Frequently Asked Questions

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Steve Rushmore first developed this software for his firm- HVS. It was then 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. It consists of three models:

• Hotel Market Analysis and ADR Forecasting Model
• Hotel Revenue and Expense Forecasting Model
• Hotel 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

Unless you are an experienced hotel consultant familiar with the process of performing hotel market studies and valuations it may be a steep learning curve to fully understand how to properly use this software. The best way to learn the software is by having Steve Rushmore, the software’s developer teach you everything you need to know. Through his two online courses- “How to Value a Hotel” and "How to Perform a Hotel Market Analysis, Make Financial Projections and Value a Hotel Using Hotel Market Analysis and Valuation Software" Steve will take you step-by-step through the entire process- even if you have no hotel consulting/valuing experience.

Steve’s online course containing 75 lessons 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 course. You can start anytime and proceed at your own pace. 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.

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

After successfully completing Steve’s course you will receive the Certified Hotel Appraiser/Valuer (CHA or CHV) certification- the world’s only valuation certification recognizing your hotel valuation skills. Adding the CHA or CHV certification to your resume and LinkedIn profile will certainly set you apart from other appraisers and hotel professionals.

The cost for either 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 a 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 CHVSC, CHA, and CHV members located at www.certifiedhotelappraiser.org or www.certifiedhotelvaluer.org
• Free software upgrades of Version 6.0Add an answer to this item.

You will be learning directly from Steve Rushmore the creator of the Modern Hotel Valuation Methodology. Through Zoom, Steve will be available to personally answer your questions and guide you through the course. In addition, Steve’s course goes into significant depth on all the topics related to performing a hotel valuation such as the market analysis, financial forecasts, and valuation modeling. He teaches not only how to value a hotel, but also how to use the powerful Hotel Valuation Software that comes with the course and you keep for your professional use. Your final project is valuing an actual hotel. In most online courses, students never interact with the course developer- Steve Rushmore will personally be with you throughout the course.