Daniel P. McCoy, MAI

Senior Managing Director, St. Louis

Experience

As Senior Managing Director and Practice Leader for the U.S. Midwest region, Daniel McCoy, MAI, has completed valuations and appraisals on hotel real estate with an aggregate value of over $5 billion. He has managed thousands of assignments across a wide variety of assets in the Midwest and throughout the country, spanning full-service metropolitan hotels, beachside resorts, roadside motels, wilderness retreats, and virtually every type of property in between. While primarily focused on hotel markets across the Midwest, Dan leverages his national perspective to oversee the appraisal of multi-state hotel portfolios.

Dan is a recognized thought-leader, collaborative advisor, and invaluable resource for the Midwest's lodging industry, combining a deep understanding of regional hotel markets with strong analytical thinking to provide clients with up-to-date hospitality intelligence and tailor-made solutions. He regularly works with a variety of hotel ownership, development, lending, and brokerage professionals, as well as municipalities, public agencies, and attorneys. Dan is praised by clients for his responsiveness, professionalism, and collaborative communication, as well as his consistent delivery of meaningful insight and actionable assignment conclusions.

Dan works with clients to provide services and solutions tailored to their unique needs, including the following: 

  • Lodging market analysis and site evaluation
    • In-depth research of sources and characteristics of demand
    • Exploration of seasonal and day-of-week visitation
    • Analysis of site-location attributes
  • Lodging product recommendations
    • Key count and configuration
    • F&B scope and operational profile 
    • Meeting space 
    • Parking
    • Ancillary facilities and amenities 
  • Proposed hotel performance projections and feasibility analysis
    • Detailed income and expense positioning
    • Development cost evaluation and estimation
    • Return on investment analysis
    • Development incentive evaluation and recommendations
  • USPAP-complaint appraisals for…
    • Development
    • Acquisition or refinancing
    • Financial auditing and reporting
    • Tax appeal
    • Litigation
  • Expert Witness Consulting & Testimony
    • Condemnation/eminent domain
    • Bankruptcy
    • Foreclosure
    • Fraud/breach of contract
    • Determination of damages
A sample of his consulting and appraisal experience in key categories is presented below.

Market Analysis, Site Evaluation, and/or Product Recommendations 
  • Hotel Market Analysis and Site Recommendations (University City, MO; Ottawa, IL)
  • Site Recommendation & Proposed Hotel Study (Mount Carmel, IL)
  • Market Supply-and-Demand Analysis (St. Louis, MO)
  • Market Supply-and-Demand Analysis and Site Evaluation (St. Charles, MO)
Proposed Hotel Projections and/or Feasibility Analysis 
  • Convention Hotel (Memphis, TN)
  • Convention Hotel (Detroit, MI)
  • Destination Resort (Saugatuck MI)
  • Destination Resort (Lake Ozark, MO)
  • Destination Resort (Coachella, CA)
  • The Thompson (Nashville, TN)
  • Hotel St. Louis, Autograph Collection (St. Louis, MO)
  • The Current, Autograph Collection (Davenport, IA)
Litigation Appraisal and Expert Witness
  • Holiday Inn Express (Little Rock, AR)
  • Four Points (Fort Worth, TX)
  • Best Western Plus (Page, AZ)
  • Virgin Hotel (Nashville, TN)
Dan is a Designated Member of the Appraisal Institute (MAI) and a state-certified general appraiser. He received his Bachelor of Science from Truman State University and has authored numerous publications on valuation, lodging, and the hospitality industry.

Connect with Dan on LinkedIn.