While it is important to take actions during a recession to respond to economic conditions, it is also important to know when not to do something that causes short- and long-term harm to an asset.
Industry Insights
We have written thousands of articles about all aspects of hospitality, including valuations, investing, lending, operations, asset management, and much more.
Managing through a Recession Without Destroying a Hotel's Long-Term Value
While it is important to take actions during a recession to respond to economic conditions, it is also important to know when not to do something that causes short- and long-term harm to an asset.
Las Vegas Casino and Hotel Market Outlook 2009
The downturn in the national and worldwide economies, and the resulting decrease in consumer consumption, has reduced visitation to the Las Vegas market in 2008 to levels not seen since 2004.
HVS Market Intelligence Report: Philadelphia, Pennsylvania
A sluggish national economy hasn’t held back growth in Center City Philadelphia, where expansions of business, tourism, and the convention center bring on a need for new hotels.
HVS Market Intelligence Report: Asheville, North Carolina
Business, tourism, and an idyllic mountain setting are perennial features of Asheville, creating demand for hotels old and new.
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.
Conquering the Credit Crunch: Part I
Unemployment rates are surging, global stock markets are crashing, commodities are collapsing, and the real estate bubble has finally burst. What moves can hotel developers make during the downturn?
Conquering the Credit Crunch: Part II
Hotel owners need professional guidance in this tough economic climate. Here are some tips to help you weather the storm.
Rising Above Terror: A Framework for Tourism Recovery
This article articulates a framework for recovery of the tourism industry from the shadow of terrorism through a three-pronged strategy: safety, image change and domestic tourism promotion.
Market Snapshot - Jerusalem, Israel
An overview of Jerusalem, the city's current supply of hotels and the future supply.
Paid Publication
Steve's Books
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
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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.
Industry Insights
We have written thousands of articles about all aspects of hospitality, including valuations, investing, lending, operations, asset management, and much more.
The downturn in the national and worldwide economies, and the resulting decrease in consumer consumption, has reduced visitation to the Las Vegas market in 2008 to levels not seen since 2004.
A sluggish national economy hasn’t held back growth in Center City Philadelphia, where expansions of business, tourism, and the convention center bring on a need for new hotels.
Business, tourism, and an idyllic mountain setting are perennial features of Asheville, creating demand for hotels old and new.
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.
Unemployment rates are surging, global stock markets are crashing, commodities are collapsing, and the real estate bubble has finally burst. What moves can hotel developers make during the downturn?
Hotel owners need professional guidance in this tough economic climate. Here are some tips to help you weather the storm.
This article articulates a framework for recovery of the tourism industry from the shadow of terrorism through a three-pronged strategy: safety, image change and domestic tourism promotion.
An overview of Jerusalem, the city's current supply of hotels and the future supply.
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 through…
Robust demand in urban centers continues to drive Canadian hotel values despite high interest rate environment.