Rod Clough, MAI

Consulting Experience

As President of the Americas, Rod supports the firm's 40 locations across all of the Americas in their execution of strategy and working towards 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. Since that time, he acquired all four original U.S. Consulting & Valuation offices and launched 30 more, in partnership with the founding Rushmore family. As of 2021, he is co-owner, with Stephen Rushmore, Jr., of all 36 U.S. HVS Consulting & Valuation offices, as well as the Americas Brokerage and Financing divisions. He is a founding owner/partner of HVS Mexico-Latin America, as well.

Rod has grown his team from 2 to 110, and his staff and consulting leaders have a significant average tenure. Once associates join HVS, they tend not to leave due to the extraordinary culture Rod has inspired. 

• Rod and HVS Americas believe Black Lives Matter. Diversity, inclusion, and equality are important to us, and we have a strategy to put 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 may not yet be. Rod has been married to his husband, Jeff Clough, since 2014. Rod's mother emigrated from Mexico in the late 1960s; Rod and HVS celebrate immigration and those seeking a build a better future. 
   
• Rod and HVS Americas are proud and thankful for America's veterans and all those that have served in our great country's military.
   
• Rod leads an organization that welcomes associates and staff that affiliate with Democrat, Republican, and all other political parties.

Rod is a Designated Member of the Appraisal Institute (MAI) and a state-certified general appraiser. His 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.

Follow Rod on Instagram: thehotelconsultant

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

"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

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 – 2003
24-Hour Comprehensive Appraisal Workshop – 2002
Mandatory 8-Hour Broker Standards – 2001 Update
Anatomy of a Mortgage, URAR – 2005
USPAP Update – Annually
Solutions Approach – Appraisal Institute, 2006
Small Hotel/Motel Valuation – Appraisal Institute, 2008
Appraisal Curriculum Overview – 2011
Appraising and Analyzing Office Buildings for Mortgage Underwriting – 2011
Appraising Apartments: The Basics – 2011
Ad Valorem Tax Consultation – 2011
How To Analyze & Value Income Property – 2011
Risky Business: Ways to Minimize Your Liability – 2011
Florida Law Class – 2012
Fundamentals of Separating Real Property, Personal Property, and Intangible Business Assets – 2012
Pennsylvania Law Class – 2012
Appraising and Analyzing Industrial & Flex Buildings – 2012
Business Practices and Ethics – 2013
Supervising Trainees – 4 hours
Oddball Appraisals – 7 hours
FL Law Class – 3 hours
The Dirty Dozen – 3 hours
Cost Approach – 7 hours
The Nuts and Bolts of Green Building – 3 hours

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

State Certification

Rod is a licensed, state certified appraiser. 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

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