Significant Enhancements for Hotel Valuation Software: V-6.0
Significant Upgrades
This new Version 6.0 software package has a number of enhancements including the following:
General Enhancements
-Software runs on both Windows and Apple operating systems
-All the cells are color coded for easy entry
-The annoying macros have been eliminated
Hotel Market Study and ADR Forecasting Model
-The ADR competitive positioning model contains a 10-year forecast table
-The market segments titles contain the name of the segment not the segment number.
-Occupancies are projected for all the existing and proposed hotels in the market.
Hotel Revenue and Expense Forecasting Model
-The revenue and expense statement is made in accordance with the new Uniform System of Accounts for Hotels- Eleventh Revised Edition
-Input screen now contains the base year financial statement for “Quick Check.”
Hotel Mortgage-Equity Valuation Model
-Contains valuations for both a 5 or 10-year holding period
-Value by a loan-to-value ratio, a debt coverage ratio, and a mortgage yield
-Program automatically inflates the net income after stabilization
-Separate output screens for 5 and 10-year holding periods
-Additional project matrices have been added
The Best Way to Learn How to Use Hotel Market Analysis and Valuation Software
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
