Certified Hotel Appraiser & Certified Hotel Valuer

The "How to Value a Hotel" online course teaches how to perform a hotel valuation using Rushmore's Modern Hotel Valuation Methodology.  Designed for experienced appraisers looking to specialize in valuing hotels or new valuers starting their careers, this course provides all the knowledge and tools needed to evaluate hotel markets, forecast income and expense, and value all types of hotels.  For the final project, students value an actual hotel. 

You will be working with the latest version (6.0) of Steve's Hotel Market Analysis and Valuation Software- three powerful software models that have become the hotel industry standard for hotel valuations and investment analysis throughout the world.  By the end of the course, you will be able to perform your own hotel market analysis and valuation plus many other applications.

The course consists of video lectures, readings, hands-on software case studies, quizzes, and a final project valuing an actual hotel.  It should take about 20-35 hours to complete the 75 short lessons.  You can start at any time and proceed at your own pace during your free time.  

Steve Rushmore will be available via Zoom to answer your questions and provide support.  

Upon successfully completing the course and final project you will receive the Certified Hotel Appraiser (CHA) or a Certified Hotel Valuer (CHV) certification.  These certifications recognizing your hotel valuation skills will set you apart from other appraisers and consultants.

The cost for the "How to Value a Hotel" course is $895 which includes the following: 

• Access to the course
• Unlimited downloads of the software, articles, and publications
• One-on-one Zoom calls with Steve Rushmore
• Upon completion of the course and a passing grade on the final project, you will receive the certification certificate (via e-mail) suitable for framing
• With your permission copies of your certificate will be e-mailed to prospective employers and anyone else you designate.
• Your name will appear in the Directory of CHA and CHV members 
• Free software upgrades of Version 6.0

Hotel Market Analysis and Valuation Software was developed by Steve Rushmore for his firm- HVS. It has been enhanced by Professor Jan deRoos of the Cornell Hotel School. This software has been the most downloaded product on the Cornell website and is used by thousands of hotel professionals around the world. 

The software is designed specifically to assist in the preparation of hotel market studies, forecasts of income and expense, and hotel valuations. The software provides the framework to develop detailed forecasts of occupancy, average room rates, revenues, expenses, and valuations that can be used as a basis for hotel market studies and valuations. It consists of three separate Excel models:

• Hotel Market Analysis and ADR Forecasting Model
• Hotel Revenue and Expense Forecasting Model
• Hotel DCF Mortgage Equity Valuation Model.

This software package also provides answers to a wide range of key hotel investment questions such as How much is my hotel worth? What can I do to maximize value? What is the likely impact of new competition? How much value will a refurbishment add? Is my market strong enough to support adding more hotel rooms? What is the impact of my brand adding another hotel to the market? 

If your role includes responsibility for performing hotel valuations and associated financial analyses- you need to include this software in your business toolbox.

For more information on Hotel Market Analysis and Valuation Software go to www.hotelvaluationsoftware.com

Steve Rushmore, MAI, CHA is the Founder of HVS- a global hotel consulting organization with more than 50 offices around the world. He has provided consultation services for more than 15,000 hotels during his 50-year career and specializes in complex issues involving hotel valuation, feasibility, and financing. 

As the leading authority and prolific author on the topic of hotel valuations, Steve has written all five hotel valuation textbooks and two seminars for the Appraisal Institute and is known as the “Creator of the Modern Hotel Valuation Methodology.”  He has also authored three reference books on hotel investing and has published more than 300 articles. Steve developed the Hotel Market Analysis & Valuation Software used by HVS and thousands of hotel appraisers/consultants, owners, and lenders throughout the world. 

Steve lectures extensively on hotel valuations and has taught hundreds of classes and seminars to more than 20,000 industry professionals. He is also a frequent lecturer at major hotel schools and universities including Cornell, Glion, Hong Kong Polytechnic, EHL, Florida International University, IMHI, Michigan State, Penn State, Houston, NYU, and the Harvard Business School. 

Steve’s most recent contribution to hotel valuation education is his online course- “How to Value a Hotel.”  Designed for experienced appraisers looking to specialize in valuing hotels or new valuers starting their careers, the course provides the knowledge and tools needed to evaluate hotel markets, forecast income and expense, and value all types of hotels.  For the final project, students value an actual hotel.  

Upon successfully completing Steve’s course- students receive the Certified Hotel Appraiser (CHA) or Certified Hotel Valuer (CHV) certification recognizing their unique knowledge and skills used to value hotels.

Steve has a BS degree from the Cornell Hotel School, an MBA from the University of Buffalo, and attended the OPM program at the Harvard Business School. He held the MAI and FRICS appraisal designations and is a CHA (certified hotel administrator). 

In his free time, Steve enjoys tennis, skiing, hiking, diving, sailing, and cooking with his wife (who is a trained Chef). He holds a commercial pilot’s license with instrument, multi-engine, and seaplane ratings.