HVS Opens New Hotel Consulting and Valuation Office in New Orleans
Monday July 7th, 2014 - 9:31AM W
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NEW ORLEANS—HVS has opened a hotel consulting and valuation services branch here, intended to serve hotel projects and clients in the Gulf Coast market.
HVS New Orleans offers the following services: single-asset and portfolio hotel appraisals; market and project feasibility studies; franchise evaluations; and advisory expertise on large-scale, mixed-use and public-private developments.
The new office is headed by Adam R. Lair, MAI, a state-certified hotel appraiser and a designated member of the Appraisal Institute with more than a decade of experience in the real estate industry.
The latest HVS Hotel Valuation Index (HVI) forecasts continued strong growth for hotel values in New Orleans in the near term.
Tags: HVS • New Orleans • Adam R. Lair • Hospitality •
When you hear all the lodging industry projections for the months and years to come, much of the robust growth is forecast to be the result of the expected influx of travelers from China. In what could only be seen as good news for the industry, that expectation moved a little closer to reality when President Obama signed a visa waiver extension for Chinese travelers earlier this month.