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?
Industry Insights
We have written thousands of articles about all aspects of hospitality, including valuations, investing, lending, operations, asset management, and much more.
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
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.
The Changing Face of the Greek Hospitality Market
This article summarizes the historical tourism trends in Greece until 2007 and describes the most significant new hotel developments expected to beacon the tranformation of the country into a major competitive player in the global hospitality market.
Hong Kong Market Outlook
Financial Market Turmoil and Global Recession – What are the Signs for Hotels in Asia’s World City?
Tim Smith's Letter To Santa Claus
Tim Smith, a director with HVS's London office, describes his ten wishes for the UK hotel industry in 2009
What Hotel Stakeholders Need to Know about the Other Side of the Financial Meltdown
The lending climate in the U.S. will remain tough as we head into 2009, but certain opportunities lie in wait.
Space For More? Market Analysis - Amsterdam, The Netherlands
A summary of the hotel market in Amsterdam including visitation, hotel supply and market performance
Industry Insights
We have written thousands of articles about all aspects of hospitality, including valuations, investing, lending, operations, asset management, and much more.
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…
This article summarizes the historical tourism trends in Greece until 2007 and describes the most significant new hotel developments expected to beacon the tranformation of the country into a major competitive player in the global hospitality market.
Financial Market Turmoil and Global Recession – What are the Signs for Hotels in Asia’s World City?
Tim Smith, a director with HVS's London office, describes his ten wishes for the UK hotel industry in 2009
The lending climate in the U.S. will remain tough as we head into 2009, but certain opportunities lie in wait.
A summary of the hotel market in Amsterdam including visitation, hotel supply and market performance
Robust demand in urban centers continues to drive Canadian hotel values despite high interest rate environment.