Kasia M. Russell, MAI

Consulting Experience

A Managing Director, Senior Partner, and head of HVS’s office in Portland, Oregon, Kasia Russell, MAI, has completed or overseen hundreds of assignments, spanning hotel appraisals, market studies, and feasibility studies for proposed hotels, resorts, and mixed-use assets. She has experience with a broad range of clients, including independent investors, hotel owners and management companies, and major banks. Since joining HVS in 2006, Kasia has focused on hospitality markets across the Pacific Northwest. In addition to her consulting and valuation work, Kasia has represented HVS at several major hotel industry events, also having hosted the HVS Market Connections event in Portland in 2016. Kasia authors the firm’s annual Franchise Fee Guide and has written on the dynamics, demand generators, and hotel-supply shifts in the Portland, Seattle, and Phoenix lodging markets. Kasia earned her bachelor's degree from Western Washington University; she has front-line hotel experience with a variety of hotels, casinos, and resorts throughout the state of Washington. She is a Designated Member of the Appraisal Institute (MAI).

Testimonials

"Ms. Kasia Russell was my contact person. Throughout the process she was very professional, friendly and caring. She worked with me as one would work with a longtime trusted friend. Kasia provided answers to all of my questions regarding my business needs for the study and even emailed me after the project was completed to see if I had any further question or if she could help me understand our report in depth. Because of Kasia's service, I will call HVS for my future projects." – Devin Singh, Phoenix, AZ

Employment History

2006 – Present
HVS CONSULTING AND VALUATION SERVICES
Boulder, Colorado

2005 – 2006
SKAGIT VALLEY CASINO RESORT
Bow, Washington

2003 – 2004
HOTEL BELLWETHER
Bellingham, Washington

Education

WESTERN WASHINGTON UNIVERSITY
Bachelor of Arts

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 Sales Comparison Approach – 30 hours
General Appraiser Site Valuation and Cost Approach – 30 hours
Business Practices and Ethics – 8 hours
Statistics, Modeling and Finance – 15 hours
General Appraiser Report Writing and Case Studies – 30 hours
Advanced Income Capitalization – 40 hours
Report Writing and Valuation Analysis – 40 hours
Small Hotel Valuation – 7 hours
Fundamentals of Separating Real, Personal Property, and Intangible Business Assets – 15 hours
Advanced Market Analysis and Highest & Best Use – 35 hours
Advanced Concepts & Case Studies – 40 hours
General Demonstration Appraisal Report Writing (Demo)
OR Supervisor/Trainee Class – 4 hours
Advanced Income – 35 hours
CA Laws and Regulations – 4 hours
Nevada Law – 4 hours
Mortgage Fraud – 7 hours
Oddball Appraisals – 7 hours
Business and Equipment Values in a Real Estate Appraisal – 2 hours
Advanced Hotel Appraising – Full-Service Hotels – 7 hours
Appraisal of Owner-Occupied Commercial Properties – 7 hours
Appraisal of Land Subject to Ground Lease – 7 hours
Basics of Expert Witness – 7 hours
Appraiser as an Expert Witness – 15 hours
CA Supervisor/Trainee – 4 hours
NV Law – 3 hours
Business Practice and Ethics – 5 hours
Biennial USPAP Updates

State Certification

Alaska
Arizona
California
Colorado
Idaho
Nevada
Oregon
Utah
Washington

Affiliations

Appraisal Institute – Designated Member (MAI)

Hotels Evaluated

Sample List for Illustrative Purposes

PORTFOLIO ANALYSIS
JPMorgan Portfolio of 6, Various Locations
JPMorgan Portfolio of 9, Various Locations
Natixis Portfolio of 14, Various Locations
Quarterly Clarion Portfolio of 47, Various Locations
Portfolio of 14 Shilo Inns, Various Locations in the Western U.S.
Portfolio of 7 Full-Service Hotels, Various Locations
 
ALABAMA          
Homewood Suites, Huntsville
Comfort Inn, Prattville
Courtyard by Marriott, Prattville
Proposed Homewood Suites, Prattville
 
ALASKA
Coast International Inn, Anchorage
Proposed Home2 Suites, Anchorage
Ramada Anchorage, Anchorage
Super 8 Juneau, Juneau
 
ARIZONA
Proposed Hyatt Place, Avondale
Carefree Resort (Conversion to DoubleTree), Carefree
Red Roof Inn, Chandler
Best Western, Cottonwood
Hilton Garden Inn, Flagstaff
Residence Inn by Marriott Phoenix Gilbert, Gilbert
Tru by Hilton Gilbert, Gilbert
Proposed Holiday Inn Express/Staybridge Suites, Goodyear
Travelodge, Lake Havasu City
Proposed Homewood Suites by Hilton, Lake Havasu
Hilton Phoenix East, Mesa
Holiday Inn Hotel & Suites Phoenix Mesa Chandler, Mesa
Residence Inn Phoenix Mesa East, Mesa
Candlewood Suites, Nogales
Proposed Wingate Inn Page Arizona, Page
Arizona Grand Resort, Phoenix
Country Inn & Suites, Phoenix
Crowne Plaza, Phoenix
Hilton Garden Inn Airport North, Phoenix
Hilton Suites, Phoenix
Hyatt Regency, Phoenix
Proposed Dual-Branded Hotel Happy Valley, Phoenix
Proposed Hotel Downtown Prescott, Prescott
Red Roof Inn, Phoenix
Sheraton Phoenix Downtown, Phoenix
Travelodge, Phoenix
Holiday Inn Express, Pinetop
Days Inn, Sedona
Holiday Inn Express, Show Low
Candlewood Suites, Sierra Vista
Holiday Inn Express, Sierra Vista
MOXY Phoenix Tempe/ASU Area, Temple
Proposed Hilton Garden Inn/Home2 Suites by Hilton, Tempe
Ramada, Tempe
Red Roof Inn Phoenix Airport, Tempe
Proposed Best Western, Topock
Holiday Inn Express, Tucson
Hotel Arizona, Tucson
Sheraton Hotel & Suites, Tucson
Holiday Inn Express, Winslow
 
CALIFORNIA
Hampton Inn & Suites Oakland Airport Alameda, Alameda
Home2 Suites Alameda Oakland Airport, Alameda
Proposed Fairfield Inn & Suites, Alameda
Hotel Menage, Anaheim
Proposed Azusa Hotel, Azusa
Hampton Inn & Suites, Blythe
Chase Suites Hotel, Brea
Proposed Hampton Inn, Buena Park
Crowne Plaza, Burlingame
L'Auberge Carmel, Carmel-by-the-Sea
Residence Inn by Marriott, Corona
Residence Inn, Cupertino
DoubleTree Suites by Hilton Hotel Doheny Beach Dana Point, Dana Point
Propose Hotels, Davis
Rodeway Inn Encinitas North, Encinitas
Courtyard by Marriott, Fairfield
Courtyard Airport, Fresno
Radisson, Fresno
Hyatt Regency Orange County, Garden Grove
Residence Inn Anaheim/Garden Grove, Garden Grove
Proposed Hilton Garden Inn, Irvine
Proposed Country Inn & Suites, Kanab
Proposed Hampton Inn & Suites by Hilton, La Habra
La Jolla Inn (Conversion to Ascend Collection), La Jolla
Proposed Select-Service Hotel, Lake Havasu
Homewood Suites, La Quinta
Holiday Inn Express Lincoln Roseville, Lincoln
Proposed Select-Service Hotel, Livermore
Hilton Garden Inn, Lompoc
Proposed Hilton Garden Inn, Lompoc
Proposed Breakers Hotel Long Beach, Long Beach
The Cecil Hotel, Los Angeles
Claremont Hotel Tiverton, Los Angeles
Proposed Hampton Inn & Suites Korea Town, Los Angeles
Proposed Hotel, Los Angeles
The Standard Hotel, Los Angeles
Proposed Residence Inn by Marriott, Mammoth Lakes
Belamar Hotel, Manhattan Beach
Proposed Autograph Hotel, Menlo Park
Stanford Park Hotel, Menlo Park
Marriott, Monterey
Proposed Hotel, Napa
Proposed Hampton Inn, Needles
Fairfield Inn & Suites Riverside Corona Norco, Norco
Hampton Inn by Hilton Oakland Downtown City Center, Oakland
Proposed Hampton by Hilton, Oakland
Ontario Airport Hotel & Conference Center, Ontario
Radisson Ontario Airport, Ontario
Sheraton, Ontario
Embassy Suites, Orange
Proposed Oroville Hotel, Oroville
Bide-A-Wee Inn & Cottages, Pacific Grove
Sea Breeze Inn & Cottages, Pacific Grove
Proposed Autograph Hotel, Palm Desert
Hampton Inn & Suites, Palm Desert
Villa Royale Inn, Palm Springs
Proposed Upscale Hotel, Palo Alto
Lancer Motel, Pico Rivera
Proposed Hotel, Pismo Beach
Hilton at the Club Expansion, Pleasanton
La Quinta Inn & Suites, Pomona
Proposed Tierra Oaks Resort, Redding
Proposed Hotel, Rocklin
Lexington Inn & Suites Sacramento Cal Expo, Sacramento
Proposed Hampton Inn, Sacramento
Proposed Hilton Garden Inn, Sacramento
Proposed Hotel, Sacramento
Fairfield Inn by Marriott, San Bernardino
DoubleTree by Hilton Hotel San Diego Downtown, San Diego
Four Points by Sheraton, San Diego
Best Western Americania, San Francisco
Carriage Inn, San Francisco
Good Hotel, San Francisco
Hotel Metropolis, San Francisco
Hotel Vertigo, San Francisco
Mark Twain Hotel, San Francisco
Proposed Crowne Plaza, San Gabriel
Proposed Sheraton Hotel, San Gabriel
Proposed Hotel, San Jose
Proposed Select-Service Hotel, San Luis Obispo
Marriott San Mateo San Francisco Airport, San Mateo
Crowne Plaza, San Pedro
DoubleTree by Hilton Hotel San Diego Downtown, San Diego
Crowne Plaza Los Angeles Harbor, San Pedro
Travelodge, Santa Monica
Sandman Motel, Santa Rosa
Proposed Lexington Hotel, Scotts Valley
Kronborg Inn, Solvang
Proposed Unscripted, South Lake Tahoe
Holiday Inn Express Stockton Southeast, Stockton
Proposed Hampton Inn, Tehachapi
Hotel Truckee Tahoe, Truckee
Embassy Suites, Valencia
Holiday Inn Express, Walnut Creek
Proposed Fairfield Inn & Suites by Marriott, Woodland
 
COLORADO
Proposed Limited-Service Hotel, Breckenridge
Hyatt Summerfield Suites, Colorado Springs
Proposed Comfort Suites/Mainstay Suites, Colorado Springs
Proposed Sheraton Downtown, Colorado Springs
Cameron Motel, Denver
Proposed Hyatt Place DIA, Denver
Quality Inn (Brand Analysis), Denver
Rocky Mountain Park Inn, Estes Park
Gateway Canyons Resort, Gateway
Regency Hotel (Brand Analysis), Greeley
Proposed Hotel, Telluride
Proposed Homewood Suites by Hilton, Thornton
 
CONNECTICUT                  
Fairfield Inn by Marriott, Milford
Fairfield Inn by Marriott, Wallingford
Fairfield Inn by Marriott, Windsor Locks
 
FLORIDA                             
Wakulla Suites, Cocoa Beach
Multi-use Commercial Property, Deerfield Beach
Hampton Inn, Ft. Lauderdale
Hampton Inn, Jacksonville
Residence Inn, Jacksonville
Residence Inn, West Palm Beach
 
GEORGIA
Candlewood Suites, Athens
Embassy Suites, Kennesaw
Hotel Indigo, Vinings
 
HAWAII
Polynesian Plaza, Honolulu
Courtyard by Marriott Kaua'i at Coconut Beach, Kapa'a
 
IDAHO
Hampton Inn & Suites Boise Spectrum, Boise
Hilton Garden Inn Boise Spectrum, Boise
Motel 6 Boise Airport, Boise
Proposed Boise Hotel, Boise
Proposed Sunnyslope Wine Trail Hotel, Caldwell
Hampton Inn & Suites, Coeur d’Alene
Holiday Inn Express, Coeur d'Alene
La Quinta Inn & Suites, Coeur d’Alene
Shilo Inn Suites, Coeur d'Alene
Proposed SpringHill Suites, Coeur d’Alene
SpringHill Suites by Marriott, Coeur d’Alene
Proposed Homewood Suites by Hilton Eagle, Eagle
Proposed Lodge at Carlin Bay, Harrison
Proposed Hotel, Idaho Falls
Shilo Inn, Idaho Falls
Fairfield Inn & Suites, Moscow
Proposed Boutique Hotel Moscow, Moscow
Proposed Fairfield Inn & Suites, Moscow
Hampton Inn & Suites, Mountain Home
Proposed Nampa Hotel, Nampa
Proposed Hotel, Nampa
Hampton Inn, Twin Falls
Holiday Inn Express, Twin Falls
La Quinta Inn & Suites, Twin Falls
Motel 6, Twin Falls
Proposed TownePlace Suites by Marriott, Twin Falls
Quality Inn, Twin Falls
 
ILLINOIS                             
Holiday Inn Merchandise Mart, Chicago
Hilton Oak Lawn, Chicago
Proposed Renaissance Blackstone, Chicago
Renaissance, Chicago
Danville Inn & Convention Center, Danville
Marriott Suites, Deerfield
Proposed Hampton Inn & Suites, Edwardsville
Comfort Inn, Elk Grove Village
Days Inn, Matteson
Holiday Inn, Moline
Holiday Inn Express, Moline
Candlewood Suites, O’Fallon
Inn Town Motel, Rockford
Days Inn, Sheffield
Holiday Inn Express, Shiloh
The Blue Star Inn, Urbana
Holiday Inn, Willowbrook
 
INDIANA                             
Red Carpet Inn, Anderson
Proposed Suburban Extended-Stay, Castleton
Proposed Suburban Extended-Stay, Clarksville
La Quinta Inn & Suites, Fort Wayne
Quality Inn, Fort Wayne
Sheraton Keystone Crossing, Indianapolis
Quality Inn & Suites, Lebanon
Ramada Inn, Logansport
Super 8, Logansport
Super 8, Markle
Days Inn, Merrillville
Holiday Inn, Merrillville
Proposed Holiday Inn, Merrillville
Knights Inn, South Bend
Proposed Suburban Extended-Stay, South Bend
Hilton Garden Inn, West Lafayette
 
IOWA
Days Inn, Davenport
Hampton Inn, Des Moines
Quality Inn, Newton
Econo Lodge, West Liberty
 
KANSAS
Econo Lodge, Wichita
 
KENTUCKY
Baymont Inn & Suites, Bowling Green
Rodeway Inn, Florence
 
LOUISIANA
Proposed Courtyard by Marriott, Houma
 
MARYLAND
Hampton Inn, Lexington
 
MICHIGAN
Comfort Suites, Benton Harbor
Best Western, Grand Haven
Econo Lodge, Lansing
The Regent Inn, Lansing
Econo Lodge, Petoskey
 
MISSISSIPPI
Proposed Oxford Boutique Hotel & Spa, Oxford
 
MINNESOTA                      
Hampton Inn, Eagan
Hampton Inn, Eden Prairie
Proposed aloft, Edina
Super 8, Granite Falls
Super 8, Marshall
DoubleTree Park Place, Minneapolis
Hotel IVY, Minneapolis
Proposed Westin, Minneapolis
Westin, Minneapolis
Hampton Inn, Minnetonka
 
MISSISSIPPI
Car Wash, Magee
 
MISSOURI
Hampton Inn, Bloomington
Proposed Indigo Hotel, Kansas City
 
MONTANA
Proposed Limited-Service Hotel, Culbertson
Proposed Best Western Plus, East Glacier Park
Greystone Inn, Great Falls
 
NEBRASKA
Days Inn, McCook
Proposed Hotel, South Sioux City
 
NEVADA
Hampton Inn & Suites by Hilton Las Vegas Airport, Las Vegas
Proposed Fairfield Inn & SpringHill Suites Dual-Branded Hotel, Las Vegas
Siena Hotel, Reno
 
NEW JERSEY
Sheraton, Eatontown
Rest Inn, Williamstown
 
NEW MEXICO                    
Hampton Inn, Albuquerque
Hawthorn Suites, Albuquerque
Hotel Parq Central, Albuquerque
Proposed Tapestry Hotel, Albuquerque
Wyndham, Albuquerque
Proposed Home2 Suites, Farmington
Hotel Encanto de Las Cruces, Las Cruces
Bishops Lodge Ranch Resort & Spa, Santa Fe
Hotel St. Francis, Santa Fe
 
NEW YORK                        
Rodeway Inn, Ithaca
Fairfield Inn, Spring Valley
Proposed Hilton Garden Inn, Williamsville
 
NORTH DAKOTA
Grand Williston Hotel & Conference Center, Williston
 
OHIO                    
Comfort Inn, Austintown
Sheraton, Independence
The Elms Holiday Inn, Oxford
 
OREGON
Cannery Pier Hotel & Spa, Astoria
Holiday Inn Express & Suites Astoria, Astoria
Proposed Hotel, Astoria
DoubleTree, Beaverton
Proposed AC by Marriott, Beaverton
Proposed Limited-Service Hotel, Beaverton
Hampton Inn & Suites, Bend
Hilton Garden Inn, Bend
Proposed Autograph Collection Hotel, Bend
Proposed Embassy Suites, Bend
Proposed Extended-Stay St. Charles Medical Center Hotel, Bend
Proposed Home2 Suites, Bend
Proposed Hotel, Bend
Proposed Hyatt House Bend, Bend
Proposed Limited-Service Hotel, Bend
Proposed Limited-Service Hotel, Boardman
Holiday Inn Express, Corvallis
Proposed OSU Campus Hotel, Corvallis
Proposed Eugene Boutique Hotel, Eugene
Proposed EVEN Hotels, Eugene
Valley River Inn, Eugene
Proposed Eagle Landing Hotel, Happy Valley
Courtyard Portland Hillsboro, Hillsboro
Proposed Full-Service Orenco Station, Hillsboro
Proposed Home2 Suites by Hilton, Hillsboro
Proposed Residence Inn by Marriott, Hillsboro
Proposed Staybridge Suites, Hillsboro
Residence Inn by Marriott Portland West Hillsboro, Hillsboro
Staybridge Suites Hillsboro North, Hillsboro
TownePlace Suites Portland Hillsboro, Hillsboro
Columbia Gorge Hotel, Hood River
Best Western Olympic Inn, Klamath Falls
Motel 6, Klamath Falls
Best Western Plus Rama Inn & Suites, LaGrande
Hilton Garden Inn, Lake Oswego
Hampton Inn, Medford
Proposed Fairfield Inn & Suites by Marriott, Medford
Proposed Hilton Garden Inn, Medford
Best Western Agate Beach Inn, Newport
Proposed Kiwanda Lodge & Spa, Pacific City
Aloft Portland Airport at Cascade Station, Portland
Canopy by Hilton Portland Pearl District, Portland
Country Inn & Suites PDX, Portland
Courtyard by Marriott Portland Downtown/Convention Center, Portland
DoubleTree Lloyd Center, Portland
Duniway Portland, a Hilton Hotel, Portland
Hilton Portland Downtown, Portland
Hotel Lucia, Portland
Proposed AC Hotel Cascade Station, Portland
Proposed Canopy by Hilton Portland Pearl District, Portland
Proposed Cornelius & Woodlark, Portland
Proposed Hilton Garden Inn, Portland
Proposed Hilton-Branded Hotel, Portland
Proposed Hotel Chamberlain, Portland
Proposed Hotel Cornelius, Portland
Proposed Hyatt Place, Portland
Proposed Mall 205 Hotel Portland
Proposed Multnomah County Courthouse Hotel, Portland
Proposed OHSU Extended-Stay Hotel, Portland
Proposed Ritz Carlton & Branded Residences, Portland
Proposed Riverside Center Hotel, Portland
Proposed St. Johns Hotel, Portland
Proposed Woodlark Hotel Portland, Portland
River’s Edge Hotel & Spa, Portland
Staybridge Suites PDX, Portland
Westin, Portland
Comfort Suites, Redmond
Proposed Hampton Inn Redmond, Redmond
Proposed Holiday Inn Express Redmond, Redmond
Proposed WoodSpring Suites, Redmond
Proposed Holman Inn, Salem
Residence Inn by Marriott, Salem
Hilton Garden Inn, Springfield
DoubleTree, Tigard
Embassy Suites, Tigard
Motel 6 Portland Tigard West, Tigard
Proposed IHG Hotel, Tigard
Washington Square Hotel, Tigard
The Resort at the Mountain, Welches
 
PENNSYLVANIA               
Courtyard by Marriott, Altoona
Fairfield Inn by Marriott, Butler
SpringHill Suites by Marriott, Washington
 
PUERTO RICO
Waldorf Astoria El Conquistador Resort, Fajardo
El Conquistador, Las Croabas
El San Juan Hotel & Casino, San Juan
Hilton Condado Plaza Hotel & Casino, San Juan
 
TENNESSEE                       
Clarion Airport Graceland, Memphis
Residence Inn, Nashville
 
TEXAS
Holiday Inn Express, Cedar Hill
Proposed Hotel Developments, DFW Airport
DoubleTree by Hilton, El Paso
La Quinta Inn El Paso Cielo Vista, El Paso
La Quinta, Granbury
Courtyard by Marriott Medical Center, Houston
La Quinta Inn & Suites, Katy
 
UTAH
Proposed Hyatt Place, Kanab
Proposed La Quinta, La Verkin
Best Western Plus Midvale, Midvale
Proposed Microtel, Naples
TownePlace Suites, Orem
Hampton Inn & Suites Park City, Park City
Proposed Upscale Hotel, Park City
Best Western, Richfield
Super 8, Richfield
Hilton Garden Inn, Saint George
Rodeway Inn, Salina
Comfort Inn & Suites Salt Lake City Airport, Salt Lake City
Hilton Garden Inn Downtown, Salt Lake City
Peery Hotel, Salt Lake City
Proposed Homewood Suites by Hilton, Salt Lake City
Tru by Hilton Salt Lake City Airport, Salt Lake City
Home2 Suites by Hilton Salt Lake City, South Jordan
 
VIRGINIA                            
Hampton Inn Petersburg Southpark Mall, Colonial Heights
Holiday Inn Petersburg North Fort Lee, Colonial Heights
DoubleTree Airport, Richmond
Courtyard by Marriott, Vienna
 
WASHINGTON
Proposed Boutique Hotel Allyn, Allyn
Embassy Suites, Bellevue
Fairfield Inn, Bellevue
Proposed AC Hotel, Bellevue
Proposed Marriott, Bellevue
Proposed Upscale Hotel, Bellevue
Residence Inn, Bellevue
SpringHill Suites Bellingham, Bellingham
Westin, Bellevue
Proposed Limited-Service Hotel, Blaine
Proposed SpringHill Suites and TownePlace Suites, Bothell
Residence Inn, Bothell
SpringHill Suites, Bothell
Proposed Holiday Inn Express, Camas
Proposed Candlewood Suites, Camas
Proposed Holiday Inn Express, Camas
Proposed Parker's Landing Hotel, Camas
Hampton Inn & Suites, DuPont
Proposed Limited-Service Hotel, DuPont
Proposed Fairfield Inn & Suites by Marriott, East Wenatchee
Proposed Hotel Silver Lake, Everett
Proposed Holiday Inn Express, Federal Way
Proposed Hotel, Federal Way
Proposed Limited-Service Hotel, Kennewick
Value Inn, Kent
Embassy Suites, Lynnwood
Proposed Hilton Garden Inn, Lynnwood
Residence Inn, Lynnwood
Proposed Home2 Suites, Marysville
Proposed Fairfield Inn & Suites, Moses Lake
Shilo Inn, Moses Lake
Proposed Olympia Hotel, Olympia
Belmont Hotel, Port Townsend
Proposed Hastings Landing Hotel, Port Townsend
Proposed Hilton Garden Inn, Redmond
Hyatt Regency Lake Washington at Seattle’s Southport, Renton
Proposed Lodge at Columbia Point, Richland
Red Lion Hotel Richland Hanford House, Richland
Cedarbrook Lodge & Conference Center, SeaTac
Proposed Wingate Hotel, SeaTac
DoubleTree Airport, Seattle
DoubleTree Arctic Club Hotel, Seattle
Hilton Airport, Seattle
Hilton Downtown, Seattle
Hilton Seattle, Seattle
Homewood Suites, Seattle
Mayflower Park Hotel, Seattle
Proposed AC by Marriott, Seattle
Proposed Autograph, Seattle
Proposed Curio Hotel, Seattle
Proposed Full-Service Hotel, Seattle
Proposed Hotel, Seattle
Proposed JM Hotel, Seattle
Proposed Metropole Hotel, Seattle
Proposed Residence Inn, Seattle
Proposed Stanford Hotel, Seattle
Residence Inn by Marriott, Seattle
Proposed Hotel, Shelton
Proposed Limited Service Hotel, Silverdale
Fairfield Inn by Marriott, Spokane
Quality Inn Spokane Valley (Conversion to Fairfield Inn), Spokane
Hampton Inn & Suites, Spokane Valley
Proposed Tru by Hilton Spokane, Spokane Valley
Proposed Stanwood Hotel, Stanwood
Proposed Candlewood Suites, Sumner
Proposed Hotel, Tacoma
Courtyard by Marriott Seattle South Center, Tukwila
Home2 Suites by Hilton Seattle Airport, Tukwila
Proposed Full-Service Hotel, Tukwila
Proposed Home2 Suites, Tukwila
Residence Inn, Tukwila
Proposed Southend Hotel, Tukwila
Candlewood Suites Vancouver-Camas, Vancouver
Homewood Suites by Hilton, Vancouver
Proposed Hampton Inn, Vancouver
Proposed Indigo Hotel and Condominium Development, Vancouver
Proposed Hotel Vancouver, Vancouver
Residence Inn by Marriott Portland Vancouver, Vancouver
Eritage Resort, Walla Walla
Proposed Penrose Hotel, Walla Walla
The Proposed Penrose Hotel, Walla Walla
SpringHill Suites, Wenatchee
Proposed Home2 Suites by Hilton, Yakima
Proposed My Place Hotel, Yakima
 
WISCONSIN       
Courtyard by Marriott, Brown Deer
Residence Inn, Glendale
Clearwaters Convention Center Hotel, Marshfield
Holiday Inn Express, Milwaukee
Proposed Hotel, Verona
 
WYOMING
The Lodge at Jackson Hole (Best Western), Jackson
Rustic Inn, Jackson
Best Western The Lodge at Jackson Hole, Jackson Hole
The Rustic Inn, Jackson Hole
Paintbrush Motel, Riverton

Press Coverage

HVS Market Connections showcase city performance, 2016

My Articles

HVS U.S. Hotel Franchise Fee Guide 2019

The HVS U.S. Hotel Franchise Fee Guide provides a comparative review of hotel franchises based on their applicable franchise fees. Hotels are complicated investments. Selecting an appropriate franchise affiliation for a property entails exhaustive research and investigation by an investor.

• November 21, 2019 By Kasia M. Russell , Bomie Kim

• Hotel Investments & Ownership , Development & Construction , Valuations & Market Studies , Economic Trends and Cycles , Hotel Franchises , United States , North America

HVS U.S. Franchise Fee Guide

Published each fall, the HVS U.S. Hotel Franchise Fee Guide provides a comparative review of various hotel franchises based on their applicable franchise fees. Selection of an appropriate franchise affiliation affects a property’s ability to compete in its local market, generate profits, and achieve a desirable image and market orientation.

• November 21, 2019 By Kasia M. Russell

• Hotel Management , North America , United States

AAHOA 2019 State of the Hotel Industry

Celebrating its 30th anniversary, the Asian American Hotel Owners Association (AAHOA) convention welcomed nearly 9,000 attendees in its most widely attended event in history. Reportedly, one out of every two hotels in the United States is owned by members of this important association.

• May 16, 2019 By Kasia M. Russell , Tejal N. Patel

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

HVS U.S. Hotel Franchise Fee Guide 2018

The HVS U.S. Hotel Franchise Fee Guide provides a comparative review of various hotel franchises based on their applicable franchise fees.

• November 20, 2018 By Kasia M. Russell , Bomie Kim

• Hotel Investments & Ownership , Development & Construction , Valuations & Market Studies , Economic Trends and Cycles , Hotel Franchises , United States , North America

HVS U.S. Hotel Franchise Fee Guide 2016/17

The HVS U.S. Hotel Franchise Fee Guide provides a comparative review of various hotel franchises based on their applicable franchise fees.

• September 11, 2017 By Kasia M. Russell , Bomie Kim

• Hotel Investments & Ownership , Development & Construction , Valuations & Market Studies , Economic Trends and Cycles , Hotel Franchises , North America , United States

HVS Perspectives: Center Stage at ALIS

For 2017, the highest RevPAR growth is anticipated for markets such as Sacramento, Washington D.C., Tucson, Chicago, Salt Lake City, Albuquerque, Houston, and Nashville, per the ALIS presentations.

• February 6, 2017 By Tanya J. Pierson , Kasia M. Russell , Jessica White

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

HVS U.S. Hotel Franchise Fee Guide 2015/16

The selection of an appropriate franchise affiliation affects a property’s ability to compete in its local market, generate profits, and achieve a desirable image and market orientation.

• July 25, 2016 By Kasia M. Russell , Bomie Kim

• Hotel Investments & Ownership , Development & Construction , Valuations & Market Studies , Economic Trends and Cycles , Hotel Franchises , United States , North America

Key Takeaways: Hunter Hotel Conference

The Hunter Hotel Conference brought out insights from every corner of the industry, marking potential upsets and opportunities to gain ground for U.S. hoteliers in 2016.

• April 25, 2016 By Kasia M. Russell , Janet L. Snyder

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

In Focus: Seattle, WA

Occupancy swung above 75% for Seattle’s hotel industry in 2014, a reflection of the city’s blossoming economy. High demand has also supported strong average rates and rising hotel values.

• December 14, 2015 By Kasia M. Russell , Desiree M. Flanary

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

Market Intelligence Report 2013 Seattle

Seattle, WA is known worldwide for its reputation as a coffee & music haven, as well as extraordinary attractions including the Space Needle and Pike Place Market. This article shows trends in hotel supply, demand, & performance within the city.

• July 15, 2013 By Kasia M. Russell , Desiree M. Flanary

Portland Market Intelligence Report 2013

Portland, Oregon’s reputation rests on its well-known microbreweries, cuisine, culture, city parks, innovative mass transient system, & arts and music scene. The following article shows trends in hotel supply, demand, & performance within the city.

• July 8, 2013 By Kasia M. Russell , Desiree M. Flanary

HVS Hotel Market Intelligence Report: Portland, Oregon

Wounded by the strikes against the national economy, Portland’s hotel market has suffered since 2008. But the city’s resourcefulness and diverse commercial and government base should help it make the most of an economic recovery.

• July 9, 2010 By Kasia M. Russell

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

The Recession's Effects on Seattle's Hotel Industry

The Emerald City, in recent years thought to be recession-proof, has lost a bit of luster in the national economic downturn.

• September 4, 2009 By Kasia M. Russell

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

HVS Market Intelligence Report: Downtown Phoenix, Arizona

Real estate developments, biotech firms, billion-dollar investments, and big conventions are cropping up in Downtown Phoenix, helping to secure demand for area hotels.

• August 21, 2008 By Kasia M. Russell

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

HVS Market Intelligence Report: Minneapolis, Minnesota

The "City of Lakes" boasts a lodging market with remarkable resilience to national economic trends.

• November 13, 2007 By Kasia M. Russell

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