Kathy Conroy, MAI is a Senior Managing Director of HVS Miami and is also the firm's Practice Leader of Shared Ownership Consulting. She has been an active participant in the hotel and shared ownership industry for more than 30 years. Kathy has completed thousands of real-estate valuation and consulting assignments with a focus on hotels, motels, resorts, condo hotels, timeshare, fractional and private residence club projects, and hospitality-driven mixed-use real estate for clients throughout the United States and world. She is a noted national authority on the valuation of vacation ownership properties, and has authored books on timeshare property assessment, and timeshare property valuation for ARDA and the Appraisal Institute, respectively. Contact Kathy at +1 (305) 803-3130 direct or [email protected].
In this article the author explains how cash-flow modeling is an important part of a timeshare project's initial planning stages.
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