We wrote the book – and more! Experts who literally wrote the book on how to appraise and value hotels, timeshares, restaurants, and more.
NOTE: Once HVS has received confirmation from paypal.com that your payment has cleared, you will be receiving your product via e-mail during business hours (Monday to Friday). This process normally takes less than 24 business hours. The product will be sent to the e-mail address provided during payment. If you have paid with an electronic check, please note it does take paypal.com three to four business days to confirm your payment. Any document purchased or payment confirmed after 5:00 PM Central Time will not be processed until the following business day. All reports and software are sent electronically to the e-mail address supplied at the time of purchase. NO BOUND OR HARD COPIES WILL BE SENT.
Comprised of three separate Excel spreadsheet programs that step the user
through the entire market analysis and valuation process.
The
first model is a Room Night Analysis Program, which quantifies the
local market demand and measures the impact of new lodging supply. Using
a sophisticated penetration algorithm, the relative competitiveness of each
existing and proposed hotel is measured to determine the overall market
dynamics. The final output consists of a 10-year occupancy projection for
the subject property and its competitors. An important feature of the room
night analysis program is the ability to evaluate the adverse impact on
a property's occupancy from the addition of one or more new hotels to a
market.
The Fixed and Variable Income and Expense Forecasting
Program consists a detailed 10-year profit and loss statement utilizing
the Uniform System of Accounts for Hotels. This model works for both existing
and proposed hotels and incorporates a highly accurate fixed and variable
forecasting routine that is easily adapted to any type of lodging facility.
The program can also be used to develop annual operating budgets.
The Hotel Valuation Model takes the output from the Income and Expense
Forecasting Program and converts it into an estimate of value. The discount
rate is developed from the cost of debt and equity capital and the value
is calculated using either a loan to value or debt coverage approach. The
output proves the value by showing the calculation of the unleveraged property
yield, the leveraged equity yield, the mortgage yield and the projected
cash flow to equity. This cutting-edge valuation program works because it
utilizes real world investor inputs rather than appraiser divined capitalization
and discount rates.
For questions or to request information, please contact Joan Raffetto.
| Prices $75 USD |
HVS Major and Mid-Market Mid-Year US Hotel Transaction Survey
The HVS 2009 Major and Mid-Market U.S. Hotel Transaction Survey provides an ongoing discussion of major hotel sales trends from 1990 through 2008, discusses the highest priced per room sales of 2009, and identifies the year's top buyers and sellers. The survey also includes a summary of the U.S. mid-market transactions for the calendar year 2009. Featured in the survey is a listing of 2009 individual sales in the major (above $10 million) and mid-market (between $3.0 and $9.99 million) price categories. The sales listings include asset name, location, number of rooms, month of sale, total sales price, price per key, and buyer and seller. The survey is in PDF format.
| Prices $450 USD |
Major U.S. Hotel Transactions Survey
The HVS 2008
Major U.S. Hotel Transaction Survey provides an ongoing discussion of hotel
sales trends from 1990 through 2008, discusses the highest priced per room
sales of 2008, and identifies the year's top buyers and sellers. Featured
in the survey is a listing of 2008 individual sales of $10 million or greater
compiled by HVS. HVS defines a major transaction as a sale of a single hotel
at $10 million or greater. Visa/MC/Amex accepted. The survey is in PDF format.
Payment is due in advance.
| Prices $300 USD |
Mid-Market U.S. Hotel Transactions Survey
The HVS 2008 Mid-Market U.S. Transactions Survey provides a listing of sales which occurred in the United States from January through December 2008 at a price of $3.0 million to $9.9 million. The survey represents data compiled by HVS and includes hotel name, city, state, room count, month of sale, sale price, buyer, and/or seller for each transaction. The survey is in PDF format. Payment is due in advance.
| Prices $300 USD |
Surveys from prior years are available for purchase for $250 USD each.
Individual Sale Searches
Individual sales searches
for U.S. transactions are also available at a cost of $40 USD per sale.
Individual searches can take up to 48 business hours to complete.
Search Ordering Information:
For questions or to request information
on an individual sales search, please contact Amy
Beam, Manager of the HVS U.S. Hotel Transactions Database in the HVS
D/FW office directly at abeam@hvs.com.
HVS London releases the latest edition of its annual review of European hotel value trends. The Hotel Valuation Index shows that on average hotel values across Europe fell 13%, the second year in succession the index has shown a drop in value.
| Prices £250 GBP |
Click here to download a complimentary copy |
HVS London publishes its latest European Hotel Transaction Report, reflecting 2009 single asset and portfolio hotel transactions. European hotel investment activity fell by 50% to just over €3 billion: a drop of more than 85% on the volumes of 2007!
| Prices £250 GBP |
Click here to download a complimentary copy |
Now in its sixth year, the London Hotel Salary Report includes data from 66 first class and luxury hotels. The report presents data on the following:
For further information and to purchase a copy, please contact Pooja Vir at pvir@hvs.com.
| Prices $850 USD |
Providing critical data on executive compensation trends for chain restaurants of all sizes, both public and private, and from all segments, it’s the industry’s most comprehensive guide to salary and long term incentive practices. Data covering 78 companies and 22 senior leadership positions is presented via company size, both revenue and units, and via industry segment. All results are confidential, reported in the aggregate, and presented in standard percentile format.
| Prices $500 USD |
An in-depth look at how board compensation is awarded in the hotel, restaurant and gaming industries. The peer group comprises of 118 hospitality organizations, including 31 hotel, 50 restaurant, and 37 gaming companies.
For further information and to purchase a copy, please contact Keith Kefgen at kkefgen@hvs.com.
| Prices $500 USD [ORDER] |
An overview of salaries and benefits awarded to the Executive Committee and Department Head positions at mid-scale, first class and luxury hotels in Brussels. The survey solicited data which covered annual base salary, target bonus, last paid annual bonus and benefits such as housing, car, pension and health insurance. Data in this report has been obtained through a written survey and is self-reported. HVS’ research included specific data from twelve local market competitors.
For further information and to purchase a copy, please contact Pooja Vir at pvir@hvs.com.
| Prices $500 USD [ORDER] |
Twenty-four corporate level positions are profiled. All the data is organized by position title and further segmented by relevant industry benchmarks such as gross revenues and number of units. Compensation trends from 2004 through 2008 are also analyzed.
| Prices This is a complimentary publication |
Click here to download |
Russia’s provinces still hold untapped potential for hotel development. For international operators and developers, the race for the regions is on. In this article, HVS provides you with updated coverage of the ongoing brand race, the hot (and cold) race tracks, who is racing with whom and the expectations of those in the driving seat.
| Prices This is a complimentary publication |
Click here to download |
HVS’s London office released the latest edition of the Hotel Valuation Index (HVI). The survey shows that on average hotel values across Europe, measured in euro, showed the first annual fall in value since 2003.
| Prices This is a complimentary publication |
Click here to download |
HVS is pleased to present a study of compensation trends at hotel properties in Russia, CIS, and the Baltics. Forty-six management and 14 non-management positions are profiled. Data is organized by position title and further segmented by relevant industry benchmarks such as category of the hotel, number of rooms, and geographic location. Compensation trends from 2007 through 2009 are also noted.
For further information and to purchase a copy, please contact Tatiana Veller at tveller@hvs.com.
| Prices $500 USD [ORDER] |
A review of benefits awarded to Executive Committee, Department Head, Managerial and Supervisory positions at five star hotels in key cities in Saudi Arabia. The report presents data on long-term and short-term incentives, benefits such as housing, living, transportation, leave, schooling, insurance and pension. This report includes data from six local market competitors in Jeddah, Riyadh and Makkah.
Click here to submit the order. No credit card is necessary - We can ship an invoice with your publication. In case you wish to purchase this item online using a credit card, click on the "Buy Now" button below.
| Prices $350 USD |
A study of remuneration practices for the General Manager position at key luxury hotels in Germany. The report presents data covering base salary, bonus and benefits such as housing, car, schooling, health insurance and private pension plans. The report includes data from nine local market competitors in Berlin, Frankfurt, Hamburg and Munich.
Click here to submit the order. No credit card is necessary - We can ship an invoice with your publication. In case you wish to purchase this item online using a credit card, click on the "Buy Now" button below.
| Prices $350 USD |
A study of remuneration practices for the General Manager position at luxury hotels in Prague. The reports presents data covering base salary, bonus and benefits such as housing, car, schooling, health insurance and private pension plans. The report includes data from eight local market competitors.
Click here to submit the order. No credit card is necessary - We can ship an invoice with your publication. In case you wish to purchase this item online using a credit card, click on the "Buy Now" button below.
| Prices $350 USD |
Twenty-three retail corporate level positions are profiled. All the data is organized by position title and further segmented by relevant industry benchmarks such as gross revenues and number of units. Compensation trends from 2004 through 2008 are also analyzed.
Click here to submit the order. No credit card is necessary - We can ship an invoice with your publication. In case you wish to purchase this item online using a credit card, click on the "Buy Now" button below.
| Prices $500 USD |
Twenty-three corporate level positions are profiled. All the data is organized by position title and further segmented by relevant industry benchmarks such as gross revenues. Compensation trends from 2004 through 2008 are also analyzed.
Click here to submit the order. No credit card is necessary - We can ship an invoice with your publication. In case you wish to purchase this item online using a credit card, click on the "Buy Now" button below.
| Prices $500 USD |
**You can order both the 2008 HCE Hotel Corporate Report© and the 2008 HCE Hotel Property Report© for $850 USD
Click here to submit the order. No credit card is necessary - We can ship an invoice with your publication. In case you wish to purchase this item online using a credit card, click on the "Buy Now" button below.
| Prices $850 USD |
Thirty-four property level positions are profiled. All the data is organized by position title and further segmented by relevant industry benchmarks such as number of rooms, segment, location, hotel type and geographical region.
Click here to submit the order. No credit card is necessary - We can ship an invoice with your publication. In case you wish to purchase this item online using a credit card, click on the "Buy Now" button below.
| Prices $500 USD |
**You can order both the 2008 HCE Hotel Corporate Report© and the 2008 HCE Hotel Property Report© for $850 USD
Click here to submit the order. No credit card is necessary - We can ship an invoice with your publication. In case you wish to purchase this item online using a credit card, click on the "Buy Now" button below.
| Prices $850 USD |
A review of benefits awarded to Executive Committee, Department Head, Managerial and Supervisory positions at five star hotels in key cities in Saudi Arabia. The survey solicited data covering long-term and short-term incentives, benefits such as housing, living, transportation, leave, schooling, insurance and pension. This report includes data from six local market competitors in Jeddah, Riyadh and Makkah.
| Prices $350 USD [ORDER] |
A study of salary and benefits levels awarded at hotel company regional offices in the Middle East. The survey solicited data covering annual base salary, bonus and benefits such housing, car, pension, health insurance, living allowance, flights home and long-term and short term incentives awarded. This report presents data for the Regional Heads of the Design & Construction, Development, Finance, Human Resources, Operations, and Sales & Marketing divisions and includes specific data from six local market competitors.
| Prices $500 USD [ORDER] |
HVS was commissioned to conduct a study of salary and benefits levels awarded to General Managers at hotels in Abu Dhabi. The survey solicited data covering annual base salary, bonus, and benefits such as housing, car, pension, health insurance, living allowance, flights home and incentives awarded.
| Prices $350 USD [ORDER] |
HVS was commissioned to conduct a study of salary and benefits levels awarded to General Managers at hotels in Amman. The survey solicited data covering annual base salary, bonus, and benefits such as housing, car, pension, health insurance, living allowance, flights home and incentives awarded.
| Prices $350 USD [ORDER] |
HVS was commissioned to conduct a study of salary and benefits levels awarded to General Managers at hotels in Beirut. The survey solicited data covering annual base salary, bonus, and benefits such as housing, car, pension, health insurance, living allowance, flights home and incentives awarded.
| Prices $350 USD [ORDER] |
HVS was commissioned to conduct a study of salary and benefits levels awarded to General Managers at hotels in Dubai. The survey solicited data covering annual base salary, bonus, and benefits such as housing, car, pension, health insurance, living allowance, flights home and incentives awarded.
| Prices $350 USD [ORDER] |
HVS was commissioned to conduct a study of salary and benefits levels awarded to General Managers at hotels in Jeddah. The survey solicited data covering annual base salary, bonus, and benefits such as housing, car, pension, health insurance, living allowance, flights home and incentives awarded.
| Prices $350 USD [ORDER] |
HVS was commissioned to conduct a study of salary and benefits levels awarded to General Managers at hotels in Riyadh. The survey solicited data covering annual base salary, bonus, and benefits such as housing, car, pension, health insurance, living allowance, flights home and incentives awarded.
| Prices $350 USD [ORDER] |
A study of salary and benefits levels awarded to General Manager at five star hotels in Paris. The survey solicited data covering base salary, bonus and benefits including housing allowance, living allowance, travel allowance, car allowance, medical insurance, and pension. HVS’ research included specific data from six local market competitors.
| Prices $350 USD [ORDER] |
An in-depth study of the hospitality industry and employment markets in Russia, Ukraine, Kazakhstan and Azerbaijan. Within this report we have presented data on each country's general economic performance and expected growth, overview of population and demographic trends, standards of living, purchasing power and habits, social security plans and their administration, the state of the labour market, the current state of the local hotel industry including trends in employment and compensation practices, and living conditions for expatriate employees.
| Prices $1250 USD [ORDER] |
A study of remuneration practices for Executive Committee and senior management positions at five star hotels in Jeddah and Makkah. The survey solicited data covering base salary, bonus and benefits such as housing, car, schooling, health insurance and private pension plans. Data from the following report has been obtained through a written survey and is self-reported. This report includes data from nine local market competitors.
| Prices $500 USD [ORDER] |
A study of salary and benefits levels awarded at five star hotels in South Africa. The survey solicited data covering annual base salary, bonus and benefits, outsourced departments and number of part time and full time employees. This report presents data for key positions from General Manager to Waiter and includes specific data from six local market competitors.
| Prices $750 USD [ORDER] |
A study of remuneration practices at five star hotels in Istanbul. The survey solicited data covering base salary, bonus, total annual employment cost, number of employees per department, number of working days and holidays and benefits such as housing, living and travel allowance, car, private medical insurance and private pension plans. Data from the following report has been obtained through a written survey and is self-reported. This report includes data from seven local market competitors.
| Prices $750 USD [ORDER] |
A study of salary and benefits levels awarded at luxury golf resorts in Scotland. The survey solicited data covering Annual Base Salary, Bonus, Bank Holidays, Pension – eligibility, annual employer’s contribution, Private Health Insurance,Child Care Support and other benefits such as Housing Allowance, Living Allowance, Travel Allowance, etc. The survey was carried out for key positions from General Manager to Green Keeper. HVS’ research included specific data from six local market competitors.
| Prices $500 USD [ORDER] |
Based on leading edge and proprietary research, this unprecedented material teaches you about proper due diligence, differences between assessing technical fit and cultural fit and provides detailed probing questions and hidden behavioral indicators so you can evaluate every candidate across the ten core competencies that predict job performance in the service industry -- Leadership, Creativity, Team Building, Self-Efficacy, Sensitivity to Diversity, Loyalty to Company, Sense of Humor, Ethical Awareness, Service Orientation and Problem Solving.
| Prices $399 USD |
** You can order a license for unlimited copies for only $599 USD. |
HVS - An Investment Overview of the U.S. Lodging Industry (2008)
The HVS - An Investment Overview of the U.S. Lodging Industry report provides a survey and analysis of the latest data on supply and demand factors, financing trends, and buyer and seller profiles. The report also includes a detailed overview of domestic and international travel demand factors, room rate trends, and hotel transactions activity over the course of the past three decades. The report is supplemented by a summary of the HVS Hotel Valuation Index, a critical tool for evaluating industry trends and hotel values, as well as a detailed outlook on future trends. This comprehensive, 64-page report provides important data and analysis related to the operating performance and investment history of the U.S. hotel industry. Visa/MC/Amex accepted. Payment is due in advance.
| Prices $900 USD |
HVS’s U.S. Hotel Franchise Development Cost Guide is designed to provide prospective franchisees and interested parties with a summary of the aggregate costs (exclusive of land) involved with developing a new, franchised hotel in the United States.
| Prices This is a complimentary publication |
Click here to download |
HVS releases various publications annually including the Asia Hotel Valuation Index. The Hotel Valuation Index (HVI) is a hotel valuation benchmark developed by HVS International.
| Prices This is a complimentary publication |
Click here to download |
The 2009 U.S. Hotel Valuation Index (HVI), tracking 65 major markets and the United States as a whole, discusses the historical and projected impact of the credit crisis and resultant recession upon U.S. hotel values.
| Prices This is a complimentary publication |
Click here to download |
The U.S. Hotel Valuation Index (HVI) tracks and discusses hotel values in each of the 66 major U.S. markets and for the United States as a whole.
| Prices This is a complimentary publication |
Click here to download |
HVS's annual review of European hotel value trends, the Hotel Valuation Index (HVI), shows that hotel values achieved a third consecutive year of growth, increasing by 9.4% in 2006, compared with an increase of 5.0% in 2005.
| Prices This is a complimentary publication |
Click here to download |
HVS releases various publications annually including the Asia Hotel Valuation Index. The Hotel Valuation Index (HVI) is a hotel valuation benchmark developed by HVS International.
| Prices This is a complimentary publication |
Click here to download |
HVS’s European Hotel Transaction Review analyses the single asset and portfolio hotel transactions that shaped 2006, highlighting the significant increase in the volume of hotels sold: an increase driven yet again by large portfolio transactions.
| Prices This is a complimentary publication |
Click here to download |
A survey of the fees charged by the major hotel franchisors in the economy,
mid-rate, and first-class market segments. This guide enables hotel owners
to easily compare the total cost of one hotel franchise with that of another.
The guide provides a comparative analysis of various hotel franchise companies,
based on the fees they charge.
| Prices This is a complimentary publication |
Click here to download |
A study of employment costs and salaries at hotel properties in Tuscany, Italy. HVS’ research included specific data from five local market competitors.
For further information and to purchase a copy, please contact Pooja Vir at pvir@hvs.com.
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Prices |
HVS is pleased to present a study of salary and benefits levels awarded to hotel management at luxury hotels in Lisbon and Algarve. The survey solicited data covering base salary, bonus, housing allowance, travel allowance, car allowance, medical insurance, and retirement plan. HVS' research included specific data from nine local market competitors.
For further information and to purchase a copy, please contact Pooja Vir at pvir@hvs.com.
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Prices |
HVS is pleased to present a study of remuneration practices at five star luxury hotels in Dubai for the Executive Committee positions. The survey solicited data covering base salary, bonus, total annual employment cost, number of employees per department, number of working days and holidays and benefits such as housing, living and travel allowance, car, private medical insurance and private pension plans. HVS' research included specific data from six local market competitors.
For further information and to purchase a copy, please contact Pooja Vir at pvir@hvs.com.
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Prices |
A study of remuneration practices for the SVP Development position at hotel companies in the Asia Region. The survey solicited data covering annual base salary, bonus, bonus award measurement, long-term incentives and other benefits such as housing allowance, living, car, travel, pension and health insurance. HVS’ research included specific data from eight local market competitors.
For further information and to purchase a copy, please contact Mark Keith at mkeith@hvs.com.
|
Prices |
HVS was commissioned to conduct a study of remuneration practices for the SVP Development position at hotel companies in the EMEA Region. The survey solicited data covering annual base salary, bonus, bonus award measurement, long-term incentives and other benefits such as housing allowance, car, travel, pension and health insurance. HVS' research included specific data from seven local market competitors.
For further information and to purchase a copy, please contact Pooja Vir at pvir@hvs.com.
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Prices |
A study of salary and benefits levels awarded at five star hotels in Cairo. The survey solicited data covering base salary, bonus and benefits including housing allowance, living allowance, travel allowance, car allowance, medical insurance, and pension. HVS’ research included specific data from five local market competitors.
For further information and to purchase a copy, please contact Pooja Vir at pvir@hvs.com.
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Prices |
A study of remuneration practices at five star luxury hotels in Greece. The survey solicited data covering base salary, bonus, total annual employment cost, number of employees per department, number of working days and holidays and hotel facilities comparison. HVS’ research included specific data from five local market competitors.
For further information and to purchase a copy, please contact Pooja Vir at pvir@hvs.com.
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Prices |
A study of salary and benefits levels awarded at hotel company regional sales offices in Europe. The survey solicited data covering annual base salary, bonus and benefits, geographic territory covered, size of team managed, etc. This report presents includes specific data from eight local market competitors.
For further information and to purchase a copy, please contact Pooja Vir at pvir@hvs.com.
|
Prices |
Findings from the 2006 Specialty Apparel Compensation Report© include compensation data from 122 private and public retail companies. The survey is HVS’ third national examination of corporate level compensation within the Specialty Apparel industry, and results of the study cover twenty-three executive positions.
| Prices This is a complimentary publication |
Click here to download |
Twelve corporate level positions are profiled. All the data is organized by position title and further segmented by gross revenues.
| Prices $350 USD |
**You can order both the 2005 HCE Gaming Corporate Annual Report© and the 2005 HCE Gaming Property Annual Report© for $600 USD
| Prices $600 USD |
Twenty five property level positions are profiled. All the data is organized by position title and further segmented by relevant industry benchmarks such as gaming venue, casino square-footage and gross revenues.
| Prices $350 USD |
**You can order both the 2005 HCE Gaming Corporate Annual Report© and the 2005 HCE Gaming Property Annual Report© for $600 USD
| Prices $600 USD |
An in-depth look at how board director compensation in the hotel, chain restaurant, and gaming industries are paid. Additionally, the report speaks to structure in compensation for board committees.
| Prices This is a complimentary publication |
Click here to download |
Your skills will be evaluated and you will be provided with a teleconference coaching-development session. The web-based self-assessment takes approximately 30 minutes to complete. It measures core skills in ten competencies: Leadership, Creativity, Group Process, Self Efficacy, Sensitivity to Diversity, Ethical Awareness, Sense of Humor, Company Loyalty, Service Orientation and Problem Solving. You will receive a skills report, personal and confidential evaluation of your skill-sets so that you can better understand your strengths and weaknesses and plan for continuing professional development.
For questions or to request information, please contact Alan Keith, Vice President.
| Price $250 USD |
An email service that communicates important daily events affecting the hotel industry. The report, which has both North American and Asia-Pacific editions, features real estate, finance, stock market and personnel news in relation to the hotel industry, and is authored by HVS International and Gaming Venture Corp. Click on the link: http://www.gvcu.com/gvcuamerica.htm to view a sample of the Daily Lodging Report. Click on the link: http://www.gvcu.com/hvsorder.htm to order one or both editions of the Daily Lodging Report. To receive information on a free one-month subscription, please contact: awoinski@optonline.net or call Mr. Alan R. Woinski at (201) 599-8484
Hotels and Motels - Valuations and Market Studies
Is
co-authored by Stephen Rushmore,
MAI, CHA and Erich Baum of HVS
International and published by the Appraisal Institute.
Mr. Rushmore has authored all five books on the evolution of hotel valuation
theory for the Appraisal Institute, as well as three other books and over
300 articles on related hotel investment topics. He is a graduate of the
Cornell Hotel School and lectures extensively throughout the world.
Copies of Hotels and Motels - Valuations and Market Studies can be
obtained from the Appraisal Institute for $45.00 (plus postage)- Stock Number-
0688M.
Phone Orders: +1 800-504-7440
Internet
orders:
http://www.appraisalinstitute.org/store/p-19-hotels-and-motels-valuations-and-market-studies.aspx
Fax Orders
http://www.appraisalinstitute.org/publications/downloads/puborder.pdf
Hotel Investments Issues & Perspectives,
2nd Edition
Features the chapter, "Hotel Valuation
Techniques," written by Steve Rushmore and Jan deRoos (Assistant
Professor in the School of Hotel Administration at Cornell University).
To view this 30-page chapter, which contains the latest techniques for estimating
the value of a hotel or motel, click here
(565 KB). If you find the chapter helpful in making or evaluating hotel
investments, there are 13 additional chapters to the book that should also
be of interest.
To order the book,
click here
(19 KB) for the form.