Hotel Valuation Software 6.0 is the only non-proprietary computer software designed specifically to assist in the preparation of hotel market studies, forecasts of income and expense, and hotel valuations. The software provides the framework, along with the mathematical calculations, to develop detailed forecasts of occupancy, average room rates, revenues and expenses that can be used as a basis for hotel market studies and appraisals.
The tool consists of three separate software programs:
Hotel Valuation Software was created by Steve Rushmore for his hotel consulting firm- HVS. It has been updated and enhanced by Professor Jan deRoos of the Cornell Hotel School.
Hotel Valuation Software 6.0 is written as Microsoft Excel files (which runs on both Windows and Apple OS X operating systems) and comes with a detailed users’ guide and case study. Version 6.0 contains significant enhancements over Version 5.0 which is no longer distributed. Hotel Valuation Software is also available in Mandarin.
The three software models can be purchased for $250 or separately for $99 each.