Michael Smithson

Consulting Experience

Michael Smithson, Vice President of our HVS Phoenix office, has a passion for all the intricacies of hotel development, financing, and valuation. Michael’s hospitality expertise includes consulting on more than 50 hotel assets across the state of Arizona. Michael graduated magna cum laude with a BS in Hotel and Restaurant Management, with a concentration in Hotel Development and minor in Finance, from the Conrad N. Hilton College at the University of Houston. While in school he served on the board of the university’s Hospitality Financial and Technology Professionals (HFTP) chapter, which received the Chapter of the Year and Chapters’ Choice awards during his tenure. Michael is a Certified Hotel Industry Analyst (CHIA).

Employment History

2016 to present
HVS CONSULTING AND VALUATION SERVICES
Phoenix, Arizona

2014 – 2016
HYATT REGENCY HOUSTON
Houston, Texas

2011 – 2012
JOE’S CRAB SHACK
Kemah, Texas

Education

BS – Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston

Other Specialized Training Classes Completed:
STR Certified Hotel Industry Analyst
Uniform Standards of Professional Appraisal Practice (USPAP) – 15 hours
Basic Appraisal Principles – 30 hours
Basic Appraisal Procedures – 30 hours
General Appraiser Income Approach (Parts I and II) – 60 hours
General Appraiser Market Analysis and HBU – 30 hours
General Appraiser Sales Comparison Approach – 30 hours
Real Estate Finance, Statistics, and Valuation Modeling – 15 hours
Advanced Income – 30 hours
General Appraiser Report Writing and Case Studies – 30 hours
Expert Witness – 15 hours
Commercial Appraisal Review – 15 hours

Hotels Evaluated

Sample List for Illustrative Purposes

ARIZONA 
Proposed Hilton-Brand Hotel, Buckeye
Proposed Limited-Service Hotel at the Promenade, Casa Grande
Hilton, Chandler
Hyatt Place, Chandler
TownePlace Suites by Marriott, Chandler
Motel 6, Douglas
Knights Inn, Flagstaff
Rodeway Inn Downtown, Flagstaff
Proposed Holiday Inn Express, Gilbert
Residence Inn by Marriott Phoenix Gilbert, Gilbert
Proposed La Quinta, Holbrook
Proposed Holiday Inn Express, Lake Havasu City
Travelodge, Lake Havasu City
Econo Lodge Inn & Suites, Mesa
Proposed Hotel near Phoenix Mesa Gateway Airport, Mesa
Residence Inn Phoenix Mesa East, Mesa
Proposed Resort Page, Page
Comfort Inn, Payson
Holiday Inn Express Hotel & Suites Peoria North Glendale, Peoria
Courtyard Phoenix North Metrocenter, Phoenix
Crowne Plaza Phoenix Airport PHX, Phoenix
Econo Lodge at Metro Center, Phoenix
Hilton Phoenix Airport, Phoenix
Holiday Inn & Suites Phoenix Airport North, Phoenix
Knights Inn Fairground Phoenix, Phoenix
Proposed AC Hotel Marriott Phoenix Downtown, Phoenix
Proposed Dual-Branded Hotel Happy Valley, Phoenix
Proposed Fairfield Inn & Suites, Phoenix
Proposed Holiday Inn Express Happy Valley, Phoenix
Proposed Hotel at Park Central Mall, Phoenix
Proposed Hyatt Place Downtown Phoenix, Phoenix
Residence Inn by Marriott Phoenix Desert View at Mayo Clinic, Phoenix
Sleep Inn Phoenix North, Phoenix
Travelodge, Phoenix
Wyndham Garden Hotel Phoenix Midtown, Phoenix
Proposed Hotel Downtown Prescott, Prescott
Proposed Hotel, Queen Creek
Navajoland Inn & Suites Saint Michaels Arizona, Saint Michaels
Embassy Suites by Hilton Scottsdale Resort, Scottsdale
Proposed Canopy Scottsdale, Scottsdale
Proposed Element Hotel at Skysong, Scottsdale
Proposed Home2 Suites/Tru Scottsdale Salt River, Scottsdale
Proposed Residence Inn by Marriott Scottsdale Salt River, Scottsdale
Aloft, Scottsdale
Proposed Fairfield Inn & Suites DC Ranch, Scottsdale
Arabella Hotel Sedona, Sedona
Candlewood Suites, Sierra Vista
Holiday Inn Express, Sierra Vista
Hampton Inn & Suites Phoenix/Tempe ASU Area, Tempe
MOXY Phoenix Tempe/ASU Area, Tempe
Proposed Canopy by Hilton, Tempe
Proposed Curio Tempe, Tempe
Proposed Full-Service Hotel, Tempe
Landmark Lookout Lodge, Tombstone
Proposed Best Western, Topock
Country Inn & Suites Tucson City Center, Tucson
The Downtown Clifton Hotel, Tucson
JW Marriott Starr Pass Resort & Spa, Tucson
Proposed Graduate Hotel Tucson, Tucson
Proposed Hampton Inn Rita Road, Tucson
Radisson Suites Tucson, Tucson
Sheraton Hotel & Suites, Tucson
La Quinta Inns & Suites Williams Grand Canyon Area, Williams
Mountain Side Inn, Williams
Mstar Hotel Route 66-Grand Canyon, Williams
  
CALIFORNIA 
Marriott Oakland City Center, Oakland
Proposed WoodSpring Suites, Sacramento
Proposed La Quinta, Santa Maria
Americas Best Value Inn Casino Center Lake Tahoe, South Lake Tahoe
 
COLORADO
Proposed AC by Marriott, Durango
Stagecoach Motel, La Junta
  
GEORGIA 
Country Inn & Suites, Conyers
  
INDIANA 
WoodSpring Suites, Evansville
 
MONTANA 
Residence Inn by Marriott, Bozeman
  
NEVADA 
Econo Lodge Near Reno Sparks Convention Center, Reno
 
NEW MEXICO 
Proposed TownePlace Suites Albuquerque, Albuquerque
Sleep Inn & Suites, Carlsbad
Proposed Hotel, Ruidoso
Days Inn, Taos
Super 8, Taos
  
SOUTH DAKOTA 
Super 8, Sisseton
  
TENNESSEE 
WoodSpring Suites, Johnson City
  
TEXAS 
Embassy Suites by Hilton Amarillo Downtown, Amarillo
  
UTAH 
Best Western Plus Landmark Hotel, Ballard
M-Star Cedar City, Cedar City
Rodeway Inn, Cedar City
Proposed Country Inn & Suites, Kanab
Proposed Hyatt Place, Kanab
Oak Tree Inn, Milford
Quality Inn, Price

State Certification

Arizona
Colorado
 

My Articles

HVS Market Pulse: Greater Phoenix, AZ

Phoenix is undergoing economic expansion after extended post-recession recovery. Hotel-performance growth continues despite post-Super Bowl ADR correction and a large new supply pipeline; however, supply growth will soon overtake increases in demand.

• August 15, 2018 By Michael Smithson

• Development & Construction , Valuations & Market Studies , Travel & Tourism , Economic Trends and Cycles , North America , Arizona , United States , Phoenix

HVS Market Pulse: Tucson, AZ

While Tucson may be overshadowed by Phoenix, the market is making strides in its own right. New supply remains at healthy levels and is not expected to negatively affect performance for the greater market.

• July 23, 2018 By Michael Smithson

• Development & Construction , Valuations & Market Studies , Travel & Tourism , Economic Trends and Cycles , Arizona , Tucson , United States , North America

Market Pulse: Tucson, AZ

Having struggled since the recession, hotel performance in Tucson has begun to rebound. New developments in the city, coming during a maturing national lodging cycle, should help the market gain momentum.

• March 13, 2017 By Michael Smithson , Ryan Wall

• Development & Construction , Valuations & Market Studies , Travel & Tourism , Economic Trends and Cycles , United States , Tucson , Arizona , North America