Brian Arevalo

Consulting Experience

A Vice President with HVS and based in Cincinnati, Ohio, Brian seeks to keep up with industry fundamentals and shifting local, regional, and national trends to reach the strongest conclusions in the appraisals, market studies, and feasibility studies he performs. Brian’s prior work in hospitality includes roles in hotel operations and corporate finance. His service as Corporate Treasurer at the Austin, Texas-based College Houses Cooperative gave him practical experience with how budgets and capital expenditures come into play when determining a property’s value. Brian studied hospitality at Cornell University, where he was a member of the Cornell Hotel Society, the Club Managers Association of America, and the National Society of Minorities in Hospitality. He later transferred to the hospitality management program at the University of North Texas and subsequently earned a master’s degree from The University of Texas at Austin’s McCombs School of Business. Brian is a state-certified general appraiser.

Testimonials

"The assignment in question involved the completion of appraisals for three separate full-service hotels in three separate locations owned by a two-member ownership group whose members were deeply conflicted. An evaluation of product improvement costs was also required. One of the very few issues that all parties could agree upon was to utilize HVS to perform the appraisals, and all parties were satisfied with the results (which were done quickly)." – William O'Brien, Winegardner & Hammons

State Certification

Illinois
Indiana
Kentucky
Ohio
West Virginia

Education

UNIVERSITY OF TEXAS AT AUSTIN
Master of Science

UNIVERSITY OF NORTH TEXAS
Bachelor of Science

Other Specialized Training Classes Completed:
Uniform Standards of Professional Appraisal Practice – 15 hours
Basic Appraisal Procedures – 30 hours
Basic Appraisal Principles – 30 hours
General Appraiser Income Approach – 60 hours
General Appraiser Market Analysis and HBU – 30 hours
General Appraiser Site Valuation and Cost Approach – 30 hours
General Appraiser Sales Comparison Approach – 30 hours
General Appraiser Report Writing and Case Studies – 30 hours
Statistics, Modeling and Finance – 15 hours
Advanced Income – 30 hours
Expert Witness for Commercial Appraisers – 15 hours
Basic Hotel Appraising – 7 hours
West Virginia Law – 3 hours
Biennial USPAP Update 

Employment History

August 2012 - Present
HVS Consulting and Valuation
Cincinnati, Ohio

September 2011 - May 2012
College Houses Cooperative
Austin, Texas

November 2010 - August 2011
ABMartin Consulting
Austin, Texas

November 2009 - May 2011
Embassy Suites Outdoor World DFW Airport North
Dallas, Texas

July - August 2007
Hotelito Escondido
Manzanillo, Colima, Mexico

June 2006 - August 2006
Mayan Resorts Hotels
Acapulco, Mexico

Hotels Evaluated

Sample List for Illustrative Purposes

ARIZONA 
Americana Hotel, Nogalez
Red Roof Inn Phoenix Airport, Temple
 
ARKANSAS 
Proposed Hotel, Hot Springs
Wyndham Garden, Texarkana
 
CALIFORNIA 
Hotel Del Coronado, Coronado
Hilton Garden Inn, Oxnard
Hyatt Place Sacramento Rancho Cordova, Rancho Cordova
 
FLORIDA 
Hyatt Place Lakeland Center, Lakeland
Hampton Inn, Largo
Holiday Inn Express, Largo
Proposed Pearl, Rosemary Beach
Hyatt Place Busch Gardens, Tampa
 
GEORGIA 
Georgia Tech Hotel & Conference Center, Atlanta
 
ILLINOIS 
SpringHill Suites by Marriott, Burr Ridge
Elk Grove Hotel, Elk Grove
Best Western Plus, Hillside
Days Inn, North Chicago
Hilton Garden Inn Oakbrook, Oakbrook Terrace
Hilton Suites Oakbrook, Oakbrook Terrace
 
INDIANA 
Hyatt Place, Bloomington
Proposed Embassy Suites, Bloomington
Proposed Graduate, Bloomington
Proposed Best Western, Clarksville
Proposed Hyatt Place and Hyatt House, Fishers
Courtyard by Marriott Indianapolis Northwest, Indianapolis
Holiday Inn Indianapolis Carmel, Indianapolis
La Quinta Inn Indianapolis Airport Executive Drive, Indianapolis
La Quinta Inn Indianapolis Airport Lynhurst, Indianapolis
La Quinta Inn Indianapolis East Post Drive, Indianapolis
Proposed Aloft Indianapolis, Indianapolis
Proposed Home2 Indianapolis, Indianapolis
Proposed Residence/SpringHill Suites, Indianapolis
Proposed Hilton Garden Inn/Homewood Suites, Jeffersonville
Proposed Hotel, Madison
Cambria Suites, Plainfield
Indianapolis Airport Suites, Plainfield
Newcastle Proposed Hotel, Spiceland
Candlewood Suites, Terre Haute
Proposed Hampton Inn, Vincennes
 
KANSAS 
Hampton Inn, Derby
DoubleTree by Hilton, Wichita
 
KENTUCKY 
Holiday Inn Express Cincinnati Newport, Bellevue
Embassy Suites Cincinnati Rivercenter Covington, Covington
Holiday Inn Cincinnati Riverfront, Covington
Courtyard by Marriott Cincinnati Airport South Florence, Florence
Hyatt Place Cincinnati Airport Florence, Florence
Proposed Staybridge Suites, Florence
Fort Thomas Proposed Hotel, Fort Thomas
La Quinta Inn, Lexington
Proposed Red Mile Hotel, Lexington
Homewood Suites by Hilton Louisville Downtown, Louisville
Hyatt Place Louisville East, Louisville
Proposed Luxury Boutique Hotel, Louisville
Red Roof Inn Louisville Expo Airport, Louisville
Proposed Ark Encounter Hotel, Williamstown
 
LOUISIANA 
Comfort Inn, Baton Rouge
Proposed Residence Inn by Marriott, Bossier City
Quality Inn & Suites, Bossier City
Wingate by Wyndham, Bossier City
Best Western DeRidder Inn, DeRidder
Hampton Inn, Houma
Proposed Holiday Inn Express, Houma
Best Western, Kinder
Hotel Acadiana, Lafayette
Proposed Holiday Inn Express Hotel & Suites, Marksville
Proposed Hotel Alessandra, New Orleans
Holiday Inn Express Hotel & Suites, Ruston
 
MARYLAND 
Hilton, Rockville
 
MICHIGAN 
Comfort Suites, Escanaba
 
MINNESOTA 
Loews Minneapolis, Minneapolis
Proposed Aloft, Plymouth
 
MISSISSIPPI 
Wingate by Wyndham, Biloxi
Courtyard by Marriott, Southaven
Residence Inn by Marriott, Southaven
 
MISSOURI 
Hilton Kansas City Airport, Kansas City
 
NEBRASKA 
University Inn Midtown Crossing, Omaha
 
NORTH CAROLINA 
Red Roof Inn Asheville West, Asheville
 
OHIO 
Proposed Boutique Hotel, Akron
Proposed Hotel and Spa, Amherst
Embassy Suites Cleveland Beachwood, Beachwood
Proposed Tru by Hilton, Beachwood
Red Roof Inn, Blue Ash
Courtyard by Marriott Dayton Beavercreek, Beavercreek
Residence Inn by Marriott Dayton, Beavercreek
Proposed SpringHill Suites, Beavercreek
Proposed TownePlace Suites/Fairfield Inn by Marriott, Beavercreek
SpringHill Suites Dayton Beavercreek, Beavercreek
Proposed Hampton Inn, Bellefontaine
Proposed Boutique Hotel, Berea
Hyatt Place Cincinnati Blue Ash, Blue Ash
McKinley Grand Hotel, Canton
Proposed Hotel, Canton
Anderson Township Hotel, Cincinnati
Fairfield Inn & Suites by Marriott Cincinnati Uptown/University Area, Cincinnati
Hilton Cincinnati Netherland Plaza, Cincinnati
La Quinta Inn & Suites Cincinnati Sharonville, Cincinnati
Proposed Element, Cincinnati
Proposed Element/Aloft Dual Brand Hotel, Cincinnati
Proposed Homewood Suites Cincinnati, Cincinnati
Proposed Hotel, Cincinnati
Proposed Shilito Hotel, Cincinnati
Ramada Plaza Cincinnati Sharonville, Cincinnati
Four Points by Sheraton Cleveland Airport, Cleveland
La Quinta Inn Cleveland Airport North, Cleveland
Holiday Inn Cleveland Clinic, Cleveland
Hyatt Regency Cleveland at The Arcade, Cleveland
Proposed Hotel Cleveland, Cleveland
Proposed Hyatt Place, Cleveland
Proposed Le Meridian Cleveland, Cleveland
Residence Inn by Marriott Cleveland Beachwood, Cleveland
Americas Best Value Inn Columbus West, Columbus
Courtyard by Marriott Columbus Downtown, Columbus
Fairfield Inn & Suites by Marriott Columbus OSU, Columbus
Hampton Inn & Suites Columbus Easton, Columbus
Hilton Columbus Downtown, Columbus
Hilton Columbus Easton, Columbus
Hyatt Place Columbus Worthington, Columbus
Marriott Columbus Airport, Columbus
Proposed Aloft, Columbus
Proposed Canopy, Columbus
Proposed Hilton Garden Inn/Homewood Suites by Hilton, Columbus
Proposed Homewood Suites, Columbus
Proposed Hotel, Columbus
Proposed Limited-Service Hotel, Columbus
Residence Inn by Marriott Columbus Easton, Columbus
Westin, Columbus
Proposed Hotel, Dayton
Hampton Inn Columbus Dublin, Dublin
Holiday Inn Express Columbus Dublin, Dublin
La Quinta Inn Columbus Dublin, Dublin
Proposed Boutique Hotel Elyria, Elyria
Fairfield Inn by Marriott Dayton Fairborn, Fairborn
Hampton Inn Dayton Fairborn, Fairborn
SpringHill Suites by Marriott Columbus Airport Gahanna, Gahanna
TownePlace Suites by Marriott Columbus Gahanna, Gahanna
Quality Inn Gallipolis, Gallipolis
Proposed Home2 Suites by Hilton, Huber Heights
Sawmill Creek Resort, Huron
La Quinta Inn Cleveland Independence, Independence
Red Roof Inn Cleveland Independence, Independence
Residence Inn by Marriott Cleveland Independence, Independence
Fairfield Inn & Suites Washington Court House Jeffersonville, Jeffersonville
Hampton Inn Washington Court House, Jeffersonville
Proposed Hotel Lakewood, Lakewood
Nationwide Hotel and Conference Center, Lewis Center
AC Hotel Cincinnati at Liberty Center, Liberty Township
Inn & Spa at Cedar Falls, Logan
La Quinta Inn & Suites Cleveland Macedonia, Macedonia
La Quinta Inn & Suites, Mansfield
Holiday Inn Express Hotel & Suites, Marysville
Hyatt Place Cincinnati Northeast, Mason
Residence Inn by Marriott Cleveland Mentor, Mentor
DoubleTree by Hilton Suites Dayton Miamisburg, Miamisburg
DoubleTree by Hilton Suites Dayton Miamisburg, Miamisburg
Proposed Staybridge Suites, Miamisburg
Manchester Inn (Closed), Middletown
Proposed TownePlace Suites by Marriott, Milford
Proposed Hyatt Place, New Albany
Red Roof Inn Canton, North Canton
Courtyard by Marriott North Dayton, North Dayton
Elms Hotel Oxford, Oxford
La Quinta Inn Columbus Airport Area, Reynoldsburg
Comfort Inn, Saint Clairsville
Hampton Inn, Saint Clairsville
Red Roof Inn, Saint Clairsville
La Quinta Inn Cincinnati North, Springdale
Country Inn & Suites, Springfield
Proposed Holiday Inn Express, Steubenville
Proposed Boutique Hotel Tiffin, Tiffin
Proposed Aloft, West Chester
Proposed Hyatt Place, Westerville
Hampton Inn Cleveland Westlake, Westlake
Holiday Inn Columbus Worthington, Worthington
 
PENNSYLVANIA 
Proposed Hilton Garden Inn, Altoona
Red Roof Inn, Erie
La Quinta Inn Pittsburgh Airport, Moon Township
Red Roof Inn Pittsburgh Airport, Pittsburgh
George Washington Hotel, Washington
 
TENNESSEE 
Red Roof Inn Johnson City, Johnson City
Staybridge Suites, Memphis
Value Place (2), Memphis
 
TEXAS 
Holiday Inn Express, Abilene
Holiday Inn Austin Midtown, Austin
Days Inn, Baytown
Homewood Suites by Hilton, Beaumont
Value Place, Beaumont
Hilton Garden Inn College Station, Bryan
Texas Inn, Channel View
Four Points by Sheraton, College Station
Fairfield Inn by Marriott, The Colony
Residence Inn by Marriott, The Colony
Comfort Suites Calallen, Corpus Christi
Country Inn & Suites, Corpus Christi
Embassy Suites, Corpus Christi
Holiday Inn Airport, Corpus Christi
Holiday Inn Downtown, Corpus Christi
Candlewood Suites, Corpus Christi
La Quinta Inn & Suites Corpus Christi Northwest, Corpus Christi
Proposed Residence Inn and AC by Marriott Dual-Branded Hotel, Dallas
Super 8, Deer Park
La Quinta Inn El Paso Cielo Vista, El Paso
Super 8, Gainesville
Proposed Downtown Hotel, Galveston
Aloft Houston Galleria, Houston
Courtyard by Marriott I-10 West/Energy Corridor, Houston
Courtyard by Marriott West University, Houston
DoubleTree Suites by Hilton Houston Galleria, Houston
Fairfield Inn & Suites I-10, Houston
Fairfield Inn & Suites I-45, Houston
Holiday Inn Corpus Christi Downtown Marina, Corpus Christi
Hampton Inn Houston Interstate 10 West, Houston
Hilton Garden Inn Energy Corridor, Houston
Hilton Garden Inn Houston Northwest, Houston
Hilton Garden Inn Katy Freeway, Houston
Holiday Inn, Houston
La Quinta, Houston
Legacy Inn, Houston
Proposed 314 Hotel, Houston
Proposed Aloft, Houston
Proposed Americas Best Value Inn, Houston
Proposed Embassy Suites, Houston
Proposed Full-Service Hotel, Houston
Proposed Hotel Alessandra, Houston
Proposed Hotel, Houston
Proposed InterContinental Hotel, Houston
Proposed Le Méridien, Houston
Proposed Lifestyle Hotel, Houston
Proposed Select-Service Hotel, Houston
Proposed Staybridge Suites, Houston
Residence Inn by Marriott West University, Houston
Sam Houston Hotel (Curio Conversion), Houston
Knights Inn, Humble
Studio 6, Ingleside
DoubleTree by Hilton DFW Airport, Irving
Holiday Inn Express, Kenedy
South Shore Harbour Resort & Spa, League City
Super 8, Livingston
Staybridge Suites, Longview
Best Western Plus, Luling
La Quinta Inn & Suites, Lumberton
Renaissance, McAllen
Proposed Home2 Suites, McKinney
Proposed SpringHill Suites, McKinney
Candlewood Suites, Odessa
Holiday Inn Express Hotel & Suites, Pearland
Holiday Inn Express Hotel & Suites, Port Aransas
Proposed Hilton Garden Inn, Porter
Hilton San Antonio Airport, San Antonio
Hotel Valencia Riverwalk, San Antonio
Microtel Inn & Suites Airport, San Antonio
Microtel Inn & Suites SeaWorld, San Antonio
Quality Inn, Seabrook
Holiday Inn Express, South Padre Island
Holiday Inn Express, Sweetwater
Candlewood Suites, Texarkana
Best Western Inn & Suites, Texas City
La Quinta Inn & Suites, Tomball
Super 8, Victoria
Holiday Inn Express Space Center, Webster
Proposed Hotel, Webster
 
UTAH 
Howard Johnson, St. George
 
VIRGINIA 
Hyatt Place Roanoke Airport Valley View Mall, Roanoke
 
WEST VIRGINIA 
Hilton Garden Inn, Morgantown
Corduroy Inn, Snowshoe
 
WISCONSIN 
Quality Inn, Rhinelander
 
 
INTERNATIONAL
 
Proposed Hotel, Guatemala City, Guatemala
Proposed La Quinta Inn, Panama City, Panama
Hyatt Regency, Cancun, Mexico
Yalmakan Resort, Cancun, Mexico

My Articles

HVS Market Pulse: Cincinnati, OH

Hotel performance in the Queen City is experiencing record highs, leading to strong interest in hotel development. In this article, we examine what is driving demand growth and how the lodging market will react to an expected supply surge.

• October 17, 2018 By Brian Arevalo

• Development & Construction , Valuations & Market Studies , Travel & Tourism , Economic Trends and Cycles , Cincinnati , North America , Ohio , United States

HVS Hotel Market Intelligence Report: Corpus Christi, Texas

Corpus Christi’s economy is buttressed by tourism, an expanding international port of shipping and trade, and an energy industry that has realized enormous growth over the past few years. How have improving economic conditions affected area hotels?

• April 1, 2013 By Brian Arevalo

• Valuations & Market Studies , Economic Trends and Cycles , North America