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HVS Opens New Hotel Consulting and Valuation Office in New Orleans

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.

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