If you are serious about your professional growth in the hotel industry, you should obtain the Certified Hotel Valuation Software Consultant (CHVSC) certification- the world's only certification for hotel consultants. To qualify for the CHVSC certification you need to demonstrate proficiency in the use of Hotel Market Analysis and Valuation Software by successfully passing Steve Rushmore's course- "How to Perform a Hotel Market Analysis, Make Financial Projections and Value a Hotel Using my Hotel Market Analysis & Valuation Software." Adding this CHVSC Certification to your resume and LinkedIn profile will certainly set you apart from all the other hotel industry professionals.
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:
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.
Learn how to use the Hotel Market Analysis & Valuation Software created by Steve Rushmore, Founder of HVS. This online course containing 75 lessons teaches not only how to use these powerful software models but provides valuable information on how to conduct a hotel market study, how to forecast a hotel’s revenue and expense and how to value a hotel. By the end of the course, you will have all the tools and knowledge to perform your own hotel market analysis and valuation plus many other applications.
Hotel Market Analysis and Valuation Software contain state-of-the-art models used by thousands of hotel consultants and managers, owners, lenders, and operators throughout the world. Understanding how these models work will enhance your employment opportunities should you seek an upper management-level career in the hotel industry.
This software package also provides answers to a wide range of key 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?
This online course consists of video lectures, readings, hands-on software case studies, quizzes, and a final project appraising an actual hotel. It should take about 20-35 hours to complete the 75 short lessons. Steve Rushmore, the creator of the software and instructor of the course will be available throughout the course to personally answer your questions and provide support. The software used during the course is the newest Version 6.
If your role includes responsibility for generating an economic return for yourself or your investors- you need to include this software in your business toolbox.
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 courses- students receive the Certified Hotel Valuation Software Consultant (CHVSC) Certified Hotel Appraiser (CHA) or Certified Hotel Valuer (CHV) certifications recognizing their unique knowledge and skills used to perform hotel market studies and 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.
Watch Steve Rushmore as he teaches his online course- "How to Perform a Hotel Market Analysis and Value a Hotel Using Hotel Market Analysis and Valuation Software."
Certifications for Demonstrated Skills in Hotel Market Analysis and Valuations