HVS Logo HVS Logo
  • Client Services
    • Hotel Valuations & Appraisals
    • Market & Financial Feasibility Studies
    • Brand & Management Selection and Contract Negotiations
    • Asset Management
    • Financing
    • Brokerage & Transaction Advisory
    • Hotel Management
    • Executive Search
    • Convention, Sports & Entertainment Facilities
    • Hospitality Interior Design Services
    • Testimony & Litigation Support Services
  • Insights & Publications
    • Market Research
    • Articles & Publications
    • Conferences/Seminars
    • Hotel Valuation Index (HVI)
  • Find Personnel
  • Careers
  • Newsletter

Luigi Major, MAI

Managing Director, Partner, Los Angeles
  •   [email protected]
  •   +1 (310) 270-3240 (Work)
  •   English, Spanish
  •   Business Card
  • Consulting Experience
  • Testimonials
  • Employment History
  • Education
  • State Certification
  • Affiliations
  • Hotels Evaluated
  • My Articles

Consulting Experience

Managing Director Luigi Major, MAI, oversees the firm’s Southern California practice and is based in Los Angeles. Since 2007, Luigi has worked on consulting assignments for more than 1,000 hotels and resorts throughout the U.S., Latin America, and the Caribbean, including several large-scale, international hotel portfolios and mixed-use developments. He has experience with all hotel asset classes and specializes in proposed developments. Luigi graduated from the University of Houston’s Conrad N. Hilton College of Hotel and Restaurant Management. He joined the HVS Dallas office in 2007 and has worked with the HVS Mexico City office and the HVS Houston office before relocating in 2018 to Los Angeles to oversee the firm’s Southern California practice. In addition, Luigi has authored numerous articles on the performance trends and dynamics of hotel markets in which he has worked. He is a Designated Member of the Appraisal Institute (MAI) and a state-certified general appraiser.

Testimonials

“We would like to take the opportunity to acknowledge your solid professional appraisal work.  The completed appraisal was deemed to be in the top 25% of the appraisal work we see requiring little, if any, revisions. We’d like to sincerely thank you for this professional appraisal work. Please note that this is all the more meaningful since we only use the services of what we view as the best appraisers in the market you serve.” - Wayne Froboese, MAI, Froboese Realty Advisors

"Michael Evans and Luigi Major were highly professional and well versed with our regional market and business plan. Their appraisal and feasibility analysis was well researched and well written due to their experience and knowledge of the lodging industry and the Southern California market. I will strongly recommend HVS, Luigi and Michael to other project owners." - Jim Turco,  TOVA Hotel + Beach Club

"I have completed three studies with HVS and they are spot on! Very trustworthy, precise, objective, clear and usable." – Martin Prieto, Conhabitat SAS Colombia

"Excellent team. Attention to detail and vast knowledge of the industry. Their recommendations made me make the best decisions." – Joel Rodriguez Rivera, JRC Tax & Accounting Puerto Rico

Employment History

2007 – Present
HVS
Los Angeles, CA

2003 – 2006
CLUBCORP - THE DOWNTOWN CLUB
Houston, Texas

Education

UNIVERSITY OF HOUSTON
Bachelor of Science - Hotel & Restaurant Management
Magna Cum Laude

Other Specialized Training Classes Completed:

Uniform Standards of Professional Appraisal Practice – 15 hours
Basic Appraisal Procedures – 30 hours
Basic Appraisal Principles – 30 hours
General Appraiser Income Approach – 60 hours
General Appraiser Sales Comparison Approach – 30 hours
General Appraiser Market Analysis and HBU – 30 hours
General Appraiser Site Valuation and Cost Approach – 30 hours
General Appraiser Report Writing and Case Studies – 30 hours
Business Practices and Ethics – 7 hours
Statistics, Modeling and Finance – 15 hours
Advanced Income Capitalization – 40 hours
Advanced Sales Comparison & Cost Approach – 40 hours
Report Writing and Valuation Analysis – 40 hours
Advanced Applications – 40 hours
Fundamentals of Separating Real, Personal Property, and Intangible Business Assets – 15 hours
General Demonstration Report Writing
The Appraiser as an Expert Witness: Preparation and Testimony – 16 hours
FL Appraisal Laws and Regulations – 3 hours
Mortgage Fraud – Protect Yourself – 7 hours
Supervisor Trainee Course for Texas – 7 hours
Appraisal of Land Subject to Ground Lease – 7 hours
Basic Hotel Appraising – 7 hours
Advanced Hotel Appraising – 7 hours
Annual USPAP Updates

State Certification

Arizona
California 
Nevada
Texas

Affiliations

Appraisal Institute – Designated Member (MAI)

Hotels Evaluated

Sample List for Illustrative Purposes

PORTFOLIO ANALYSIS
Portfolio of 6 Embassy Suites Hotels, Various Locations
Portfolio of 5 Proposed Hotels, Colombia
Ladder Capital Portfolio of 6 Hotels, Colorado and Texas
Ladder Capital Package of 4 Hotels, Texas
Portfolio of 8 Embassy Suites Hotels, Various Locations
Lone Star Portfolio of 38 Hyatt Hotels, Various Locations
Portfolio of 13 Hotels for JPMorgan Chase, Texas and New Mexico
Portfolio of 5 Extended-Stay Hotels throughout the South
 
ALABAMA
Hampton Inn, Birmingham
City Lodge, Florence
Holiday Inn, Hoover
Hampton Inn, Pell City
 
ARIZONA
Courtyard Phoenix Airport, Phoenix
Residence Inn by Marriott at Mayo Clinic, Phoenix
Proposed Holiday Inn, Scottsdale
Proposed Hyatt Place and Hyatt House Dual-Branded Hotel, Scottsdale
Aloft, Tempe
Proposed Residence Inn, Tempe
Grand Canyon Railway Hotel, Williams
 
ARKANSAS
Proposed Hotel, Fairfield Bay
Proposed Hotel, Hot Springs
La Quinta Inn & Suites, Russellville
 
CALIFORNIA
Alpine Inn & Spa, South Lake Tahoe
Best Western, Porterville
Best Western Laguna Brisas Spa Hotel, Laguna Beach
Best Western Plus Elm House Inn, Napa
Cedar Inn & Suites, South Lake Tahoe
Courtyard by Marriott San Diego Oceanside, Oceanside
DoubleTree by Hilton Golf Resort, San Diego
Embassy Suites, Arcadia
Embassy Suites, Brea
Fremont Inn, Alhambra
Hampton Inn, West Covina
Hilton Garden Inn, Lompoc
Holiday Inn Express, Stockton
Holiday Inn Fisherman's Wharf San Francisco, San Francisco
Hotel Santa Rosa, Santa Rosa
La Quinta Inn & Suites, Fresno
Magnolia Tree Hotel, Anaheim
Marriott Warner Center, Woodland Hills
Native Hotel, Malibu
Proposed Aloft, Buena Park
Proposed Ascend, Santa Rosa
Proposed Best Western, Bakersfield
Proposed Boutique Hotel, Poway
Proposed Boutique Hotel, Copper Canyon
Proposed Hotel Downtown, San Diego
Proposed Hilton Garden Inn, Simi Valley
Proposed Hampton Inn & Suites, Los Angeles
Proposed Home2 Suites, Fairfield
Proposed Home2 Suites, Hanford
Proposed Homewood Suites, Santa Clarita
Proposed Hyatt Place CSUN, Northridge
Proposed Hyatt Place, Walnut Creek
Proposed Hyatt Place Olive Street, Los Angeles
Proposed La Quinta Inn & Suites, San Pablo
Proposed SpringHill Suites by Marriott, Marina
Proposed Spring Street Hotel, Los Angeles
Quality Inn, Santa Rosa
Sanborn Inn, Salinas
Staybridge Suites Cathedral City Golf Resort, Cathedral City
Super 8, Gilroy
US Grant, San Diego
 
COLORADO
Proposed Gaylord Rockies Hotel & Convention Center, Aurora
Hyatt Summerfield Suites, Broomfield
Best Western Academy Hotel, Colorado Springs
 
DISTRICT OF COLUMBIA
Georgetown Suites Land Valuation
 
FLORIDA                             
Marriott, Boca Raton
Proposed Dual-Branded Residence Inn/SpringHill Suites by Marriott, Clearwater Beach
Mayfair Hotel & Spa, Coconut Grove
Hyatt Place, Delray Beach
Hyatt Place at Coconut Point, Estero
Hyatt Place, Fort Lauderdale
Hilton Garden Inn, Fort Myers
Four Points, Ft. Walton Beach
Holiday Inn, Houston
Proposed Courtyard, Jacksonville
Wyndham Riverwalk, Jacksonville
Proposed Holiday Inn & Suites, Miami
Proposed Hotel, Miami
Proposed Le Meridien, Miami
Proposed Meininger Hotel, Miami Beach
Proposed Hilton, Miami Beach
The Raleigh Hotel, Miami Beach
Proposed SpringHill Suites by Marriott, Navarre
Embassy Suites Orlando Lake Buena Vista, Orlando
Holiday Inn Express Hotel & Suites Orlando International Airport, Orlando
Proposed Hotel, St. Augustine
SpringHill Suites by Marriott, Sarasota
Sawgrass Grand Hotel & Suites, Sunrise
Hampton Inn, Tallahassee
Hampton Inn Veterans Expressway, Tampa
 
GEORGIA
Courtyard by Marriott, Atlanta
Holiday Inn Atlanta Perimeter Dunwoody, Atlanta
Country Inn & Suites, Hiram
Candlewood Suites, Lithia Springs
Holiday Inn Express, St. Simons Island
Island Inn, St. Simons Island
 
HAWAII
Sheraton Keauhou Bay Resort & Spa, Kailua
Four Seasons Resort O'ahu at Ko Olina, Kapolei
 
IDAHO
Proposed Economy Extended Stay, Coeur D’Alene
 
ILLINOIS
Proposed Extended-Stay Hotel, Bolingbrook
Proposed Hampton Inn, Burr Ridge
SpringHill Suites by Marriott, Burr Ridge
Renaissance Chicago O’Hare Suites, Chicago
SpringHill Suites by Marriott, Elmhurst
 
KANSAS
Crowne Plaza Kansas City Overland Park, Lenexa
 
LOUISIANA
Proposed Residence Inn by Marriott, Bossier City
Hampton Inn, Houma
Hotel Acadiana, Lafayette
Proposed Candlewood Suites, Leesville
Astor Crowne Plaza, New Orleans
Hilton Garden Inn French Quarter, New Orleans
Hyatt Regency, New Orleans
Proposed Hotel Alessandra, New Orleans
Wyndham Chateau Bourbon, New Orleans
Holiday Inn, Ruston
Holiday Inn Express Hotel & Suites, Ruston
Proposed La Quinta Inn & Suites, Ruston
Nottoway Plantation Resort, White Castle
 
MARYLAND
Sheraton Washington North, Beltsville
Country Inn & Suites by Carlson, Frederick
Proposed Hotel Sorella, Rockville
 
MINNESOTA
Loews, Minneapolis
Westin, Minneapolis
 
MISSISSIPPI                      
Four Points, Biloxi
Proposed SpringHill Suites, Biloxi
South Beach Biloxi Hotel, Biloxi
Hampton Inn, Brookhaven
 
MISSOURI
Hilton Kansas City Airport, Kansas City
 
MONTANA
Proposed Hotel, Big Sky
Proposed Best Western, Shelby
Holiday Inn Express, Sidney
 
NEVADA
Hampton Inn, Las Vegas
 
NEW JERSEY
Proposed Holiday Inn, Bayonne
TownePlace Suites by Marriott, Mount Laurel
Holiday Inn, Princeton
 
NEW MEXICO
Proposed Downtown Hotel, Albuquerque
Sleep Inn & Suites, Hobbs
Holiday Inn Express, Portales
Inn at Loretto, Santa Fe
Proposed Boutique Hotel, Santa Fe
Hampton Inn, Santa Rosa
Holiday Inn Express, Santa Rosa
La Quinta Inn, Santa Rosa
 
NEW YORK                        
Marriott, Buffalo
Proposed Hampton Inn, Dewitt
Courtyard by Marriott New York LaGuardia Airport, East Elmhurst
Proposed Tryp by Wyndham Long Island City, Long Island City
Residence Inn, White Plains
 
NORTH CAROLINA
Courtyard by Marriott, Raleigh
 
OHIO
Proposed Hilton, Chippewa Lake
Holiday Inn, West Chester
Proposed Holiday Inn & Conference Center, West Chester
 
OKLAHOMA
Hilton Skirvin, Oklahoma City
 
OREGON
Hilton, Eugene
 
PENNSYLVANIA
DoubleTree by Hilton Pittsburgh Garden Tree, Pittsburgh
 
SOUTH CAROLINA
Proposed 5-Star Hotel, Charleston
Proposed Marion Square Hotel, Charleston
3 Palms Hotel, Myrtle Beach
 
TENNESSEE
Holiday Inn, Chattanooga
Proposed Select-Service Hotel, Knoxville
Holiday Inn Memphis Downtown Beale Street, Memphis
 
TEXAS                  
Holiday Inn Express, Allen
Proposed 21c Hotel, Austin
Proposed Hotel Granduca, Austin
Proposed SpringHill Suites, Baytown
Value Place, Beaumont
Homewood Suites by Hilton, Bedford
Proposed Hotel Texas A&M University, College Station
Proposed Tryp by Wyndham, College Station
Proposed Staybridge Suites, The Colony
Fairfield Inn & Suites Houston Conroe, Conroe
Candlewood Suites, Corpus Christi
Comfort Suites Calallen, Corpus Christi
Embassy Suites, Corpus Christi
Holiday Inn Airport, Corpus Christi
Holiday Inn Downtown, Corpus Christi
Holiday Inn Express, Corpus Christi
La Quinta Inn & Suites, Corpus Christi
Proposed Schlitterbahn Resort, Corpus Christi
Staybridge Suites, Corpus Christi
Proposed Hotel, Cypress
Le Méridien The Stoneleigh, Dallas
Proposed Aloft/Element Dual-Branded Hotel, Dallas
Proposed Residence Inn by Marriott, Dallas
Proposed Residence Inn and AC by Marriott Dual-Branded Hotel, Dallas
Proposed Saint Elm Hotel, Dallas
Hilton Garden Inn Denison Sherman at Texoma Event Center, Denison
Proposed Hotel, Edinburg
Proposed Hyatt Place, Edinburg
Proposed Artisan Hotel Conversion, El Paso
Sheraton Fort Worth Downtown Hotel, Fort Worth
Proposed Hilton Garden Inn, Frisco
Westin Stonebriar, Frisco
Courtyard by Marriott, Galveston
Proposed Beachfront Hotel, Galveston
Proposed Courtyard by Marriott, Galveston
Proposed Downtown Hotel, Galveston
Proposed TownePlace Suites, Galveston
TownePlace Suites by Marriott, Galveston
Proposed Hotel, Georgetown
Best Western Fountainview, Houston
Crowne Plaza, Houston
Crowne Plaza Suites, Houston
DoubleTree Suites by Hilton Houston Galleria, Houston
DoubleTree IAH, Houston
Four Seasons, Houston
Hampton Inn Houston Interstate 10 West, Houston
Hampton Inn & Suites Houston Medical Center, Houston
Hilton Garden Inn Houston Bush Intercontinental Airport, Houston
Hilton Garden Inn Houston Northwest, Houston
Hilton Houston Westchase, Houston
Holiday Inn Southwest, Houston
Holiday Inn Westchase, Houston
Homewood Suites by Hilton, Houston
Hotel Icon, Houston
Hyatt Regency, Houston
Magnolia Hotel, Houston
Proposed 314 Hotel, Houston
Proposed AC Hotel Houston Downtown, Houston
Proposed Aloft, Houston
Proposed Embassy Suites, Houston
Proposed Hampton Inn/Homewood Suites Downtown, Houston
Proposed Holiday Inn & Conference Center Willowbrook, Houston
Proposed Holiday Inn Downtown, Houston
Proposed Homewood Suites by Hilton, Houston
Proposed Hotel Alessandra, Houston
Proposed Hotel Zaza & Apartments, Houston
Proposed Hyatt Place and Hyatt House Dual-Brand Hotel, Houston
Proposed Hyatt Place, Houston
Proposed InterContinental Hotel, Houston
Proposed JW Marriott, Houston
Proposed Le Méridien, Houston
Proposed Lifestyle Hotel, Houston
Proposed Luxury Hotel Houston Galleria, Houston
Proposed Marriott Marquis, Houston
Proposed Montrose Hotel, Houston
Proposed Select-Service Hotel, Houston
Proposed SpringHill Suites, Houston
Proposed Triple-Branded Hotel Houston Downtown, Houston
Sam Houston Hotel (Curio Conversion), Houston
Sheraton Houston North, Houston
Sheraton Houston West, Houston
Staybridge Suites, Houston
Staybridge Suites Houston IAH Beltway 8, Houston
Staybridge Suites Houston West Energy Corridor, Houston
Westin Galleria, Houston
Westin Oaks, Houston
Wingate by Wyndham Houston Bush Intercontinental, Houston
Proposed Hotel & Conference Center, Huntsville
Studio 6, Ingleside
Proposed Westin, Irving
Wingate Las Colinas, Irving
Sleep Inn & Suites, Jourdanton
Super 8, Karnes City
Homewood Suites by Hilton Houston/Katy Mills Mall, Katy
Proposed Homewood Suites by Hilton, Katy
South Shore Harbour Resort & Spa, League City
Best Western, Luling
Renaissance, McAllen
Proposed Home2 Suites by Hilton, McKinney
Proposed SpringHill Suites by Marriott, McKinney
Proposed Westin, McKinney
Proposed Extended-Stay Hotel, Midland
Candlewood Suites, Monahans
La Toretta del Lago Resort & Spa, Montgomery
Candlewood Suites, Odessa
Proposed Home2 Suites by Hilton, Pasadena
Proposed Fairfield Inn by Marriott, Pecos
TownePlace Suites by Marriott Plano, Plano
Holiday Inn Express Hotel & Suites, Port Aransas
Holiday Inn Express, Port Arthur
Proposed Hilton Garden Inn Porter, Porter
Holiday Inn Express, Rockport
Microtel Inn & Suites, Round Rock
Proposed Holiday Inn (land), San Angelo
Hilton San Antonio Airport, San Antonio
Homewood Suites by Marriott, San Antonio
Marriott Plaza, San Antonio
Microtel Inn & Suites Airport, San Antonio
Microtel Inn & Suites SeaWorld, San Antonio
Proposed Thompson Hotel, San Antonio
Baymont Inn & Suites, Snyder
Proposed Fairfield Inn by Marriott, Snyder
Schlitterbahn Resort, South Padre Island
Proposed Home2 Suites, Stafford
Marriott Hotel and Conference Center, Sugar Land
Proposed Red Lion Inn & Suites, Texas City
Baymont Inn & Suites, Victoria
Proposed Hotel, Webster
Proposed Hotel & Conference Center, Webster
Proposed Extended-Stay Hotel, The Woodlands
Woodlands Resort & Conference Center, The Woodlands
 
VIRGINIA
Wingate Inn Dulles Airport, Chantilly
Proposed Staybridge Suites, Charlottesville
Westin Tysons Corner, Falls Church
Holiday Inn, Lynchburg
Magnuson Hotel & Convention Center at Oyster Point, Newport News
TownePlace Suites by Marriott, Stafford
 
WASHINGTON
Proposed AC Hotel, Bellevue
Holiday Inn Express, Marysville
Proposed Homewood Suites, Richland
Holiday Inn Express, Sumner
 
WISCONSIN
Holiday Inn, Milwaukee
 
INTERNATIONAL
 
Colombia
Proposed Hyatt Place, Bogota
Proposed City Express Hotel, Cartagena
Proposed Luxe Resort by The Charlee, Guatape
Proposed City Express Hotel, Medellín
Proposed Courtyard by Marriott, Medellin
Proposed Marriott, Medellín
Proposed Palmanova Hotel, Medellín
Proposed Hilton Garden Inn, Rionegro
Proposed Hotel, Rionegro
 
Costa Rica
Proposed Andaz, Guanacaste
Proposed Boutique Resort, Guanacaste
Proposed Paradisus Papagayo Bay Resort & Luxury Villas, Guanacaste
Proposed Resort, Guanacaste
Proposed Extended-Stay, San Jose
Proposed Hyatt Place Pinares, San Jose
Proposed Select-Service, San Jose
Proposed Limited-Service, Liberia
Marriott Los Suenos, Playa Herradura
Marriott Costa Rica, San Jose
Proposed Hyatt Place, San Jose
Proposed Lifestyle Hotel & Club, San Jose
Proposed Boutique Resort, Guanacaste
Proposed Luxury Hotel, San Jose
 
Dominican Republic
Proposed Auberge Resort, El Seibo
Proposed Boutique Resort, El Seibo
Proposed Four Seasons, El Seibo
Proposed Luxury Hotel, El Seibo
 
El Salvador
Proposed Select-Service Hotel, San Salvador
 
Guatemala
Proposed Four Seasons, Antigua
Proposed Resort, Antigua
Proposed Resort at La Reunion, Antigua
Proposed Hotel, Guatemala City
 
Honduras
Proposed Hotel, San Pedro Sula
 
Mexico                 
Fairmont Acapulco Princess, Acapulco
Fairmont Pierre Marques, Acapulco
Proposed Hotel, Acapulco
Bacalar Land Parcels, Bacalar
Proposed Bacalar Hotel, Bacalar
Cabo de Cortes Fairmont/Raffles Development, Cabo San Lucas
Cabo San Cristobal, Cabo San Lucas
Proposed Luxury Hotel & Villa Project, Campeche
Proposed Master-Planned Development (2), Campeche
Dreams Resort, Cancun
Elan Resort & Spa, Cancun
El Pueblito, Cancun
Fiesta Americana Condesa Cancun, Cancun
Le Meridien, Cancun
Yalmakan Resort, Cancun
Westin Soberano, Chihuahua
Proposed Quinta Real Hotel Development, Culiacán
Proposed Banyan Tree, Ensenada
Proposed Boutique Hotel Project, Guadalajara
Proposed Fiesta Inn del Tapatio, Guadalajara
Proposed Hotel Project, Guadalajara
Proposed Mixed-Use Development, Guadalajara
Proposed Vi Hotel, Guadalajara
Hotel Condesa, Leon, Guanajuato
Tesoro, Ixtapa
Proposed Hotel & Residential Development, Ixtapan de la Sal
Proposed Park Hyatt, Kanai
Proposed St. Regis, Kanai
Proposed W Hotel, Kanai
Desire Resort, Los Cabos
Esperanza Resort, Los Cabos
Proposed Thompson Hotel, Los Veneros
Tesoro Manzanillo, Manzanillo
Embassy Suites, Mexico City
Proposed City Express Hotel, Mexico City
Proposed Limited-Service Hotel, Mexico City
Proposed Hotel & Condo, Monterrey
Proposed Hotel, Monterrey
Proposed Limited-Service Hotel, Playa del Carmen
Proposed Resort, Playa del Carmen
Ceiba del Mar, Puerto Morelos
Paraiso de la Bonita, Puerto Morelos
Proposed Puerto Telchac Hotel & Residential Project, Puerto Progreso
Presidente InterContinental, Puerto Vallarta
Proposed City Express Hotel, Queretaro
Proposed Capella Punta Maroma, River Maya
Proposed Grand Hyatt, Riviera Maya
El Dorado Ranch Hotel & Excess Land, San Felipe
Proposed Hotel, San Miguel de Allende
Prposed Quinta Real Hotel & Residential, San Miguel de Allende
Dreams Resort, Tulum
Secrets Capri Resort, Tulum
 
Panama
Proposed Boutique Hotel, Panama City
Proposed Full-Service Hotel, Panama City
Proposed Limited-Service Hotel, Panama City
 
Peru
Proposed Hyatt Place, Lima
 
Puerto Rico                       
Hilton, Caribe
Embassy Suites San Juan Hotel & Casino, Carolina
Proposed Boutique Hotel, Ponce
Courtyard by Marriott (Expansion), San Juan
 
Saint Lucia
Proposed Master Planned Development
 
Spain
Villaitana Wellness Golf & Business Sun Resort, Benidorm

My Articles

View all Luigi's articles

HVS Hotel Development Cost Survey 2017/18

Each year, HVS researches and compiles development costs from our database of actual hotel construction budgets. This source now provides the basis for our illustrated total development costs per room/per product type.
  • November 20, 2018 By Luigi Major
  • Development & Construction , Economic Trends and Cycles

Blurred Lines between Hotels and Airbnb

Consumers today continue to seek exciting and unique experiences when they travel, and the lines between hotels and alternative lodging options, such as Airbnb, continues to be blurred.
  • September 19, 2018 By Luigi Major
  • Development & Construction , Travel & Tourism , Hotel Brands , Hotel Management

Market Pulse: Palm Springs & Desert Cities

With demand levels on the rise and several redevelopment and revitalization projects occurring in the area, the Coachella Valley is experiencing a renaissance.
  • February 14, 2018 By Luigi Major

Top 6 Hotel Success Factors

In this article, Luigi shares what he believes to be some of the most important factors that must be considered in the acquisition or development of a hotel, which ultimately lead to a property’s financeability, profitability, and long-term success.
  • August 28, 2017 By Luigi Major
  • Hotel Investments & Ownership , Development & Construction , Valuations & Market Studies , Economic Trends and Cycles

In Focus: Houston, TX

Thanks to energy-driven demand, Houston achieved record occupancy levels in 2014. The recent fall of oil and gas prices and more than 5,000 new rooms on the horizon poses a challenge to market-wide occupancy, though average rates continue to climb.
  • February 25, 2016 By Luigi Major

Four Key Takeaways | Meet the Money 2015

Hoteliers and financiers met in Los Angeles to discuss the pitfalls and possibilities for U.S. hotel investment as the industry continues its upturn in performance.
  • May 18, 2015 By Susan Furbay , Li Chen , Luigi Major
  • Hotel Investments & Ownership , Lending , Valuations & Market Studies , Economic Trends and Cycles

In Focus: Houston, Texas

A booming economy, along with record growth in population and jobs, is bringing about the best lodging market performance in Houston’s history. Can hoteliers count on this growth to last?
  • July 31, 2014 By Luigi Major , Yimei Tang

Effects of Major Renovations on Hotel Market Penetration and Net Present Value

In this article, we seek to understand and quantify, through analysis, the impact of a major renovation on a hotel’s occupancy and rate penetration and, ultimately, the effect on income and net present value.
  • February 27, 2014 By Luigi Major
  • Hotel Investments & Ownership , Hotel Operations , Valuations & Market Studies , Economic Trends and Cycles

Market Intelligence Report 2013: Houston

With demand driven by energy, health care, and shipping, Houston’s hotel market reached historically high occupancy and average rate in 2013. The following article tracks trends in hotel supply, demand, and performance across the city’s submarkets.
  • June 10, 2013 By Luigi Major
  • Valuations & Market Studies , Economic Trends and Cycles

HVS Market Intelligence Report: Houston Hotels in 2012

Energy prices, strong for the past several years and rising in 2012, have driven impressive growth in jobs, commercial space, and other developments in Houston. This growth and major planned projects continue to pump hotel demand into the city.
  • April 4, 2012 By Luigi Major
  • Valuations & Market Studies

HVS Report: Foreign Direct Investment, Commercial Real Estate, and Hotel Development in Mexico City

Mexico City is one of the most densely populated and developed urban areas in the world. How will rising foreign direct investment amplify the dynamics of the city’s office and lodging markets in the wake of the recent recession?
  • February 23, 2011 By Luigi Major , Raul Duarte , Richard J. Katzman
  • Valuations & Market Studies , Economic Trends and Cycles

San Miguel de Allende - A Beacon for the Tourism Potential of Colonial Towns and Villages

The dynamics of San Miguel de Allende’s lodging and tourism market illustrate opportunities for growth for lesser-known towns rich in history, architecture, and culture.
  • January 23, 2009 By Luigi Major
  • Valuations & Market Studies , Economic Trends and Cycles

Mexico's Growing Trend: Master-Planned Resort-Residential Communities

Mexico’s tourism industry has been at the forefront of international lodging trends, and the country is once again reinventing its coastlines and interior colonial towns with the proliferation of master-planned resort-residential communities.
  • November 7, 2008 By Luigi Major
  • Sales & Marketing , Development & Construction , Valuations & Market Studies , Economic Trends and Cycles

Guadalajara — Preparing for the Future

The popularity of Guadalajara has surged in recent years, attracting new businesses, residents, and developments that are positioning the city as a world-class business and travel destination.
  • May 16, 2008 By Luigi Major
  • Lending , Hotel Operations , Sales & Marketing , Valuations & Market Studies , Economic Trends and Cycles

HVS Market Intelligence Report: San Juan, Puerto Rico

New developments are making the “Walled City” more welcoming than ever, while limited supply allows occupancies to remain strong and average rates to increase tremendously.
  • November 26, 2007 By Luigi Major
  • Lending , Valuations & Market Studies , Economic Trends and Cycles

Client Services

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

Insights & Publications

  • Market Research
  • Articles & Publications
  • Conferences/Seminars
  • Hotel Valuation Index (HVI)

Careers

  • Join HVS

Connect with Us

  • Contact Us
  • Find Personnel
  • Subscribe To Newsletter
  • Offices
  • News Room
  • News RSS Feed
  • Twitter
  • LinkedIn
Copyrights © 2019 All Rights Reserved by HVS
Terms of Use / Privacy Policy