Background
Rushmore, Stephen was born on March 18, 1945 in Glen Cove, New York, United States. Son of Leon A. and Caroline Rushmore.
(This text presents a sophisticated, systematic approach t...)
This text presents a sophisticated, systematic approach to completing hotel market studies, financial forecasts, investment analyses, and valuations. It examines the macroeconomic factors that affect the supply and demand for lodging facilities and introduces a six-step process to evaluate a hotel's profitability and value. Each step in the process is demonstrated with a case study.
http://www.amazon.com/gp/product/0922154708/?tag=2022091-20
(From forward...This new text, Hotels and Motels: A Guide ...)
From forward...This new text, Hotels and Motels: A Guide to Market Analysis, Investment Analysis, and Valuations, will prove essential to appraisers and analysts who want to provide the most informed, up-to-date advice to investors and other clients active in the hotel-motel industry. The text presents logical procedures for gathering and processing data, developing financial forecasts and investment analyses, and estimating value. Historical background, narrative discussion, current statistical information, and case study applications are presented to provide readers with the in-depth, practical knowledge they need to analyze and appraise lodging facilities. From intro..This book presents a logical procedure for gathering and processing data to perform hotel market studies, develop financial forecasts and investment analyses, and estimate value. One case study is developed throughout the text to demonstrate the various techniques and procedures that can be used by appraisers and consultants to arrive at sound conclusions and recommendations. Readers should note that the proposed hotel presented in the case study is hypothetical and the results of some of the mathematical calculations have been rounded. The first chapter presents an overview of the hotel-motel industry. This historical background is relevant because economic trends tend to run in specific cycles that are often repeated. With an understanding of the historic changes in macro supply and demand, an appraiser is better able to forecast a hotel's economic performance in the future. New developments in lodging facilities also follow specific cycles, which reflect current travel patterns and modes of transportation as well as the preferences of individual patrons. The element of change is important because it often causes functional and external obsolescence and a rapid loss in property value. . All market studies and appraisals are based on the principle of supply and demand....
http://www.amazon.com/gp/product/0922154066/?tag=2022091-20
hotel consulting and appraisal specialist
Rushmore, Stephen was born on March 18, 1945 in Glen Cove, New York, United States. Son of Leon A. and Caroline Rushmore.
Bachelor, Cornell University, 1967. Master of Business Administration, University Buffalo, 1971.
Active real estate, Helmsley-Spear Hospitality Superior vena cava syndrome, Inc., New York City, 1971-1974, 77-80;
appraiser, active hotel operations, mortgage banking, James E. Gibbons Associations, Garden City, New York, 1974-1977;
hotel/motel valuations and investment counselor, Hospitality Valuation Superior vena cava syndrome (division Hotel Appraisals, Inc.), Mineola, New York, since 1980. Appraiser, evaluator hotels and motels throughout United States and world. Affiliated ownership interest includes Hospitality Valuation Superior vena cava syndrome, San Francisco, Miami, Florida, Vancouver, Canada, London, Hospitality Equity Investors, Inc., Trumbull Marriott Hotel, Princeton (New Jersey) Hotel Associations, Seaview Golf Resort Associations, Abescon, New Jersey, Shelton (Connecticut) HotelAssocs., Danbury (Connecticut) Hotel Associations, Prudential-Hei Joint Venture, Atlanta, Delaware Hotel Associations, Wilmington, Delaware, Hospitality Valuation Software, Inc., HVS Eco Superior vena cava syndrome, HVS Executive Search.
Adjunct assistant professor real estate New York University. Honorary faculty Michigan State University. Lecturer in field.
(This text presents a sophisticated, systematic approach t...)
(Hotels & Motels-Valuations and Market Studies by Stephen ...)
(Good reference book for anyone dealing with Hotels, Motel...)
(Book by Rushmore, Stephen)
(From forward...This new text, Hotels and Motels: A Guide ...)
(Two books)
Member advisory board New York University Master's in Hospitality Management. Member American Society Real Estate Investors (board governors), American Hotel and Motel Association (member industry real estate financing advisory council, certified hotel administrator), American Arbitration Association (member national real estate valuation council), Appraisal Institute (development, instructor hotel investment and valuation seminar, hotel computer valuation seminar), International Society Hospitality Consultant, Foodservice Consultant Society International, Cornell Society Hotelmen, Beta Gamma Sigma.
Married Judith Ruth Kellner, June 10, 1967. Children: Cynthia Ruth, Stephen Junior.