Robert Fitzpatrick
Senior Vice President
As Vice President of Asset Management at HVS, Robert oversees the performance of hospitality properties within the HVS portfolio, including their strategy, financial performance, and operations, to maximize returns on investment and ensure their long-term success. He also provides hotel development consulting and brand and operator searches for clients across the United States.
Robert is known for his detailed analyses, which include creative and innovative solutions to increase profits. His credible, practical recommendations for improvements are rooted in his extensive on-property knowledge based on a decade of property-level operations experience in various markets. As a result, he offers clients unique insights to provide the best outcomes and financial results, as well as identifying property-level implications when executing new strategies.
Robert believes that collaborative communication is essential and fosters a collective team spirit by working with all stakeholders to establish a profitable hotel operation. He strives for transparent and clear communication from ownership down to the property level so that everyone shares the same goals and vision of success. In this way, tools and best practices are deployed in the most effective way possible.
Robert has authored market insight publications as well as in-depth hospitality research with the 2023 HVS U.S. Hotel Franchise Fee Guide. If you are a developer working on a hospitality asset, an owner of one or 100 hotel properties, or an interested party looking to diversify into a new asset class, please do not hesitate to tap into Robert's global knowledge of the hospitality industry.
Robert is known for his detailed analyses, which include creative and innovative solutions to increase profits. His credible, practical recommendations for improvements are rooted in his extensive on-property knowledge based on a decade of property-level operations experience in various markets. As a result, he offers clients unique insights to provide the best outcomes and financial results, as well as identifying property-level implications when executing new strategies.
Robert believes that collaborative communication is essential and fosters a collective team spirit by working with all stakeholders to establish a profitable hotel operation. He strives for transparent and clear communication from ownership down to the property level so that everyone shares the same goals and vision of success. In this way, tools and best practices are deployed in the most effective way possible.
Robert has authored market insight publications as well as in-depth hospitality research with the 2023 HVS U.S. Hotel Franchise Fee Guide. If you are a developer working on a hospitality asset, an owner of one or 100 hotel properties, or an interested party looking to diversify into a new asset class, please do not hesitate to tap into Robert's global knowledge of the hospitality industry.
Master and Bachelor of Science
Chaplin School of Hospitality & Tourism Management, Florida International University
Other Specialized Training Classes Completed:
Certification in Hotel Industry Analytics (CHIA), American Hotel & Lodging Educational Institute (AHLEI) and STR
Leadership Certification, Florida International University Academy of Leaders (AOL)
Hospitality Management & the Internet of Things (IoT), Florida International University
Basic Appraisal Principles
USPAP
Basic Appraisal Procedures
General Appraiser Income Approach
General Appraiser Site Valuation and Cost Approach
Chaplin School of Hospitality & Tourism Management, Florida International University
Other Specialized Training Classes Completed:
Certification in Hotel Industry Analytics (CHIA), American Hotel & Lodging Educational Institute (AHLEI) and STR
Leadership Certification, Florida International University Academy of Leaders (AOL)
Hospitality Management & the Internet of Things (IoT), Florida International University
Basic Appraisal Principles
USPAP
Basic Appraisal Procedures
General Appraiser Income Approach
General Appraiser Site Valuation and Cost Approach
2023 - Present
HVS ASSET MANAGEMENT AND ADVISORY
New York, New York
2021-2023
HVS CONSULTING AND VALUATION SERVICES
New York, New York
2019–2020
AMERICAN MUSEUM OF NATURAL HISTORY
New York, New York
2012–2019
LE PARKER MERIDIEN
New York, New York
2010–2012
EMBASSY SUITES HOTEL & SPA
La Quinta, California
2010
THE OLD 76’ HOUSE
Tappan, New York
2009
REGAL AIRPORT HOTEL
Hong Kong
HVS ASSET MANAGEMENT AND ADVISORY
New York, New York
2021-2023
HVS CONSULTING AND VALUATION SERVICES
New York, New York
2019–2020
AMERICAN MUSEUM OF NATURAL HISTORY
New York, New York
2012–2019
LE PARKER MERIDIEN
New York, New York
2010–2012
EMBASSY SUITES HOTEL & SPA
La Quinta, California
2010
THE OLD 76’ HOUSE
Tappan, New York
2009
REGAL AIRPORT HOTEL
Hong Kong
Sample List for Illustrative Purposes
CONNECTICUT
Proposed Great Wolf Lodge at Mashantucket, Ledyard
Red Carpet Inn, Stamford
FLORIDA
Residence Inn Jacksonville Mayo Clinic Area, Jacksonville
GEORGIA
Best Western, Acworth
Hilton Garden Inn Atlanta Airport/ Millennium Center, College Park
Holiday Inn Express & Suites Jackson, Jackson
Fairfield Inn & Suites by Marriott Locust Grove I-75 South, Locust Grove
INDIANA
Super 8, Brownsburg
Holiday Inn Lafayette City Centre, Lafayette
MAINE
Mid Town Motel, Boothbay Harbor
MARYLAND
Clarion Hotel BWI Airport Arundel Mills, Hanover
Ramada by Wyndham BWI, Hanover
NEW JERSEY
Horizon Inn, Avenel
Days Inn Freehold, Freehold
Proposed Holiday Inn Express Linden, Linden
Hampton by Hilton Laurel/Moorestown, Mount Laurel
Best Western Plus Regency House, Pompton Plains
Hilton Garden Inn Ridgefield Park, Ridgefield Park
Kings Inn Hotel Wayne, Wayne
NEW YORK
Hampton by Hilton Albany-Wolf Road (Airport), Albany
Inn at Cobleskill, Cobleskill
Courtyard by Marriott Fishkill, Fishkill
Proposed Courtyard by Marriott Central Valley, Harriman
Radisson Hotel Hauppauge Long Island, Hauppauge
Whitman Motor Lodge Huntington Station, Huntington Station
DoubleTree by Hilton New York Times Square West, New York
New Yorker A Wyndham Hotel, New York
Homewood Suites by Hilton Ronkonkoma, Ronkonkoma
Comfort Inn & Suites Saratoga Springs, Saratoga Springs
Hampton by Hilton Staten Island, Staten Island
Holiday Inn Express Staten Island West, Staten Island
Staten Island Inn, Staten Island
Hyatt House, White Plains
OHIO
Motel 6 Columbus OSU, Columbus
PENNSYLVANIA
Red Roof Inn Allentown South, Allentown
Holiday Inn Scranton East, Dunmore
Hampton by Hilton Matamoras Milford, Matamoras
Club Quarters Philadelphia, Philadelphia
Serenite Private Residences Club at Camelback Mountain, Tannersville
TEXAS
Residence Inn by Marriott Houston Katy Mills, Katy
WEST VIRGINIA
Proposed North Fayetteville Hotel-Resort, Fayetteville
Microtel Inn & Suites by Wyndham, Hazelton
CONNECTICUT
Proposed Great Wolf Lodge at Mashantucket, Ledyard
Red Carpet Inn, Stamford
FLORIDA
Residence Inn Jacksonville Mayo Clinic Area, Jacksonville
GEORGIA
Best Western, Acworth
Hilton Garden Inn Atlanta Airport/ Millennium Center, College Park
Holiday Inn Express & Suites Jackson, Jackson
Fairfield Inn & Suites by Marriott Locust Grove I-75 South, Locust Grove
INDIANA
Super 8, Brownsburg
Holiday Inn Lafayette City Centre, Lafayette
MAINE
Mid Town Motel, Boothbay Harbor
MARYLAND
Clarion Hotel BWI Airport Arundel Mills, Hanover
Ramada by Wyndham BWI, Hanover
NEW JERSEY
Horizon Inn, Avenel
Days Inn Freehold, Freehold
Proposed Holiday Inn Express Linden, Linden
Hampton by Hilton Laurel/Moorestown, Mount Laurel
Best Western Plus Regency House, Pompton Plains
Hilton Garden Inn Ridgefield Park, Ridgefield Park
Kings Inn Hotel Wayne, Wayne
NEW YORK
Hampton by Hilton Albany-Wolf Road (Airport), Albany
Inn at Cobleskill, Cobleskill
Courtyard by Marriott Fishkill, Fishkill
Proposed Courtyard by Marriott Central Valley, Harriman
Radisson Hotel Hauppauge Long Island, Hauppauge
Whitman Motor Lodge Huntington Station, Huntington Station
DoubleTree by Hilton New York Times Square West, New York
New Yorker A Wyndham Hotel, New York
Homewood Suites by Hilton Ronkonkoma, Ronkonkoma
Comfort Inn & Suites Saratoga Springs, Saratoga Springs
Hampton by Hilton Staten Island, Staten Island
Holiday Inn Express Staten Island West, Staten Island
Staten Island Inn, Staten Island
Hyatt House, White Plains
OHIO
Motel 6 Columbus OSU, Columbus
PENNSYLVANIA
Red Roof Inn Allentown South, Allentown
Holiday Inn Scranton East, Dunmore
Hampton by Hilton Matamoras Milford, Matamoras
Club Quarters Philadelphia, Philadelphia
Serenite Private Residences Club at Camelback Mountain, Tannersville
TEXAS
Residence Inn by Marriott Houston Katy Mills, Katy
WEST VIRGINIA
Proposed North Fayetteville Hotel-Resort, Fayetteville
Microtel Inn & Suites by Wyndham, Hazelton
Albany's Hotel Industry: A Bright Outlook
Albany's hotel industry continues to rebound from the pandemic. This article reviews the performance and recent trends of two distinct Albany submarkets and the market’s extended-stay hotel segment. Through this review, we provide a comprehensive overview of Albany’s performance coming out of the pandemic.
Robert Fitzpatrick
Senior Vice President
As Vice President of Asset Management at HVS, Robert oversees the performance of hospitality properties within the HVS portfolio, including their strategy, financial performance, and operations, to maximize returns on investment and ensure their long-term success. He also provides hotel development consulting and brand and operator searches for clients across the United States.
Robert is known for his detailed analyses, which include creative and innovative solutions to increase profits. His credible, practical recommendations for improvements are rooted in his extensive on-property knowledge based on a decade of property-level operations experience in various markets. As a result, he offers clients unique insights to provide the best outcomes and financial results, as well as identifying property-level implications when executing new strategies.
Robert believes that collaborative communication is essential and fosters a collective team spirit by working with all stakeholders to establish a profitable hotel operation. He strives for transparent and clear communication from ownership down to the property level so that everyone shares the same goals and vision of success. In this way, tools and best practices are deployed in the most effective way possible.
Robert has authored market insight publications as well as in-depth hospitality research with the 2023 HVS U.S. Hotel Franchise Fee Guide. If you are a developer working on a hospitality asset, an owner of one or 100 hotel properties, or an interested party looking to diversify into a new asset class, please do not hesitate to tap into Robert's global knowledge of the hospitality industry.
Robert is known for his detailed analyses, which include creative and innovative solutions to increase profits. His credible, practical recommendations for improvements are rooted in his extensive on-property knowledge based on a decade of property-level operations experience in various markets. As a result, he offers clients unique insights to provide the best outcomes and financial results, as well as identifying property-level implications when executing new strategies.
Robert believes that collaborative communication is essential and fosters a collective team spirit by working with all stakeholders to establish a profitable hotel operation. He strives for transparent and clear communication from ownership down to the property level so that everyone shares the same goals and vision of success. In this way, tools and best practices are deployed in the most effective way possible.
Robert has authored market insight publications as well as in-depth hospitality research with the 2023 HVS U.S. Hotel Franchise Fee Guide. If you are a developer working on a hospitality asset, an owner of one or 100 hotel properties, or an interested party looking to diversify into a new asset class, please do not hesitate to tap into Robert's global knowledge of the hospitality industry.
Master and Bachelor of Science
Chaplin School of Hospitality & Tourism Management, Florida International University
Other Specialized Training Classes Completed:
Certification in Hotel Industry Analytics (CHIA), American Hotel & Lodging Educational Institute (AHLEI) and STR
Leadership Certification, Florida International University Academy of Leaders (AOL)
Hospitality Management & the Internet of Things (IoT), Florida International University
Basic Appraisal Principles
USPAP
Basic Appraisal Procedures
General Appraiser Income Approach
General Appraiser Site Valuation and Cost Approach
Chaplin School of Hospitality & Tourism Management, Florida International University
Other Specialized Training Classes Completed:
Certification in Hotel Industry Analytics (CHIA), American Hotel & Lodging Educational Institute (AHLEI) and STR
Leadership Certification, Florida International University Academy of Leaders (AOL)
Hospitality Management & the Internet of Things (IoT), Florida International University
Basic Appraisal Principles
USPAP
Basic Appraisal Procedures
General Appraiser Income Approach
General Appraiser Site Valuation and Cost Approach
2023 - Present
HVS ASSET MANAGEMENT AND ADVISORY
New York, New York
2021-2023
HVS CONSULTING AND VALUATION SERVICES
New York, New York
2019–2020
AMERICAN MUSEUM OF NATURAL HISTORY
New York, New York
2012–2019
LE PARKER MERIDIEN
New York, New York
2010–2012
EMBASSY SUITES HOTEL & SPA
La Quinta, California
2010
THE OLD 76’ HOUSE
Tappan, New York
2009
REGAL AIRPORT HOTEL
Hong Kong
HVS ASSET MANAGEMENT AND ADVISORY
New York, New York
2021-2023
HVS CONSULTING AND VALUATION SERVICES
New York, New York
2019–2020
AMERICAN MUSEUM OF NATURAL HISTORY
New York, New York
2012–2019
LE PARKER MERIDIEN
New York, New York
2010–2012
EMBASSY SUITES HOTEL & SPA
La Quinta, California
2010
THE OLD 76’ HOUSE
Tappan, New York
2009
REGAL AIRPORT HOTEL
Hong Kong
Sample List for Illustrative Purposes
CONNECTICUT
Proposed Great Wolf Lodge at Mashantucket, Ledyard
Red Carpet Inn, Stamford
FLORIDA
Residence Inn Jacksonville Mayo Clinic Area, Jacksonville
GEORGIA
Best Western, Acworth
Hilton Garden Inn Atlanta Airport/ Millennium Center, College Park
Holiday Inn Express & Suites Jackson, Jackson
Fairfield Inn & Suites by Marriott Locust Grove I-75 South, Locust Grove
INDIANA
Super 8, Brownsburg
Holiday Inn Lafayette City Centre, Lafayette
MAINE
Mid Town Motel, Boothbay Harbor
MARYLAND
Clarion Hotel BWI Airport Arundel Mills, Hanover
Ramada by Wyndham BWI, Hanover
NEW JERSEY
Horizon Inn, Avenel
Days Inn Freehold, Freehold
Proposed Holiday Inn Express Linden, Linden
Hampton by Hilton Laurel/Moorestown, Mount Laurel
Best Western Plus Regency House, Pompton Plains
Hilton Garden Inn Ridgefield Park, Ridgefield Park
Kings Inn Hotel Wayne, Wayne
NEW YORK
Hampton by Hilton Albany-Wolf Road (Airport), Albany
Inn at Cobleskill, Cobleskill
Courtyard by Marriott Fishkill, Fishkill
Proposed Courtyard by Marriott Central Valley, Harriman
Radisson Hotel Hauppauge Long Island, Hauppauge
Whitman Motor Lodge Huntington Station, Huntington Station
DoubleTree by Hilton New York Times Square West, New York
New Yorker A Wyndham Hotel, New York
Homewood Suites by Hilton Ronkonkoma, Ronkonkoma
Comfort Inn & Suites Saratoga Springs, Saratoga Springs
Hampton by Hilton Staten Island, Staten Island
Holiday Inn Express Staten Island West, Staten Island
Staten Island Inn, Staten Island
Hyatt House, White Plains
OHIO
Motel 6 Columbus OSU, Columbus
PENNSYLVANIA
Red Roof Inn Allentown South, Allentown
Holiday Inn Scranton East, Dunmore
Hampton by Hilton Matamoras Milford, Matamoras
Club Quarters Philadelphia, Philadelphia
Serenite Private Residences Club at Camelback Mountain, Tannersville
TEXAS
Residence Inn by Marriott Houston Katy Mills, Katy
WEST VIRGINIA
Proposed North Fayetteville Hotel-Resort, Fayetteville
Microtel Inn & Suites by Wyndham, Hazelton
CONNECTICUT
Proposed Great Wolf Lodge at Mashantucket, Ledyard
Red Carpet Inn, Stamford
FLORIDA
Residence Inn Jacksonville Mayo Clinic Area, Jacksonville
GEORGIA
Best Western, Acworth
Hilton Garden Inn Atlanta Airport/ Millennium Center, College Park
Holiday Inn Express & Suites Jackson, Jackson
Fairfield Inn & Suites by Marriott Locust Grove I-75 South, Locust Grove
INDIANA
Super 8, Brownsburg
Holiday Inn Lafayette City Centre, Lafayette
MAINE
Mid Town Motel, Boothbay Harbor
MARYLAND
Clarion Hotel BWI Airport Arundel Mills, Hanover
Ramada by Wyndham BWI, Hanover
NEW JERSEY
Horizon Inn, Avenel
Days Inn Freehold, Freehold
Proposed Holiday Inn Express Linden, Linden
Hampton by Hilton Laurel/Moorestown, Mount Laurel
Best Western Plus Regency House, Pompton Plains
Hilton Garden Inn Ridgefield Park, Ridgefield Park
Kings Inn Hotel Wayne, Wayne
NEW YORK
Hampton by Hilton Albany-Wolf Road (Airport), Albany
Inn at Cobleskill, Cobleskill
Courtyard by Marriott Fishkill, Fishkill
Proposed Courtyard by Marriott Central Valley, Harriman
Radisson Hotel Hauppauge Long Island, Hauppauge
Whitman Motor Lodge Huntington Station, Huntington Station
DoubleTree by Hilton New York Times Square West, New York
New Yorker A Wyndham Hotel, New York
Homewood Suites by Hilton Ronkonkoma, Ronkonkoma
Comfort Inn & Suites Saratoga Springs, Saratoga Springs
Hampton by Hilton Staten Island, Staten Island
Holiday Inn Express Staten Island West, Staten Island
Staten Island Inn, Staten Island
Hyatt House, White Plains
OHIO
Motel 6 Columbus OSU, Columbus
PENNSYLVANIA
Red Roof Inn Allentown South, Allentown
Holiday Inn Scranton East, Dunmore
Hampton by Hilton Matamoras Milford, Matamoras
Club Quarters Philadelphia, Philadelphia
Serenite Private Residences Club at Camelback Mountain, Tannersville
TEXAS
Residence Inn by Marriott Houston Katy Mills, Katy
WEST VIRGINIA
Proposed North Fayetteville Hotel-Resort, Fayetteville
Microtel Inn & Suites by Wyndham, Hazelton
Albany's Hotel Industry: A Bright Outlook
Albany's hotel industry continues to rebound from the pandemic. This article reviews the performance and recent trends of two distinct Albany submarkets and the market’s extended-stay hotel segment. Through this review, we provide a comprehensive overview of Albany’s performance coming out of the pandemic.