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Author

Elaine Sahlins

Managing Director with HVS San Francisco

Elaine Sahlins

Elaine Sahlins is a Senior Vice President with HVS San Francisco. She joined the firm in 1997, and authors the annual Hotel Development Cost Survey (since 1998). She specializes in resort feasibility studies, appraisal of complex leases, partial interest appraisals, management company valuations, and hotel market analysis. Her other experience includes mixed-use projects, and she is well-versed in the appraisal of general commercial real estate. She brings a seasoned and passionate approach to her work, and has appraised properties in a wide variety of markets. Elaine is a state-certified general appraiser in California, and a current candidate for MAI designation from the Appraisal Institute (expected 2014). She contributes regularly to the industry with frequent publications. Elaine is tireless in her mentorship of up-and- coming hospitality valuation professionals. She previously worked for VMS Realty in Chicago analyzing hotel investments, and as a review appraiser in San Francisco with Bank of America. She holds an undergraduate degree from Barnard College, Columbia University in New York City and an MPS degree in Hotel Administration from Cornell University.

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Insights by Elaine Sahlins (6)

HVS Hotel Development Cost Survey 2011/12

The 2011 hotel development survey reports updated per-room development costs through the end of 2011. This year's survey reveals a range of factors impacting the turnkey cost of hotel development. HVS has tracked hotel construction costs throughout the United States since 1976.

HVS Hotel Development Cost Survey 2010

HVS has tracked hotel construction costs throughout the United States since 1976. The survey considers data for six lodging types: Economy/Budget Hotels, Midscale Hotels w/o F&B (without Food and Beverage), Extended-Stay Hotels, Midscale Hotels w/ F&B (with Food and Beverage), Full-Service Hotels, and Luxury Hotels and Independent Resorts.

2009 Hotel Development Cost Survey

HVS has tracked hotel construction costs throughout the United States since 1976. The survey considers data for six lodging types: Economy/Budget Hotels, Midscale Hotels w/o F&B (without Food and Beverage), Extended-Stay Hotels, Midscale Hotels w/ F&B (with Food and Beverage), Full-Service Hotels, and Luxury Hotels and Independent Resorts.

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