Marcus R. Lee

Consulting Experience

Marcus Lee, a Senior Project Manager with the HVS office in Los Angeles, has worked on numerous hotel consulting and valuation assignments throughout the west. He gained hands-on knowledge of luxury hotel operations at properties across the District, as well as international markets including London and Singapore. Marcus’ background in hospitality includes management positions with premier luxury hotels in the nation’s capital. He was formerly one of the Front Office Managers of The Jefferson Hotel, a historic boutique hotel in Washington, D.C, and he served in rooms management and guest-relations roles at the Capella (now Rosewood) and Ritz-Carlton hotels in Georgetown. In addition, he has worked for the Four Seasons, Mandarin Oriental, and Novotel hotel brands. Marcus earned a BA in International Relations and History from Boston University and a Masters of Tourism and Hospitality Administration from The George Washington University.

Testimonials

"HVS provided my company with extremely useful market data to help us better manage our hotel asset. The service they provided was sent in a timely manner, and all HVS colleagues went above and beyond the ask." – Mr. Ying, CIM Group

"Marcus Lee and Luigi Major did a tremendous job of understanding this new hotel/airbnb mix of product alongside of their in-depth knowledge of the Pam Springs market to deliver the appraisal in a timely manner. They continue to show top-notch customer service as well, discussing with the client and explaining their findings in a thorough way. HVS continues to be at the pinnacle of hotel valuation with in-depth market knowledge. We will continue to use their incredible team and greatly appreciate their ability to quickly analyze a project and decipher its positioning/value in the market, providing us with an accurate valuation in a tight time frame." – Mr. Malecha, Holliday Fenoglio Fowler (HFF)

Employment History

2016 to present
HVS CONSULTING AND VALUATION SERVICES
Washington, D.C.

2016
THE JEFFERSON HOTEL
Washington, D.C.

2014 – 2015
CAPELLA WASHINGTON D.C., GEORGETOWN
Washington, D.C.

2014
THE RITZ-CARLTON GEORGETOWN
Washington, D.C.

2013
FOUR SEASONS WASHINGTON DC
Washington, D.C.

2013
INTERNATIONAL MONETARY FUND
Washington, D.C.

2012
OFFICE OF U.S. CONGRESSMAN BLAINE LUETKEMEYER
Washington, D.C.

2012
THE CENTER FOR SOCIO-ECONOMIC DEVELOPMENT
Geneva, Switzerland

Education

BA – Frederick S. Pardee School of Global Studies, Boston University
MS (Hospitality and Tourism) – School of Business, The George Washington University

Other Specialized Training Classes Completed:
Basic Appraisal Principles – 30 hours
Basic Appraisal Procedures – 30 hours
Uniform Standards of Professional Appraisal Practice (USPAP) – 15 hours
General Appraiser Income Approach (Parts I and II) – 60 hours

Hotels Evaluated

Sample List for Illustrative Purposes
 

ARKANSAS
Residence Inn by Marriott, Little Rock

ARIZONA
DoubleTree by Hilton Phoenix North, Phoenix
Holiday Inn & Suites North Scottsdale Airpark, Scottsdale
Proposed Caesars Republic Hotel at Fashion Square Mall, Scottsdale
Proposed Hampton Inn Phoenix North, Phoenix
Proposed Holiday Inn Express, Phoenix
Proposed La Quinta Inn McDowell Road, Phoenix
Red Roof Inn, Phoenix

CALIFORNIA
Carmel Resort Inn, Carmel-By-The-Sea
Curve Motel, Lynwood
Crowne Plaza Los Angeles Harbor, San Pedro
Courtyard by Marriott San Diego El Cajon, El Cajon
Econo Lodge China Lakes Naval Air Weapons Station, Ridgecrest
Economy Inn, Victorville
Embassy Suites by Hilton Anaheim South, Garden Grove
Embassy Suites by Hilton Anaheim North, Anaheim
Embassy Suites by Hilton, Temecula
Embassy Suites by Hilton Pasadena-Arcadia, Arcadia
Embassy Suites by Hilton, Santa Ana
Hampton Inn & Suites Los Angeles-Glendale, Glendale
Hilton Garden Inn, Davis
Hilton Garden Inn, Lompoc
Hotel Erwin, Venice Beach
Holiday House, Palm Springs
Holiday Inn & Suites Anaheim Disneyland, Anaheim
Hyatt Regency, Newport Beach
Marriott, Walnut Creek
Motel 6, Victorville
Motel 7, Vallejo
National 9, Santa Cruz
Pasea Hotel and Spa
Proposed BODE, Palm Springs
Proposed Extended-Stay Hotel, Oakland
Proposed Full-Service Hotel, Los Angeles
Proposed Hotel Lathrop Town Centre, Lathrop
Proposed Hyatt Place, Walnut Creek
Proposed Hilton Garden Inn, Simi Valley
Proposed Unscripted Hotel, Dream Hotel Group, Los Angeles
Proposed Select-Service Hotel, Oakland
Proposed Selina, San Diego
Proposed Tapestry Collection by Hilton, San Diego
Ranch Motel, Tehachapi
Residence Inn San Diego Chula Vista, Chula Vista
Rodeway Inn, Sonora
SpringHill Suites by Marriott, Corona
Super 8, Fairfield
The Lafayette Hotel, Bungalows & Swim Club, San Diego
The Sonora Inn, Sonora
Travelodge, Hemet
Watsonville Valley Inn, Watsonville
Woodcrest Hotel, Santa Clara 

COLORADO

SpringHill Suites by Marriott Denver Tech Center, Greenwood Village

Proposed The Pad Hostel, Silverthorne

DISTRICT OF COLUMBIA

Hampton Inn & Suites Washington D.C. Navy Yard Ballpark, Washington, D.C.

Mandarin Oriental, Washington, D.C.

The Avery Georgetown, Washington, D.C.

GEORGIA

Baymont Inn & Suites, Griffin

Hotel Indigo, Savannah

Proposed Atlanta Airport Hotel, Hapeville

INDIANA

Clarion Hotel & Conference Center, Indianapolis

Waterfront Hotel & Conference Center, Indianapolis

MAINE

Best Western Plus, Waterville

SureStay by Best Western, Presque Isle

MARYLAND

Best Western Plus Rockville Hotel & Suites, Rockville

Days Inn, Cambridge

Hampton Inn & Suites Baltimore/Aberdeen, Aberdeen

Holiday Inn Express, Waldorf

La Quinta, Aberdeen

Proposed TownePlace Suites by Marriott, Belcamp

Proposed Fairfield Inn & Suites, Aberdeen

Sheraton College Park North, Beltsville

Super 8, Havre de Grace

MISSOURI

 AC Hotel by Marriott Kansas City, Kansas City

NEW JERSEY

Best Western Plus Morristown Inn, Morristown

Brick Motor Inn, Brick

Crowne Plaza, Saddle Brook

Ramada, Wayne

NEW MEXICO

Presidential Inn & Suites, Aztec

Proposed La Quinta Inn & Suites, Farmington

TownePlace Inn & Suites, Farmington

NEW YORK

Berkshire Travel Lodge, Canaan

Budget Inn, Huntington

Central Motel, White Plains

Comfort Inn, Jamestowon

Crowne Plaza, Suffern

Econo Lodge, Elmira

Holiday Inn Express Staten Island West, Staten Island

La Quinta, Batavia

Proposed Holiday Inn Express, Grand Island

NORTH CAROLINA

Baymont Inn & Suites, Eden

Country Inn & Suites by Radisson, Fayetteville-Fort Bragg, Spring Lake

OHIO

Motel 6, Grove City

Motel 6, North Canton

Super 8, Coshocton

OREGON

Quality Inn, Bend

PENNSYLVANIA

Comfort Inn, New Castle

Comfort Inn Cranberry Township, Mars

Hampton Inn, Clarion

Hampton Inn, Monroeville

Red Roof Inn, Chambersburg

Rodeway Inn, York

Scottish Inn, Dunmore

TEXAS 

La Quinta Inn & Suites Houston Magnolia, Houston

SpringHill Suites by Marriott Fort Worth University, Fort Worth

Proposed Autograph Collection by Marriott Trinity Groves, Dallas

Sheraton Downtown, Fort Worth

UTAH

Comfort Inn & Suites, Salt Lake City

Tru by Hilton, Salt Lake City

Proposed Courtyard by Marriott, Cottonwood Heights

VIRGINIA

Candlewood Suites Richmond North Glen Allen, Richmond

Dunning Mills Inn, Fredericksburg

Fairfield Inn by Marriott Richmond Chester, Chester

Hampton Inn Norfolk Naval Base, Norfolk

Hyatt House Sterling/Dulles Airport North, Sterling

Hyatt House Richmond-West, Henrico

Hyatt Place Richmond/Arboretum, Richmond

Hyatt Place Richmond-Glen Allen, Glen Allen

Interstate Inn, Colonial Heights

Proposed Hampton Inn & Suites, Culpeper

Proposed SpringHill Suites by Marriott Richmond Chester, Chester

Proposed Lake Anna Condo Hotel, Mineral

Sleep Inn Marine Corps Quantico, Dumfries

Super 8, Martinsville

Scottish Inn, Fancy Gap

Springhill Suites by Marriott, Fairfax

Suburban Extended Stay Richmond Northwest, Richmond

WEST VIRGINIA

Comfort Suites, Bridgeport

Hotel Morgantown, Morgantown

Oak Tree Inn, Comfort

Red Roof Inn, Parkersburg

Proposed Best Western GLO, Morgantown

My Articles

HVS Market Pulse: San Diego, CA

The second-largest city in California is benefiting from record occupancy levels and new ADR peaks, despite the entrance of new supply.

• March 20, 2019 By Marcus R. Lee

Market Pulse: Orange County Beaches, CA

Recent hotel transactions show investor confidence in this high-barriers-to-entry Southern California market. This article illustrates the current conditions and lodging metrics of the Huntington Beach, Newport Beach, and Costa Mesa submarkets.

• September 19, 2018 By Marcus R. Lee

Market Pulse: Annapolis, MD

Recent hotel transactions show investor confidence in this high-barrier-to-entry market near the major metropolitan areas of Baltimore and D.C. This article illustrates the current conditions and lodging metrics of the Annapolis market.

• April 25, 2018 By Marcus R. Lee , Chelsey Leffet

HVS Market Pulse: Richmond, VA

Richmond was recently rated among the world’s top tourism destinations, and leisure demand remains a pillar of the city’s hotel industry. Corporations, government institutions, and conventions are also driving occupancies and interest in new supply.

• July 3, 2017 By Marcus R. Lee