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Steve Rushmore Explains Appraisal Process and HVS

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Total Case Duration :

  • Date Added : 11/17/2009
  • Clip Duration : 5 min. 12 sec.

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Steve Rushmore

  • , HVS
  • male
  • Caucasian
  • 1945 (Age: 76 years old)
  • Steve Rushmore - Lecture - HVS
  • Video 1 of 11 in this Case
  • View All Available Videos

Biography

Steve Rushmore is President and Founder of HVS, a global hospitality consulting organization with offices in New York (Mineola), San Francisco, Miami, Boulder, Dallas, Vancouver, Toronto, São Paulo, Buenos Aires, London, New Delhi, Singapore, Madrid, and Sydney. He directs the worldwide operation of this firm and is responsible for future office expansion and new product development. Mr. Rushmore has provided consultation services for more than 12,000 hotels throughout the world during his 35-year career and specializes in complex issues involving hotel feasibility, valuations, and financing. He was one of the creators of the Microtel concept and was instrumental in its IPO.

HVS has provided consulting services for thousands of clients in all 50 states and more than 60 foreign countries. Its professional staff of more than 150 industry specialists offers a wide range of services, including market feasibility studies, valuations, strategic analysis, development planning, and litigation support. Through its divisions, HVS supplies unique hotel consulting expertise in the areas of executive search, parking, golf, food and beverage operations, gaming, technology, hotel operations and management, asset management, interior design, investment counseling and brokerage. HVS is the industry's primary source of hotel sales information. Its databases contain information on more than 10,000 hotel transactions and thousands of financial statements. HVS is also the most comprehensive source of hotel compensation data.

As a leading authority and prolific author on the topic of hotel feasibility studies and appraisals, Mr. Rushmore has written all five textbooks and two seminars for the Appraisal Institute covering this subject. He has also authored three reference books on hotel investing and has published more than 300 articles. He writes a monthly column for Hotels magazine and is widely quoted by major business and professional publications. Mr. Rushmore lectures extensively on hotel trends and has taught hundreds of classes and seminars to more than 20,000 industry professionals. He is on the faculty of the Cornell Hotel School's professional development program.

Steve Rushmore has a BS degree from the Cornell Hotel School and an MBA from the University of Buffalo.

I started HVS. It took me about $3,000 to buy computer, printer, copier, and phone. That's capital I had to put in. Capital raise was what am I selling as an appraiser doing market study. I'm selling one thing credibility. People have to believe that the value I'm giving them or the forecast th...(Full transcript available to logged in subscribers.).

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Steve Rushmore videos

Video 1 of 11 Steve Rushmore Discusses Work-Life Balance And Family Life
  • Steve Rushmore - Lecture - HVS
  • 11/17/2009
  • Steve Rushmore
  • 1 min. 48 sec.
Video 2 of 11 Steve Rushmore Discusses Need For Intellectual Capital For Starting Company, HVS
  • Steve Rushmore - Lecture - HVS
  • 11/17/2009
  • Steve Rushmore
  • 0 min. 45 sec.
Video 3 of 11 Steve Rushmore Discusses Academic and Professional Background
  • Steve Rushmore - Lecture - HVS
  • 11/17/2009
  • Steve Rushmore
  • 6 min. 54 sec.
Video 4 of 11 Steve Rushmore Discusses Becoming a Member of the Appraisal Institute and Writing Appraisal Book
  • Steve Rushmore - Lecture - HVS
  • 11/17/2009
  • Steve Rushmore
  • 2 min. 31 sec.
Video 5 of 11 Steve Rushmore Explains Appraisal Process and HVS
  • Steve Rushmore - Lecture - HVS
  • 11/17/2009
  • Steve Rushmore
  • 5 min. 12 sec.
Video 6 of 11 Steve Rushmore Discusses Growth Of Company And Value Of Employees
  • Steve Rushmore - Lecture - HVS
  • 11/17/2009
  • Steve Rushmore
  • 5 min. 0 sec.
Video 7 of 11 Steve Rushmore Discusses Partnerships Are Necessary In Business And Entrepreneurship
  • Steve Rushmore - Lecture - HVS
  • 11/17/2009
  • Steve Rushmore
  • 5 min. 12 sec.
Video 8 of 11 Steve Rushmore Explains Grinders, Minders and Finders in Consulting Business
  • Steve Rushmore - Lecture - HVS
  • 11/17/2009
  • Steve Rushmore
  • 1 min. 3 sec.
Video 9 of 11 Steve Rushmore Explains Appraisals Reflect Value And Do Not Create Value
  • Steve Rushmore - Lecture - HVS
  • 11/17/2009
  • Steve Rushmore
  • 0 min. 52 sec.
Video 10 of 11 Steve Rushmore Shares Thoughts On Future Of HVS
  • Steve Rushmore - Lecture - HVS
  • 11/17/2009
  • Steve Rushmore
  • 1 min. 58 sec.
Video 11 of 11 Steve Rushmore Explains Appraisals Have Become Commodities
  • Steve Rushmore - Lecture - HVS
  • 11/17/2009
  • Steve Rushmore
  • 2 min. 14 sec.

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