One-Day Master Class: Learn How to Underwrite a Hotel Development

24 September 202510:00 - 18:00Hotel Villa Pamphili - Rome

Join us for an exclusive, hands-on master class 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.

Stephen Rushmore Jr.
President and CEO of HVS

Registration and participation

Here are a few important things to know:

  • The masterclass costs €250 + VAT for ITHIC attendees and €350 + VAT for those who wish to attend only the masterclass.
  • The masterclass is a separate event from the ITHIC conference
  • You do not need to be registered to ITHIC to attend the masterclass
  • If you want to attend both the masterclass and ITHIC, you will need to register for each one separately.
  • The masterclass ticket does not include access to ITHIC.

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.

Reserve your spot