HVS Masterclass on Hotel Valuation

29 September 202610:30 - 17:30Hotel Quark, Milano

Join us for an exclusive, hands-on masterclass where you’ll learn to underwrite hotel developments using the industry-leading techniques pioneered by HVS over the past 45 years.

Led by Stephen Rushmore Jr., MAI, FRICS, President and CEO of HVS, this seminar offers a rare opportunity to learn directly from one of the most influential figures in global hotel valuation. Stephen has shaped the standards for hotel feasibility, investment analysis, and advisory services worldwide.

President and CEO of HVS

Important information

Here are a few important things to know:

  • Registration and ParticipationThe masterclass costs €350 + VAT and cannot be purchased separately. It must be purchased simultaneously with your ITHIC 2026 ticket, as it is exclusively reserved for event attendees.
  • DateThe masterclass will be held the day before ITHIC (29th September 2026)
  • LanguageThe masterclass will be conducted entirely in English.

We look forward to welcoming you for a full day of learning and networking with HVS.

Why Attend?

Whether you’re a hotel owner, developer, lender, operator, or appraiser, this seminar will equip you with the skills and tools necessary to evaluate hotel investments with confidence. You’ll gain firsthand experience in applying the methodologies that define HVS’s global reputation.

Key Takeaways:

  • Understand Market Dynamics: Analyze local supply and demand trends with a data-driven lens.
  • Assess the Competitive Landscape: Benchmark performance and positioning of comparable hotels.
  • Master Financial Forecasting: Credibly project occupancy, ADR, and RevPAR.
  • Build Financial Models: Develop detailed income and expense statements.
  • Value Hotels with Confidence: Apply HVS’s proprietary valuation models for both existing assets and new developments.

As a participant, you’ll also receive a copy of the HVS valuation models used during the seminar – giving you the tools to continue underwriting hotel investments with confidence after the event.

Additional Highlights

Enjoy a networking lunch and après-work drinks, offering the perfect opportunity to connect with peers, exchange ideas, and build lasting industry relationships in a relaxed setting.

What You’ll Need

Bring your own device, with access to Excel, to fully engage with this hands-on session. All class materials, including HVS software and presentations, will be provided.