lodging Investment Summit (ALIS), Los Angeles, CA—January 2023
NYU International Hospitality Industry Investment Conference, New York, NY—June 2022
Boulder Hotel Motel Association Luncheon, Boulder, CO—April 2022
The Lodging Conference, Phoenix, AZ—September 2021

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