Hotel Market Analysis & Valuation Software Overview
Hotel Market Analysis & Valuation Software 6.0 is the only non-proprietary 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 software programs:
- Hotel Market Analysis and ADR Forecasting Model
- Hotel Revenue and Expense Forecasting Model
- Hotel Mortgage-Equity Valuation Model
Hotel Market Analysis & 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.
Hotel Market Analysis & Valuation Software v. 6.0 is written as Microsoft Excel files (which runs on both Windows and Apple OS X operating systems) and comes with a detailed users’ guide and case study. Version 6.0 contains significant enhancements over Version 5.0 which is no longer distributed. Hotel Market Analysis & Valuation Software is also available in Mandarin.
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 courses 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) or the Certified Hotel Valuation Software Consultant (CHVSC) certification- the world’s only certifications recognizing your hotel valuation and consulting skills. Adding the CHA, CHV, or CHVSC 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" and the "How to Perform a Hotel Market Analysis, Make Financial Projections and Value a Hotel Using Hotel Market Analysis and Valuation Software" courses is $895 which includes the following:
- Access to the courses
- 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, CHV and CHVSC members located at www.certifiedhotelappraiser.org or www.certifiedhotelvaluer.org
- Free software upgrades of Version 6.0
