HVS International announces new Australia office Sydney Office expands HVS’ presence in the Asia Pac

HVS Press Release
HVS International has announced the opening of a consulting and valuation office in Sydney, Australia. The Sydney location marks HVS ‘s first entry into Australia, and fourth office in the Asia Pacific Rim, following the establishment of offices in Singapore, Hong Kong and New Delhi. Managed by two experienced industry professionals, Rutger Smits and Ron de Wit, the Sydney office provides a wide range of consulting services for hotels, serviced apartments and mixed-use developments in Australia, New Zealand and the South Pacific. The office will work closely with HVS Singapore in servicing the extensive overseas interests in this region. “Both Rutger and Ron bring extensive expertise to the HVS family,” explains Stephen Rushmore, President and Founder of HVS International. “Rutger has nine years of operations experience in Europe, Asia and the Middle East, as well as eight years of consulting experience in Europe, the Middle East and Australia. His experience also includes large mixed-use developments comprising hotels in combination with leisure, retail, residential and commercial components. Ron has more than 12 years of operations experience in hospitality and 14 years as a consultant. In addition to the resort and hotel sector, he is particularly experienced in restaurants, clubs, and catering food service operations.” Both Rutger and Ron have authored several hospitality industry publications, including hotel market forecasts, tourism infrastructure investment guides and hospitality business benchmarking reports. Services provided by HVS Sydney include: market and business assessments operations analysis, opportunity assessments, market demand and feasibility studies, due diligence and valuations for mortgage security as well as acquisition or disposal purposes. Additional, services include brokerage support, project development guidance assistance with franchise and management contract negotiations, and expert witness and litigation support. HVS International is a full service hospitality consultancy providing industry skill and knowledge worldwide. HVS International offers market and financial feasibility studies, valuations, strategic analyses, development planning, and litigation support. Additionally, HVS specialists provide unique knowledge in the areas of executive search, investment banking, brokerage, asset management and corporate and single property strategic planning, management contracts, environmental sustainability, timeshare consulting, food and beverage operations and restaurant appraisal, interior design, gaming, technology strategies, organizational assessments, operational management, strategy development, convention facilities consulting, marketing communications, property tax appeals and investment consulting. Since 1980, HVS International has provided hospitality services to more than 10,000 hotels throughout the world. Principals and associates of the firm have written textbooks and thousands of articles regarding all aspects of the hospitality industry, and literally “wrote the book” on how hotels should be valued. Contact details for the HVS Sydney office are as follows: HVS International    Level 8/5 Elizabeth Street SYDNEY NSW 2000  (61 2) 9233 1125 Phone (61 2) 9233 1147 Fax hvssydney@hvsinternational.com For further information please contact: USA: Leora Halpern Lanz 516-248-8828 Ext.278 llanz@hvsinternational.com Australia Rutger Smits (61-2) 9233 1125 hvssydney@hvsinternational.com # # #