The Mandarin Version of Hotel Valuation Software is the only Mandarin language computer software designed specifically to assist in the preparation of hotel market studies, forecasts of income and expense, and hotel valuations.
The software provides the framework, along with the mathematical calculations, to develop detailed forecasts of occupancy, average room rates, revenues and expenses that can be used as a basis for hotel market studies and appraisals. The tool consists of three separate Excel software programs:
Hotel Market Analysis and ADR Forecasting Model
Hotel Revenue and Expense Forecasting Model
Hotel Mortgage-Equity Valuation Model
Hotel Valuation Software was created by Steve Rushmore for his hotel consulting firm- HVS. It has been updated and enhanced by Professor Jan deRoos of the Cornell Hotel School.