Author Bio

Scott Smith

Mr. Smith is a Senior Vice President of PKF Consulting USA, LLC (PKFC), and he is located in the Atlanta, Georgia office. Mr. Smith has over 20 years of hospitality industry experience in both appraising and consulting capacities, as well as proficiencies in other real estate types.

Mr. Smith has managed and conducted appraisal and consulting assignments, involving both the public and private sectors, throughout the U.S, Central America and the Caribbean. He has worked for the industry’s leading lenders, developers, chains and management companies and has dealt with many aspects of the lodging industry, including valuation analyses; market and financial analyses and investment structuring for hotels; resorts, mixed-use residential and lodging developments, conference and convention centers and other hospitality industry projects; workouts, repositioning and strategic planning; loan review and disposition strategy; and litigation services.

Mr. Smith is a Member of the Appraisal Institute (“MAI”) - an international membership association of professional real estate appraisers - and is PKFC’s chief appraiser in the Southeast, where he is a Certified General Appraiser in Georgia, Alabama, North Carolina and Florida. Furthermore, Mr. Smith is the principal author of the Hospitality Investment Survey, which is a bi-annual publication produced by PKFC in conjunction with PKF Hospitality Research, LLC, that reports on important real estate investment trends. He also authors the Caribbean Trends in the Hotel Industry which is an annual publication produced by PKF Consulting USA, LLC.

Articles by Scott Smith (6)

Caribbean Hotel Market Trending Upward

While this continued profit growth is encouraging, the Caribbean is still not back to its pre-recession levels. Recovery in the Caribbean is slow moving, and lagging behind the recovery seen in the U.S. This is a mixed-message for a region whose economy depends primarily on ...

Trophies and Treasure

Based on the 2010 edition of PKF Consulting's Hospitality Investment Survey (HIS), this is not the case. According to the 220 participants in this year's survey, acquiring a relatively expensive trophy property is worth the risk. At the other end of the spectrum, some hidden ...