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Ryan Mark

Senior Vice President, Denver
  •   [email protected]
  •   +1 (303) 881-4762 (Work)
  •   English
  •   Business Card
  • Consulting Experience
  • Testimonials
  • Employment History
  • Education
  • Hotels Evaluated
  • My Articles

Consulting Experience

A Colorado native, Ryan Mark is a Senior Vice President at the firm’s Denver office, where he has worked since joining HVS in 2014. Ryan has extensive experience in lodging markets throughout Colorado, Wyoming, Utah, and New Mexico, with particular expertise in the greater Denver metropolitan area, the Front Range (Colorado Springs to Fort Collins), and the Colorado mountain markets.

Ryan has consulted and appraised on hundreds of engagements that span a wide array of existing and proposed assets, from owner-operated, limited-service properties to expansive, full-service hotels. Additionally, Ryan has evaluated large resort properties that feature golf, full-service spa, waterpark, and/or ski components. He has consulted on the following notable assets throughout the region:

  • Sheraton Downtown Denver
  • The Crawford Hotel Denver
  • Hyatt Regency Downtown Denver
  • Halcyon, a Hotel in Cherry Creek
  • Hilton Denver Inverness
  • Grand Hyatt Vail
Ryan also specializes in consulting on proposed assets throughout the region, including full-service, mixed-use, and resort developments in urban, suburban, and mountain resort locations. His proposed hotel consulting experience has included a number of notable projects, a sample of which is listed below.
 
  • Proposed Ski Village Powder Mountain (Eden, Utah)
  • Proposed Kimpton Hotel Denver Tech Center (Denver, Colorado)
  • Proposed Village at Wolf Creek (Pagosa Springs, Colorado)
  • Proposed Hotel and Water Park (Leadville, Colorado)
  • Proposed World Trade Center Hotel (Denver, Colorado)
Ryan graduated with a BS in Restaurant and Resort Management from Colorado State University and gained front-line hotel experience at the Hyatt Regency Denver. He is a state-certified general appraiser.

Connect with Ryan on LinkedIn.

Testimonials

"I am writing to express my profound appreciation and commendation for the exemplary services provided by HVS in the valuation of potential hotel developments. Our experience with HVS has been nothing short of outstanding, and it is with great enthusiasm that I share our experiences. Timeliness: In an industry where timing is crucial, HVS has consistently demonstrated an unparalleled commitment to delivering their services promptly. Their ability to adhere to tight schedules without compromising on quality has been a significant factor in the smooth progression of our projects. In every instance, HVS has met, and often exceeded, our expectations in terms of delivering their reports and analyses on time. Accuracy: The accuracy of HVS’s work is, in a word, impeccable. Their valuation reports have provided us with a deep and thorough understanding of the market, financial projections, and potential risks. This level of detail and precision has been instrumental in guiding our decision-making process. The insights provided by HVS have been based on comprehensive data analysis and an in-depth understanding of the hotel industry, which have consistently added substantial value to our projects. Responsiveness: HVS's team deserves special recognition for their responsiveness. Throughout our collaborations, they have been readily available to address queries, provide clarifications, and offer additional insights. Their willingness to engage in thorough discussions and their ability to provide prompt and informed responses have greatly enhanced our working relationship. This level of engagement and support has not only been reassuring but has also fostered a collaborative environment conducive to the success of our projects. In conclusion, the professionalism, expertise, and commitment displayed by HVS in the valuation of potential hotel developments are truly commendable. They have been a vital partner in our endeavors, contributing significantly to our understanding and evaluation of potential hotel development opportunities. I wholeheartedly recommend HVS to any organization seeking expert valuation services in the hospitality sector." – Ned Washburn, Director, RREAF Holdings, LLC

"I continue to turn to the expertise and professionalism of HVS for my property and market valuation needs because they provide me with excellent service, solid support, and understanding with changes and requests. HVS is always available to discuss their reports and support their findings with information that is relevant and concise." – Michael Troglin, Acron

"Ryan Mark did an outstanding job for us on this assignment. I have already referred other hotel developers to HVS for feasibility studies, including Mr. OK, and will have another company to refer in January. Thank you Ryan, and thank you HVS for the good job." – Mr. Berger, Agile Realty Capital

Employment History

2014 to present
HVS CONSULTING AND VALUATION SERVICES
Denver, Colorado

2009 – 2014
Hyatt Regency Denver
Denver, Colorado

Education

Bachelor of Arts
Colorado State University

Other Specialized Training Classes Completed:
Uniform Standards of Professional Appraisal Practice
Basic Appraisal Procedures
Basic Appraisal Principles
General Appraiser Income Approach (Parts I and II)
General Appraiser Market Analysis and HBU
General Appraiser Site Valuation and Cost Approach
General Appraiser Sales Comparison Approach
Real Estate Finance, Statistics, Valuation Modeling
General Appraiser Report Writing and Case Studies
Commercial Appraisal Review
Expert Witness for Commercial Appraisers
Basic Hotel Appraising
Advanced Income
Advanced Market Analysis & HBU
Advanced Concepts and Case Studies
Quantitative Analysis
Biennial USPAP Updates

Hotels Evaluated

Sample List for Illustrative Purposes

PORTFOLIO WORK
6 Extended Stay America Hotels, Denver
 
ALASKA
Barratt Inn, Anchorage
Westmark Baranoff Hotel, Juneau
 
ARIZONA
Proposed SpringHill Suites by Marriott, Avondale
Hotel Warner, Bisbee
Hampton Inn Phoenix Chandler, Chandler
Homewood Suites by Hilton Phoenix Chandler, Chandler
Residence Inn by Marriott Phoenix Chandler Fashion Center, Chandler
SpringHill Suites by Marriott Phoenix Chandler, Chandler
Ramada Kingman, Kingman
Hyatt Place Page, Page
Holiday Inn Express & Suites Phoenix Airport North, Phoenix
Midtown Garden Hotel Phoenix, Phoenix
SpringHill Suites by Marriott Phoenix North, Phoenix
Hampton Inn Sedona, Sedona
Four Points (Conversion to Moxy), Tempe
 
ARKANSAS
Proposed Hotel, Fairfield Bay
 
CALIFORNIA
Proposed Hilton Arcadia, Arcadia
Super 8 Azusa, Azusa
Travelodge Culver City, Culver City
DoubleTree Suites by Hilton Hotel Doheny Beach Dana Point, Dana Point
Glendora Motel, Glendora
Best Western Kettleman City Inn & Suites, Kettleman City
Hotel Queen Mary, Long Beach
Top Hat Motel, Los Angeles
Proposed Upscale Hotel, Palo Alto
Hyatt Place Sacramento Rancho Cordova, Rancho Cordova
SpringHill Suites by Marriott San Diego Mission Valley, San Diego
 
COLORADO
W Aspen, Aspen
Cannabis Ranch Hotel, Aurora
Crestwood Suites, Aurora
Fairfield Inn & Suites by Marriott Denver Aurora Southlands, Aurora
Hilton Garden Inn Denver Airport, Aurora
Hyatt Place Denver Airport, Aurora
Proposed Comfort Inn & Suites, Aurora
Proposed Courtyard by Marriott, Aurora
Proposed Limited-Service Hotel, Aurora
Proposed Residence Inn by Marriott, Aurora
Proposed Upper-Midscale Extended Stay Hotel the Medical Center of Aurora, Aurora
Value Place, Aurora
Ritz-Carlton Bachelor Gulch, Avon
Element Basalt Aspen, Basalt
Proposed Select-Service Hotel, Basalt
Proposed WoodSpring Suites Brighton, Brighton
Basecamp Boulder, Boulder
Courtyard by Marriott Boulder, Boulder
Hyatt Place Boulder Pearl Street, Boulder
Proposed Hotel North Boulder, Boulder
Proposed Residence Inn by Marriott, Boulder
Proposed Extended-Stay Hotel, Broomfield
Proposed Flatiron Crossing Mall Hotel, Broomfield
Proposed Residence Inn Palisade Park, Broomfield
Proposed WoodSpring Suites Broomfield, Broomfield
Hampton by Hilton Canon City, Canon City
Proposed Hotel at River Valley Ranch, Carbondale
Proposed Full-Service Hotel Millers Landing, Castle Rock
Proposed WoodSpring Suites Castle Rock, Castle Rock
Holiday Inn & Suites Denver Tech Center-Centennial, Centennial
Crestwood Suites, Colorado Springs
DoubleTree by Hilton Colorado Springs World Arena, Colorado Springs
Econo Lodge North Academy Colorado Springs, Colorado Springs
Fairfield Inn & Suites Colorado Springs North/Air Force Academy, Colorado Springs
Hilton Garden Inn Colorado Springs Airport, Colorado Springs
Homewood Suites by Hilton Colorado Springs Airport South, Colorado Springs
Hyatt House Colorado Springs, Colorado Springs
Lodge at Flying Horse, Colorado Springs
Proposed Cambria Suites Colorado Springs, Colorado Springs
Proposed Home2 Suites Colorado Springs Central, Colorado Springs
Proposed Hotel at Flying Horse North, Colorado Springs
Proposed Mercantile Hotel, Colorado Springs
Proposed Tribute by Marriott Colorado Springs, Colorado Springs
Value Place, Colorado Springs
Proposed Holiday Inn & Suites Commerce City, Commerce City
Hampton Inn, Craig
Elevation Hotel & Spa, Crested Butte
Nordic Inn, Crested Butte
All Inn Motel, Denver
Brown Palace, Denver
Clayton Membership Club & Hotel, Denver
The Crawford Hotel, Denver
Courtyard by Marriott Denver Central Park, Denver
Curtis DoubleTree Hotel, Denver
Embassy Suites Downtown, Denver
Fairfield Inn & Suites by Marriott Denver Airport, Denver
Grand Hyatt Denver, Denver
Halcyon a Hotel in Cherry Creek, Denver
Holiday Inn Express Denver Downtown, Denver
Hyatt Regency Denver Colorado Convention Center, Denver
Hyatt Regency Denver Tech Center, Denver
Kimpton Hotel Denver Tech Center, Denver
Magnolia Hotel Denver a Tribute Portfolio Hotel, Denver
Proposed AC by Marriott, Denver
Proposed AC by Marriott Denver RINO, Denver
Proposed All Inn Motel, Denver
Proposed Best Western, Denver
Proposed Courtyard Denver, Denver
Proposed Curio Denver, Denver
Proposed Element DIA, Denver
Proposed Four Points by Sheraton Gateway Park, Denver
Proposed Hotel Denver, Denver
Proposed Hyatt Place DIA, Denver
Proposed Luxury Hotel Denver, Denver
Proposed Populus Hotel, Denver
Proposed RINO Walnut Hotel, Denver
Proposed Select-Service Hotel Cherry Creek, Denver
Proposed TownePlace Suites Denver Airport, Denver
Proposed Vib Hotel Denver Rino, Denver
Proposed World Trade Center Hotel, Denver
Renaissance, Denver
Sheraton Denver Downtown Hotel, Denver
Spark by Hilton Denver International Airport, Denver
SpringHill Suites by Marriott Denver Airport, Denver
Tru by Hilton Denver Downtown Convention Center, Denver
Cascade Village, Durango
Proposed Home2 Suites by Hilton Durango, Durango
Hilton Denver Inverness, Englewood
Homewood Suites by Hilton Denver Tech Center, Englewood
McGregor Mountain Lodge Estes Park, Estes Park
Holiday Inn Express & Suites Firestone Longmont, Firestone
Proposed Holiday Inn Express, Firestone
Value Place, Firestone
Armstrong Hotel Fort Collins, Fort Collins
El Palomino Motel, Fort Collins
Fairfield by Marriott Fort Collins South, Fort Collins
Hampton Inn, Fort Collins
Hilton Garden Inn, Fort Collins
Proposed Fairfield Inn & Suites, Fort Morgan
Proposed Harmony Road Hotel, Fort Collins
Holiday Inn Express Glenwood Springs, Glenwood Springs
Hotel Denver, Glenwood Springs
Hotel Glenwood Springs, Glenwood Springs
Proposed WoodSpring Suites Golden, Golden
Americas Best Value Inn, Grand Junction
Days Inn, Grand Junction
DoubleTree by Hilton Grand Junction, Grand Junction
Holiday Inn Hotel & Suites Grand Junction Airport, Grand Junction
La Quinta Inn & Suites, Grand Junction
Mesa Inn, Grand Junction
Fairfield by Marriott Greeley, Greeley
Proposed Hotel Maddie, Greeley
Proposed Residence Inn by Marriott Greeley, Greeley
Proposed WoodSpring Suites Greeley, Greeley
Courtyard by Marriott Denver Tech Center, Greenwood Village
DoubleTree by Hilton Denver Tech Center, Greenwood Village
La Quinta Inn & Suites Denver Englewood Tech Center, Greenwood Village
Proposed Element, Greenwood Village
Sheraton Denver Tech Center, Greenwood Village
Proposed TownePlace Suites by Marriott Eagle, Gypsum
Argo Inn & Suites, Idaho Springs
H&H Motor Lodge, Idaho Springs
Proposed Hampton Inn, Lafayette
Courtyard by Marriott Denver Southwest Lakewood, Lakewood
Homewood Suites by Hilton Denver West Lakewood, Lakewood
Proposed Hampton by Hilton, Lakewood
Residence Inn by Marriott Denver Southwest Lakewood, Lakewood
Proposed Hotel and Waterpark Leadville, Leadville
Proposed Courtyard by Marriott Highlands Ranch, Littleton
Proposed Residence Inn, Littleton
Proposed Staybridge Suites, Littleton
Element Hotel, Lone Tree
Candlewood Suites Longmont, Longmont
Fairfield Inn & Suites Boulder Longmont, Longmont
Embassy Suites Loveland, Loveland
Proposed Select-Service Hotel, Longmont
Proposed Downtown Loveland Hotel, Loveland
Proposed TownePlace Suites by Marriott, Loveland
Proposed Boutique Hotel Lyons, Lyons
Stone Mountain Lodge, Lyons
Silver Saddle Motel, Manitou
Sundance Mountain Lodge, Monument
Beaumont Hotel & Spa, Ouray
Proposed Village at Wolf Creek, Pagosa Springs
Proposed Parker Hotel, Parker
Proposed SpringHill Suites by Marriott, Parker
La Quinta Inn & Suites, Pueblo
Redstone Castle, Redstone
Hampton by Hilton Rifle, Rifle
High Chaparral Inn, Rocky Ford
Hampton Inn, Silverthorne
Proposed TownePlace Suites, Silverthorne
Viewline Resort Snowmass, Autograph Collection, Snowmass
Fairfield Inn by Marriott, Steamboat Springs
Holiday Inn Steamboat Springs, Steamboat Springs
La Quinta Inn Steamboat Springs, Steamboat Springs
Proposed Residence Inn by Marriott, Steamboat Springs
Proposed Holiday Inn Express, Sterling
Hilton Garden Inn Denver Thornton, Thornton
Proposed Homewood Suites by Hilton, Thornton
Proposed TownePlace Suites by Marriott, Thornton
Hotel Talisa Vail, A Luxury Collection Resort, Vail
Cottonwood Suites, Westminster
DoubleTree by Hilton, Westminster
Hampton by Hilton Denver Northwest Westminster, Westminster
La Quinta Inn Denver Northglenn, Westminster
Proposed Aloft, Westminster
Proposed SpringHill Suites by Marriott, Westminster
Residence Inn by Marriott Denver North Westminster, Westminster
Proposed Hampton by Hilton Wheat Ridge, Wheat Ridge
Proposed Upscale Select-Service Hotel, Winter Park
Winter Park Mountain Lodge, Winter Park
Proposed Hotel, Wolcott
Proposed Holiday Inn Express, Woodland Park
Proposed Limited-Service Hotel, Woodland Park
Proposed Select-Service Hotel, Woodland Park
 
CONNECTICUT
Roger Sherman Inn, New Canaan
Niantic Motel, Niantic
Red Carpet Inn Stamford, Stamford
 
DELAWARE
Fairview Inn Wilmington, Wilmington
 
FLORIDA
Proposed Office Conversion Hotel, Clearwater
Hyatt Place, Delray Beach
Hyatt Place at Coconut Point, Estero
Home2 Suites by Hilton Florida City Florida, Florida City 
Tru by Hilton Florida City, Florida City
Hyatt Place 17th Street Convention Center, Fort Lauderdale
Courtyard by Marriott Orlando Lake Mary North, Heathrow
Proposed Bloom Boutique Hotel, Miami Beach
Stiles Hotel, Miami Beach
Comfort Inn, Midway
DoubleTree by Hilton East, Orlando
Hilton Garden Inn Orlando @ SeaWorld, Orlando
Sheraton Downtown, Orlando
Best Western Plus Palm Beach Gardens Hotel & Suites and Conference Center, Palm Beach Gardens
Proposed Tru by Hilton Port St. Lucie, Port St. Lucie
Wyndham Garden Tallahassee Capitol, Tallahassee
Hampton Inn Ybor City, Tampa
Proposed Midscale Hotel, Tampa
 
GEORGIA
Georgia Tech Hotel & Conference Center, Atlanta
Proposed Fairfield Inn & Suites by Marriott Atlanta SoNo, Atlanta
Country Inn & Suites, Conyers
Sonesta Gwinnett Place Atlanta, Duluth
Proposed Fairfield Inn by Marriott, Hiram
Radisson Hotel Atlanta Northwest, Marietta
 
IDAHO
Courtyard by Marriott, Boise
Hotel 43, Boise
Proposed Staybridge Suites Idaho Falls, Idaho Falls
Home2 Suites by Hilton Pocatello, Pocatello
 
ILLINOIS
Hyatt Place Champaign Urbana, Champaign
Fairfield Inn by Marriott, Forsyth
Best Western Plus, Olney
Courtyard by Marriott Peoria, Peoria
State House Inn a Red Collection Hotel, Springfield
Fairfield Inn & Suites by Marriott, Tinley Park
 
INDIANA
Hampton by Hilton Bloomington, Bloomington
Westin, Indianapolis
Holiday Inn Lafayette City Centre, Lafayette
 
IOWA
Hampton by Hilton Altoona Des Moines, Altoona
 
KANSAS
Proposed Hampton Inn, Gardner
Proposed TownePlace Suites Hays, Hays
Courtyard by Marriott Kansas City Convention Center, Overland Park
Courtyard by Marriott Wichita Old Town, Wichita
 
KENTUCKY
Proposed Extended Stay America Premier Suites, Louisville
 
LOUISIANA
Courtyard by Marriott, Metairie
Residence Inn by Marriott, Metairie
 
MAINE
Acadia Sunrise Motel, Trenton
 
MARYLAND
Residence Inn Baltimore at The Johns Hopkins Medical Campus, Baltimore
Comfort Inn at Joint Base Andrews Clinton, Clinton
Westin Washington National Harbor, National Harbor
Proposed Hampton by Hilton, St. Michaels
 
MASSACHUSETTS
Holiday Inn Missoula Downtown, Missoula
Fairfield by Marriott Boston Walpole, Walpole
 
MINNESOTA
Holiday Inn Express Hotel & Suites Chanhassen, Chanhassen
AmericInn, Sartell
 
MISSOURI
Hampton Inn Saint Louis Westport, Maryland Heights
Proposed Aloft-Element Kansas City, North Kansas City
Holiday Inn Express St. Louis Central West End, St. Louis
 
MONTANA
Crowne Plaza, Billings
Residence Inn by Marriott, Bozeman
Quality Inn, Great Falls
 
NEVADA
SpringHill Suites by Marriott Las Vegas North Speedway, North Las Vegas
 
NEW JERSEY
Hyatt House Parsippany Whippany, Whippany
 
NEW MEXICO
Hampton Inn Alamogordo, Alamogordo
Holiday Inn Express & Suites Alamogordo, Alamogordo
Best Choice Inn, Albuquerque
Residence Inn by Marriott Albuquerque North, Albuquerque
La Quinta, Hobbs
Sleep Inn, Hobbs
MEA Santa Fe at Rising Circle Ranch, Lamy
Hilton Santa Fe Historic Plaza, Santa Fe
Residence Inn by Marriott Santa Fe, Santa Fe
Rosewood Inn of the Anasazi, Santa Fe
Santa Fe Sage Inn & Suites, Santa Fe
El Monte Sagrado, Taos
 
NEW YORK
Proposed LIVY Hotel Buffalo, Buffalo
Holiday Inn Express Oneonta, Oneonta
 
NORTH CAROLINA
DoubleTree by Hilton Hotel Atlantic Beach Oceanfront, Atlantic Beach
Proposed SpringHill Suites Fayetteville, Fayetteville
 
NORTH DAKOTA
MainStay Suites Stanley, Stanley
 
OKLAHOMA
Holiday Inn Express & Suites, Duncan
 
OREGON
Proposed Fairfield Inn & Suites Klamath Falls, Klamath Falls
Dossier Hotel, Portland
 
PENNSYLVANIA
Delta Hotels by Marriott Allentown Lehigh Valley, Breinigsville
Proposed Best Western Plus Lickdale, Jonestown
 
RHODE ISLAND
Ramada, Middletown
 
SOUTH CAROLINA
Hotel Indigo Mount Pleasant, Mount Pleasant
 
SOUTH DAKOTA
Proposed Full-Service Hotel, Sioux Falls
 
TENNESSEE
Homewood Suites by Hilton Nashville Franklin Cool Springs, Franklin
Courtyard by Marriott Memphis Germantown, Germantown
Fairfield Inn & Suites by Marriott, Germantown
Homewood Suites by Hilton, Germantown
Residence Inn by Marriott, Germantown
Hotel Knoxville, Knoxville
Hampton Inn Memphis Poplar, Memphis
Hyatt Place Memphis Wolfchase Galleria, Memphis
Residence Inn by Marriott Nashville Mt Juliet, Mount Juliet
Hampton Inn, Pickwick Dam
 
TEXAS
Days Inn, Amarillo
Oakwood Suites, Andrews
Hampton Inn Houston Baytown, Baytown
Super 8 Fort Stockton, Fort Stockton
Hampton Inn Houston Northwest, Houston
Proposed Aloft, Houston
Hampton Inn, Kilgore
La Quinta Inns & Suites Monahans, Monahans
Staybridge Suites Odessa Interstate HWY 20, Odessa
Holiday Inn Express Houston Southwest Sugar Land, Sugar Land
Candlewood Suites, Texarkana
 
UTAH
Snowpine Lodge, Alta
Proposed La Quinta Inn & Suites American Fork, American Fork
Proposed WoodSpring Suites Bluffdale, Bluffdale
Proposed EverHome Suites Draper, Draper
Proposed Ski Village Powder Mountain, Eden
Proposed EverHome Suites Farmington, Farmington
Proposed WoodSpring Suites Farmington, Farmington
Strawberry Bay Lodge, Heber City
Proposed EverHome Suites Herriman, Herriman
Proposed EverHome Suites Kaysville, Kaysville
Hampton Inn, Layton
Proposed WoodSpring Suites Lehi Gardner Cold Springs, Lehi
Proposed WoodSpring Suites Lindon, Lindon
Best Western Plus, Midvale
Best Western Canyonlands, Moab
Proposed Curio by Hilton, Moab
Proposed WoodSpring Suites Orem, Orem
Sheraton Park City, Park City
DoubleTree by Hilton Hotel Salt Lake City Airport, Salt Lake City
Sheraton Salt Lake City Center, Salt Lake City
Holiday Inn Express, Sandy
Proposed EverHome Suites Saratoga Springs, Saratoga Springs
Proposed WoodSpring Suites Saratoga, Saratoga Springs
Proposed Microtel, Springville
Proposed Inn at Sundance Mountain Resort, Sundance
Proposed WoodSpring Suites Syracuse, Syracuse
Proposed WoodSpring Suites West Haven, West Haven
Proposed WoodSpring Suites West Jordan, West Jordan
Proposed WoodSpring Suites West Jordan Copper Rim, West Jordan
Proposed WoodSpring Suites West Valley, West Valley
 
VERMONT
Killington Mountain Lodge Tapestry Collection by Hilton, Killington
 
VIRGINIA
Courtyard by Marriott Charlottesville, Charlottesville
Proposed Tru by Hilton, Christiansburg
 
WASHINGTON
Hotel Murano, Tacoma
 
WYOMING
Hilton Garden Inn Casper, Casper
Proposed Hyatt Place Casper, Casper
Old Corral Hotel, Centennial
Hampton Inn by Hilton, Cheyenne
Holiday Inn, Cheyenne
Trails End, Dubois
TownePlace Suites by Marriott, Gillette
Anvil Hotel, Jackson
Homewood Suites by Hilton Jackson, Jackson
Lodge at Jackson Hole, Jackson
Wyoming Inn of Jackson, Jackson
Turpin Meadow Ranch, Moran

My Articles

Notable Resort Developments in Telluride

Over the past decade, Telluride has gained popularity as a secluded resort destination during both the summer and winter months. As a result, the luxury-resort segment is expanding in this market.
  • December 5, 2023 By Katy Black, MAI , Ryan Mark
  • Development & Construction , Travel & Tourism , Economic Trends and Cycles , Resorts , Resort Residential , Telluride , Colorado , United States , North America

Extended-Stay Hotels: One of the Fastest Growing Segments in the U.S.

While several new brands have emerged within the limited- and select-service segments over the past decade, the expansion of extended-stay brands was limited prior to 2021, and many of the U.S. hotels within this segment were dated. However, during the last two years, economy and midscale extended-stay brands have experienced a significant expansion.
  • May 22, 2023 By Ryan Mark
  • Hotel Operations , Development & Construction , Economic Trends and Cycles , Hotel Brands , Hotel Franchises , United States , North America

Salt Lake City Development Spurs Additional Investor Interest in This Emerging Hotel Market

Salt Lake City has historically played second fiddle to larger Rocky Mountain cities such as Denver; however, a new convention hotel, a multimillion-dollar airport expansion, and the state's popularity as a leisure destination in both the summer and winter have elevated Salt Lake City's position from a regional to a national player for hotel investment.
  • December 26, 2022 By Ryan Mark , Lauren M. Reynolds
  • Hotel Operations , Development & Construction , Travel & Tourism , Economic Trends and Cycles , COVID-19 , Salt Lake City , Utah , United States , North America

HVS Market Pulse – Salt Lake City, Utah

Salt Lake City is well positioned for a strong recovery. Several office, hospitality, and residential projects downtown are ongoing and should support a swift recovery and continued growth in a post-pandemic environment. The addition of a convention center headquarters hotel, a potential bid for a future Winter Olympics, a new terminal and expanded airport, a favorable business climate, and proximity to the mountains are factors that are contributing to an overall positive long-term outlook.
  • September 15, 2021 By Katy Black, MAI , Ryan Mark
  • Hotel Operations , Development & Construction , Travel & Tourism , Economic Trends and Cycles , COVID-19 , Salt Lake City , Utah , United States , North America

COVID-19’s Impact on Values

Since mid-summer, we have re-appraised 140 hotels that we valued in the years and months leading up to the onslaught of the COVID-19 pandemic in March 2020. Not every hotel has lost value, but value declines have predominantly fallen in the range of 15% to 30%.
  • November 5, 2020 By Rod Clough, MAI , Ryan Mark
  • Hotel Investments & Ownership , Valuations & Market Studies , Economic Trends and Cycles , COVID-19 , North America , United States

In Focus: Denver, CO

Denver’s growth this year reflects what many hotel developers and owners have been witnessing—as a market for jobs, business, and development, Denver continues to outperform.
  • November 16, 2015 By Ryan Mark
  • Development & Construction , Valuations & Market Studies , Travel & Tourism , Economic Trends and Cycles , Colorado , North America , United States , Denver

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