HVS International & Hodges Ward Elliott Announce Joint Venture in Europe

Press Release
HVS International and Hodges Ward Elliott announce the formation of HVS Hodges Ward Elliott Investment Services – a new joint venture specializing in hotel brokerage and investment banking services throughout Europe. HVS International’s Charles Human and Rudy Reudelhuber of Hodges Ward Elliott will serve as Managing Directors. Mark Elliott will serve as President. HVS Hodges Ward Elliott Investment Services replaces the former HVS Investment Services as a division of HVS International. The new venture brings together HVS International’s established hotel advisory and transactional experience in Europe with Hodges Ward Elliott’s strength as the leading hotel brokerage firm in the United States. The combined entity has recent experience of more than $8 billion in transactions volume in both North America and Europe. “The establishment of HVS Hodges Ward Elliott is a natural extension to HVS’s existing activities in Europe,“ states Human. “Our goal is to provide clients with the best possible service in all areas of hotel real estate.” Mark Elliott adds, “with the increasing globalisation of capital flows, truly effective hotel brokerage and investment banking requires the worldwide client base and international network of offices that this joint venture provides.” HVS International is a global consulting and services organization focused on the hotel, restaurant, timeshare, gaming, and leisure industries. Established in 1980, HVS performs more than 1,500 assignments per year for virtually every major industry participant. HVS International is client driven, entrepreneurial, and dedicated to providing the best advice and services in a timely and cost efficient manner. Hodges Ward Elliott is a brokerage and investment banking firm dedicated solely to the sale and financing of hotel properties. Since 1975, HWE has developed a truly unique combination of focus and experience, resulting in their becoming the nation's leading hotel real estate brokerage and investment banking firm. For more information contact rreudelhuber@hvshwe.com or chuman@hvshwe.com. # # #