Software Authors

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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.

Jan A. deRoos, Ph.D. is the HVS Professor of Hotel Finance and Real Estate at the School of Hotel Administration at the Cornell SC Johnson College of Business. He has dedicated his career to creating and sharing knowledge in the area of hospitality real estate. Areas of teaching expertise include hospitality real estate finance, lodging property valuation, hotel management contracts, hotel development and construction, and the timeshare/vacation ownership industry. A frequent speaker on these topics, Dr. deRoos contributed to lodging industry conferences worldwide and frequently conducts seminars for senior executives at such companies as Four Seasons Hotels and Resorts, Hilton Hotels and Resorts, and Jumeirah Group.

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 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 located at www.certifiedhotelappraiser.org or www.certifiedhotelvaluer.org
• Free software upgrades of Version 6.0