Insights & Publications

We have written hundreds of articles about all aspects of hospitality including hotel valuations, investing, lending, operations, asset management, sales and marketing, public relations, and so forth. HVS invites you to download and share these articles, with our compliments.
29 results

Fixed Expenses Aren't Really Fixed!

In most hotel P&Ls, usually towards the bottom, is a heading called Non-Operating Income and Expense, formerly known as Fixed Expenses. Few costs are uncontrollable in a hotel. There are simply some expenses which take longer to reduce than others!

A Brief Guide to Winning a Hotel Property Tax Appeal

Internal and external factors affect hotel property value, and in turn, its property tax burden. In most cases, an experienced hotel appraiser, employing a proven appeal protocol, is needed to determine whether a property is unfairly assessed.

Let's Talk About Cost Controls

A hotel manager's most important tasks are making money for the owner and maintaining the asset. Satisfied guests and motivated employees are among the tools, but cost controls are also critical components of the formula.

Sales Tax Audit!

This description of a sales tax audit is an opportunity to minimize potential problems with sales taxes. While focused on Minnesota much of it applies to any state with sales taxes. Do not construe this article as legal or tax advice.

Filling the Cap Stack Gap

Even with great availability of low cost senior debt today, we still see a lot of projects suffering from a gap in their capital stack.

Competing For Deals – How to Get Your Offer Accepted

While the transaction market is heating up, compared to other cycles, there still remains a shortage of hotel properties coming to market. Here are a few things a buyer can do to make their offer more attractive.

Canadian Monthly Lodging Outlook July, 2012

How Do Your Hotel's Property Taxes Compare?

Appraisal Institute Webinar: A Debate on the Allocation of Hotel Total Assets

Steve Rushmore participates in the Appraisal Institute’s “Debate on the Allocation of Hotel Total Assets” via Webinar.

Appealing Time To Reassess Property Taxes

Steve Rushmore's February 2010 article for Lodging Hospitality