;

HVS International Announces Hotel Parking Division

HVS International launches HVS/Ultimate Hotel Parking Solutions
HVS International welcomes Ultimate Hotel Parking Solutions into the HVS family, and is pleased to announce the launch of HVS/Ultimate Hotel Parking Solutions, a new division of the firm, providing worldwide parking management and consulting capabilities. HVS/Ultimate Hotel Parking Solutions is headed by Andrew Tuchler, who has 15 years of hospitality parking experience, including managing parking operations for prestigious flags such as Ritz Carlton, Fairmont, Wyndham and Starwood. Ultimate Hotel Parking Solutions (“UHPS”) provides parking consulting services for a range of hotel types including urban, airport, resort and suburban properties. In addition, HVS/UHPS operates the parking function for hotels, including both valet and self parking. HVS/Ultimate Hotel Parking Solutions strives in all situations to maximize parking profitability for the hotel owner, while ensuring that guest service is never compromised. “Parking can be a very profitable component of any hotel’s bottom line,” explains Stephen Rushmore, president of HVS International, “but it is often overlooked by hotels that tend to focus on their core competencies. Our new division will educate hotel ownership and management on how to find hidden parking profits, or we can partner with the hotel to find profits by managing the parking operations directly.” HVS/Ultimate Hotel Parking Solutions’ core consulting product is known as the UHPS Parking Meter™. The Parking Meter™ includes a full financial, operational and contract assessment of a property’s parking operations. Often, the assessment uncovers substantial lost revenue and profit, as well as operational deficiencies that can negatively impact guest service levels. “We understand that the valet attendant may very well be the first and last person to have contact with the hotel’s guest,” adds Tuchler. “Therefore, guest service is a number one priority. The art and science of hotel parking lies in providing this exceptional guest service while maximizing parking profit margins.” For additional information regarding HVS/Ultimate Hotel Parking Solutions, please contact Brian Falvey, Managing Director of HVS/UHPS, or call 617-424-1515 ext 122.

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, 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, 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.

Andrew J. Tuchler is HVS/Ultimate Hotel Parking Solutions’ Managing Director. He founded UHPS’ sister company, Ultimate Parking, Inc., in 1989 and has grown it to over 400 employees with annual revenues exceeding $10 million. In 1998, Mr. Tuchler founded Premier Curbside Valet, which provided valet parking services at Logan International Airport in Boston, grossing in excess of $5 million annually. Prior to that, he founded Ultimate Livery Services in 1997, a full service transportation company. Mr. Tuchler has earned a reputation as one of the parking industry’s leading authorities, particularly with respect to the hospitality industry. He serves on several non-profit boards, including the Genesis Fund, Ellis Memorial Settlement House, and the Massachusetts Society for the Prevention of Cruelty to Children.

Brian E. Falvey is HVS/Ultimate Hotel Parking Solutions’ Managing Director, responsible for the overall management of the company. In particular, he manages strategic relationships, leads business development initiatives, and coordinates product and service offerings. His legal background is instrumental in performing contract assessments and negotiations on behalf of clients. Prior to joining HVS/UHPS, Mr. Falvey was an attorney at Metaxas, Norman & Pidgeon, LLP, a boutique business law firm in Beverly, Massachusetts. Prior to MN&P, Mr. Falvey served as Vice President of Business Development & Legal Affairs for Commerce.TV Corporation, a 200-person technology development and service company in the television industry. While there, he was instrumental in establishing Commerce.TV as a national business-to-business brand and rolling out the company’s nationwide service. Mr. Falvey began his career as a corporate attorney with the large Boston law firm of Sullivan & Worcester, LLP. Mr. Falvey received a B.S. in Finance from Boston College and his law degree from Boston College Law School.

For further information contact: Leora Lanz 516-248-8828 Ext 278 # # #