Russell Kett is Chairman of the London office of HVS, having joined the firm in 1995. He was appointed managing director in 1996 and became chairman in 2012. He has 40 years’ specialist hotel consultancy, investment and real estate experience, focused on providing valuation, feasibility, shared ownership, property, brokerage, investment, asset management, strategy and related consultancy services, advising hotel, serviced apartments and hostel companies, banks, developers and investors on all aspects of their hospitality industry related interests, throughout the EMEA region. Russell is a frequent writer, moderator and speaker on the international hotel industry, especially topics relating to hotel valuation, investment, marketing and finance. Russell received a Lifetime Achievement Award from HOSPA, the hospitality professionals’ association, in 2011. He received the ‘Hall of Fame’ Lifetime Achievement Award at the Hot.E hotel investment conference in London in 2017. He is a Fellow of the Royal Institution of Chartered Surveyors (FRICS) and a member of the International Hotel Investment Council.
Fellow of Royal Institution of Chartered Surveyors (FRICS)
Institute of Hospitality (FIH)
HOSPA – the Hospitality Professionals Association (FHOSPA)
1995 to date: HVS - London
London, England
(Hotel valuations, appraisals, market studies, feasibility reports, strategy studies and investment counselling)
Chairman
1987-1994: TOUCHE ROSS
(GREEN BELFIELD-SMITH division, now Deloitte)
Senior Manager
1984-1987: HORWATH & HORWATH (UK)
Managing Consultant
1983-1984: ADP HOTEL SERVICES
(became Innsite Hotel Services)
Marketing Manager
1977-1983: HORWATH & HORWATH (UK)
Consultant
1974-1977: STRAND HOTELS
Internal Auditor, 1974-1976
Assistant Financial Controller, Cumberland Hotel, 1976-1977
BLACKPOOL COLLEGE (Courtfield Hotel School)
HND in Hotel and Catering Administration
EALING COLLEGE OF HIGHER EDUCATION
Diploma in Management Studies (DMS)
Africa
Austria
Albania
Argentina
Azerbaijan
Belgium
Bulgaria
Croatia
Cyprus
Czech Republic
Denmark
Egypt
Eritrea
Ethiopia
Finland
France
Gaza and West Bank
Germany
Gibraltar
Greece
Greenland
Hungary
India
Ireland
Israel
Italy
Jordan
Lebanon
Lithuania
Libya
Luxembourg
Malaysia
Maldives
Malta
Monaco
Morocco
The Netherlands
Norway
Poland
Portugal
Qatar
Republic of South Africa
Romania
Russia
Saudi Arabia
Seychelles
Slovenia
South Korea
Spain
Saint Barthélemy
Sweden
Switzerland
Syria
Turkey
Thailand
United Arab Emirates
Ukraine
United Kingdom
USA
Zambia
Portfolios
Israel Hotel Market Overview 2016
Trends and Opportunities: Israel Hotel Market Overview 2015
Trends and Opportunities: Israel Hotel Market Overview 2014
Tim Smiths Letter to Santa Claus 2008 - Co-Author
Market Snapshot, Jerusalem 2008
Clear Skies Ahead? Challenges & Trends Shaping the UK Hotel Industry in 2008, 2008 – Co-Author
Hotel Investment Risk – What Are the Chances? 2006 - Co-Author
European Hotel Valuation Index, 2004, 2003 - Co-Author
Investment Driven Break-Even Analysis for Hotels, 2003 - Co-Author
GOPPAR, A Derivative of REVPAR, 2003 - Co-Author
European Timeshare Opportunities for International Hoteliers Interval magazine, 2001 - Co-Author
The Hotel Manager of the Future, The Hospitality Review, April 2000
Regular columnist for Caterer & Hotelkeeper, 1992-96
“Developers got talent”, Service Apartment Summit, London 2017
“Masterclass: Serviced Apartment 101”, British Hospitality & Tourism Summit, London 2017
“Trends and Opportunities in the European Hotel Sector: A review of the key issues affecting hotel investment in Europe and the outlook for 2017 and beyond”, Hi Design Europe, Split 2017
“How Much is Your Hotel Worth”, Young Hoteliers Summit, Lausanne 2017
“CEO Debate: Striving In A Changing Market”, International Hotel Investment Forum, Berlin 2017
“Hotels: A Currency Hedge in Emerging Markets”, THINC Africa, Cape Town 2016
“Update on deals and value trends across Europe”, Hoftel Europe Conference, Lisbon 2016
“European Hotel Valuation Trends” International Hotel Investment Forum, Berlin 2016
“Rise of the local giants: Jumeirah and Rotana – differences and similarities in expansion strategies” Gulf and Indian Ocean Hotel Investors' Summit, Abu Dhabi 2016
“What’s hot, what’s not and what are the desirables?”, Mediterranean Resort & Hotel Real Estate Forum, Madrid 2015
“Global Investors around the world investing in Europe – Asia-Pacific and Middle East Investors”, International Hotel Investment Forum, Berlin 2015
"How to Maximise the Value of Your Hotel", HOSPA, London 2013
"How Does the Sector Further Stablise Itself and Grow into the Next Big Hospitality Segment"?, ASAP Conference, London 2012
"Getting the Wheels of Finance to Turn Again", HOSPACE, London 2012
"What's Next on the Horizon? The View from the Boardroom", Hot.E Conference, London 2012
"Trends in the European Hospitality Industry", Paul Hastings, London & Paris 2012
"Trends in the European Hospitality Industry", Hard Rock Hotels, London 2012
"What Now? What's New? What's Next? The Boutique Hotel of the Future", Boutique Hotels Summit, London 2012
"Your Career in Hospitality Consulting", Oxford Brooks University, 2012
“European Hotel Values & Trends, Hoftel – IHIF Berlin 2012
“How to Value Your Hotel in the Current Economic Climate”, EHL 2012
“How to Value Your Hotel in the Current Economic Climate”, ESSEC Business School, 2012
“Trends in the Hospitality Industry - Impact of the Economic Situation in Europe & US on Outbound Tourism – Conditions for Growth of the Israeli Hotel Sector”, Israel Hotel Association, Tel Aviv, 2011
“The Impact of the Hospitality World on Serviced Apartments”, ASAP Conference, 2011
“Hotel Finance: Making Design Pay – Proving that Refurbishment & CAPEX Finally Do Pay”, HOSPACE 2011
“Investment and Finance – Emerging Investment Opportunities”, World Travel Market Conference, 2011
“A View from the Top – Hotel Leaders’ Hard Talk”, SAHIC conference, 2011
“The View from the Top – The Owners Perspective and Outlook for Hotel Investment in Europe”, Hot.E Hotel Investment Conference Europe, London, 2011
“Where Do We Go From Here? – The Design of Boutique Hotel Products in the Future”, Boutique Hotel Summit, 2011
“Transaction and value overview: What interesting deals have been made? What has happened to hotel values?”, Hotels Conference, 2011
“HVS Hotel Valuation Seminar”, Runnymede UK, 2011
“The Market Analysis Process for Hotels”, ESSEC Business School, 2011
“My career in Hotel Consulting”, Oxford Brookes University, 2011
“Valuing Hotels in the Current Economic Climate plus European hotel trends”, Ecole Hôtelière de Lausanne, 2011
“Valuing Hotels in the Current Economic Climate”, Euromoney conference, 2010
“Valuing Hotels in the Current Economic Climate”, BAHA, 2010
“Valuing a Hotel in the Current Market”, 10th Annual European Hotel Finance & Investment Summit, 2010
“Maximising the Value of Your Hotel in a Downturn”, Ecole Hôtelière de Lausanne, 2010
"Trends and outlook for European hotels - Supply & Demand, Transactions & Values", YPO, 2009
"The Year after Tomorrow", Hospitality Trends Bucharest Conference, 2009
"Hotel & Leisure / Casino: Taking Advantage of Current Opportunities", IMN, 2009
"Trends and outlook for European hotels - supply & demand, transactions & values", Hotel Roundtable, 2009
“Securing Your Investment in Today’s World Against Unknown Events“, Bench Webinar, 2009
“Hotels at Airports”, The Mayfair Conference, 2008
“Maximising the Value of Your Hotel in a Downturn“, Ecole Hôtelière de Lausanne, 2009
“The European Hotel Investment Market – 2009 and Beyond“, Ecole Hôtelière de Lausanne, 2009
“Maximising Ownership Value in a Downturn”, Hoftel 2008 Annual Conference
“Hotels of the Future”, Independent Hotel Forum 2004, London
“Trends in the Transactions and Values of Hotels in the UK and Europe”, British Association of Hospitality Accountants, London, 2004
“How to Maximise the Value of Your Hotel”, EHMA “University Day”, Athens 2004
“The Leaders’ Panel: A Spotlight on the European Market”, Hotel Investment Forum , Berlin 2004, Moderator
“The Hotel Manager as Owner” IHMA , Tel Aviv, 2004
“Current Trends in the UK and European Hotel Sector” Morgan Stanley Roundtable, London, 2004
“The Art and Science of Hotel Valuation”, Guest Lecturer at Oxford Brookes University, 2004
“Europe – The Rush to Invest”, Panellist, The Lodging Conference, Phoenix, 2003
“Changes and Trends in Valuations”, Henry Stewart Hotel Valuation Conference, London, 2003
The State of the Hotel Industry” Moderator on panel session, International Hotel Conference, Monte Carlo, 2003
“Can Bricks and Brains Work Together” Moderator on Panel Session, Euromoney Hotel Conference, London, 2003
“The Art and Science of Hotel Valuations” Guest Lecturer at Oxford Brookes University, 2003
“Hotels, Golf and Resorts: Developing a Winning Formula” Marbella Meeting Point, 2003
“Key Factors to Achieve a Successful Feasibility Study” Guest Lecturer at IMHI, Paris, 2003
“The Art of Hotel Branding” Moderator at Hotel Investment Forum, Berlin, 2003
“European Hotels – Trends and Prospects” Guest Lecturer at University of Strathclyde, Glasgow, 2003
“The Airport Hotel Market Now”, Henry Stewart Airport Conference, London, 2003
“Determining Accurate Hotel Valuations”, Euromoney Seminar 2nd Annual European Investment Forum, London, 2002
“Market Trends in the Global Hotel Market”, Summit Hotels and Resorts 12th Annual General Assembly, Madeira, 2002
“New Initiatives in Hotel Development and Financing”, Moderator at The Middle East Hotel Industry Seminar, Cairo, 2002
Chairman of Judging panel for The Middle East Hotel Awards, Cairo, 2002
“European Hotel Investment Opportunities: What’s Hot and What’s Not?” Moderator at IMN International Hospitality Real Estate Summit, Barcelona, 2002
“The European Hotel Industry – Surviving the Latest Crisis” Moderator at Marbella Meeting Point, 2002
“Innovative Means of Financing Technology Initiatives”, EurHotec Conference, London, 2002
“Show Me the Money – Key Factors Affecting the Value of European Hotels”, European Leisure and Hotels Conference, Paris, 2002
“Trends in Hotel Valuations”, Henry Stewart Conference- Emerging Trends in Leisure Property, London, 2002
“Key Trends in Investment, Development and Management of Hotels”, Hotel Investment Conference, Portugal 2002, Moderator
“A Review of France”, International Hotel Investment Forum, Berlin, 2002, Moderator
“Pricing – Implications for Hotel Owner,” AHP Pricing Seminar, Portugal, 2002
“Hotels and Leisure Properties – Is There Room for Opportunistic Returns?” Chairman and Moderator at IMN Real Estate Conference, London, 2002
“The Art and Science of Hotel Valuations” Guest Lecturer at Oxford Brookes University, 2001
“The Hotel Sector: What is the Current Outlook?” Moderator at IMN Real Estate Conference, London, 2001
“The Hotel Industry Today.” ICAEW/BAHA Hotel Accounting Conference, London, 2001
“Building a Truly Representative Valuation.” Moderator at The London International Hotel Investment Conference, 2001
“Hotels and Airports – A Successful Combination.” Henry Stewart Airport Conference, London, 2001
“Projecting the Future Trends”, Cornell University’s European Hotel Industry Strategy Conference, Conference Co-Chairman, London, 2000
“Boutique Hotels – Fad, Fashion or the Future” Moderator at IH & RA’s 38th Annual Congress, London 2000
“What is My Hotel Worth?” Seventh Annual Henry Stewart Hotel Valuation Conference, London, 1999
“Find The Deal: Hotel and Resort Development Opportunities in Southern Europe”, Barcelona Meeting Point, 1999
“Global Trends in Hotel Values and Transactions”, Young Presidents Organisation, Hotel Industry Roundtable, London, 1999
“The Hotel Manager of The Future”, FHRAI Annual Convention, Nepal, 1999
“The European Hotel Industry’s Trends and Opportunities”, British Association of Hospitality Accountants, London, 1999
“European Hotel Investment and Development”, Moderator of Panel at NYU Hospitality Conference, New York, 1999
Cornell University's "2nd Annual European Hotel Industry Strategy Conference", Conference Co-Chair, London, 1999
"Hotel Development and Investment Opportunities in the Middle East", Conference Chairman, Dubai, 1999
"Hotel Valuation", Lecture to students at Cornell University hotel school, Ithaca USA, 1999
"The Valuation of Hotel REITs", REITs Conference, London, 1998
"Hotel Valuation", Lecture to IMHI Students, Paris, 1998
"Hotel Valuation Trends", Sixth Annual Henry Stewart Hotel Valuation Conference, London, 1998
"Hotel Valuation", Lecture to students at the Scottish Hotel School, Strathclyde University, Glasgow, 1998
Cornell University's "European Hotel Industry Strategy Conference", Conference Co-Chairman, London, 1998
"European Hotel Valuation Trends", Second Annual Henry Stewart European Hotel Valuation Conference, Amsterdam, 1998
"Hotel Valuation - Changes in Practice and Consequences", Fifth Annual Henry Stewart Hotel Valuation Conference, London, 1997
"Hotel Valuation in Europe", Inaugural Henry Stewart European Hotel Valuation Conference, Brussels, 1997
"Hotel Valuation", Lecture to IMHI Students, Paris, 1997
"Hotel Valuation in Europe", Barcelona, 1997
"Alternative Valuation Practices and Their Implications for Funding Strategies", Henry Stewart Hotel Financing Conference, Brussels, 1997
"Airport Hotels - A Flight of Fancy?", Sixth Annual Henry Stewart Conference on Airports and Associated Property, London, 1996
"How Much is that Hotel Worth Now?", Fourth Annual Henry Stewart Hotel Valuation Conference, London, 1996 - Chairman and Speaker
"European Hotel Industry - Update and Outlook", British Association of Hotel Accountants, London, 1996
"Growth and Investment in the UK and International Hotel Sector", JP Morgan and HVS International Conference, London, 1996
“How Much Is That Hotel Worth Now?”, Third Annual Henry Stewart Hotel Valuation Conference, London, 1995 - Chairman
“Valuation of Hotels - the Importance of a Clear Valuation Methodology”, Hotel Investment Conference, Lisbon, Portugal, 1995
“Branding in the Hotel Industry”, Belgian Association of Hospitality Accountants, 1994
“The European Hotel Industry - An Overview”, Hotel Investment Seminar, Stockholm, Sweden, 1994
“Hotel Valuation and Disposal Strategies”, 2nd Annual Henry Stewart Hotel Valuation Conference, London, 1994
“The UK Hotel Industry”, Keynote Speaker, Henry Stewart Valuation Conference, London, 1993
“Financial Management and Control in the Hotel Industry”, University of Surrey, 1993
“Hotel Profitability and Investment - The City Viewpoint”, Investment Seminar, London, 1992
“Managing Hotels for a Receiver - Hotels in Receivership”, Hotel Conference, London, 1992
“The European Hotel Industry - Update and Outlook”, BAHA, 1992
“Key Issues Affecting the European Hospitality Sector”, International Association of Hospitality Accountants, Vancouver, 1992
“The Hotel Industry and the European Community”, Cyprus Hotel Association, 1992
“Tourism Issues Affecting Malta”, Malta Hotels and Restaurants Association, 1992
“Opportunities in European Timeshare for International Hotel Companies", The Journal of Leisure Property, London 2002
Israel’s Battered Hotel Sector Shows Signs of Modest Recovery, 2020
Multi-year recovery along with new opportunities for travel and hospitality sector: HVS, 2020
Focus: Breaking Journey Information investigates: HVS anticipates multi-speed international restoration, 2020
Breaking Travel News investigates: HVS anticipates multi-speed global recovery , 2020
Hotel Operators Must Be Flexible, Be Lean and React Quickly to Change, says HVS Webinar Panellists, 2020
Hotel operators to return to ‘a very different market', where trust will be ‘paramount', 2020
COVID-19 and the European hotel sector, 2020