The Hotel Valuation Index (HVI) tracks hotel values in 65 major markets and the United States as a whole. Created in 1987 by HVS, the HVI is derived from an income capitalization approach, utilizing market area data provided by Smith Travel Research (STR) and historical operational and capitalization rate information from HVS’s extensive global experience in hotel feasibility studies and valuations. From this information, it is possible to determine historical hotel values per room, as well as an indication of hotel value growth into the future.

The Hotel Valuation Index (HVI) tracks hotel values in 65 major markets and the United States as a whole. Created in 1987 by HVS, the HVI is derived from an income capitalization approach, utilizing market area data provided by Smith Travel Research (STR) and historical operational and capitalization rate information from HVS’s extensive global experience in hotel feasibility studies and valuations. From this information, it is possible to determine historical hotel values per room, as well as an indication of hotel value growth into the future.