Author

Rodney G. Clough

Senior Managing Director at HVS

Rod Clough, MAI, is the Senior Managing Director of the HVS Denver office; Rod is also a partner in the HVS Atlanta, Dallas, Houston, Minneapolis, Philadelphia, St. Louis, and Mexico City offices. This group of offices represents over 60 hotel industry professionals and executes over 2,000 assignments a year. Rod has been working in the hospitality industry for 20 years and is a graduate of Cornell's School of Hotel Administration. He is a Designated Member of the Appraisal Institute (MAI) and a state-certified general appraiser. Contact Rod at (303) 443-3933 or [email protected] Follow Rod on Twitter at: @rodneyclough

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NYU Conference Takeaways: Cautious Optimism Turns to Caution | Rodney Clough

The 41st NYU International Hospitality Industry Investment Conference wrapped up on June 4, 2019, and the overall sentiment of the event was one of caution, a shift from a sentiment of cautious optimism at conferences earlier in the year.

Performance 7 JuneEvents & ConferencesMarkets & Performance

Navigate the Pitfalls Motel Valuations – Part 1

Independent, budget motels are often operated by resident owners that are talented at running efficient, safe motel operations but lack sophisticated and complete financial models that generate proper reports upon which to base purchase and valuation decisions.

Opinion17 MayRevenue ManagementFinance & AccountingHostels & Economy Lodging

Brands Performance Update

The following article illustrates the 2018 RevPAR levels across four categories, from the top RevPAR earners to the low end; we note that the statistics for this article, inclusive of occupancy and average daily rate (ADR), were pulled from the various 10-K filings of the brands on their corporate websites.

Performance23 AprilMarkets & Performance

HVS Market Pulse: Southeastern U.S. Hotel Markets Poised for Strong 2019

I recently checked in with my five Directors that oversee our five offices in the Southeast to see how their hotel markets were holding up as we head further into 2019. Overall, the pulse of each area was positive, with some expecting some softening in occupancy this year, which mirrors our overall national sentiment.

Opinion28 FebruaryReal Estate & InvestmentMarkets & Performance

Many Hotel Sellers Won Big in 2018

On average, hotel prices increased significantly in 2018, as a strong pool of buyers with favorable outlooks kept downward pressure on cap rates. A strong bidding environment for hotels, particularly those in markets where barriers to entry were high and PIPs had already been completed, kept prices strong, resulting in some big wins for hotel sellers that purchased their hotels at the right time during the last downturn.

Opinion17 JanuaryReal Estate & Investment

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