Having recently completed the SHTM-HVS Bootcamp, students of the tripartite Master of Science in Global Hospitality Business (MGH) programme received the designation of Certified Hotel Valuation Software Consultant (CHVSC).
Students in the MGH 6.0 cohort completed the SHTM-HVS Bootcamp by taking an intensive online course, "How to Perform a Hotel Market Analysis, Make Financial Projections and Value a Hotel Using Hotel Market Analysis
and Valuation Software", delivered by Mr Steve Rushmore, a course developer and instructor. Mr Rushmore is also the Chairman of the SHTM Advisory Committee.
The designation was hard-earned, but the students' efforts have paid off. Let's hear from some of them.
"I have just been granted the Certified Hotel Valuation Software Consultant (CHVSC) designation. During the course taught by Mr Steve Rushmore of HVS, I learned how to analyse information and data from the hotel market and process it into estimates of occupancies and average room rates. I also learned how to project revenues and expenses and apply a mortgage-equity valuation model before finally developing a reasonable estimate value for the subject property. The
course was challenging, and by persevering, I overcame the challenges presented by these tasks, which ultimately enriched my skillset in hotel valuation."
Pierandrea Falchi ǀ Italy
"I recently received the Certified Hotel Valuation Software Consultant (CHVSC) designation. Thank you to Mr Steve Rushmore for developing and communicating this
software to the MGH programme. I can now analyse data from the hotel market, forecast average room rates, project revenues and expenses and apply data to a mortgage-equity valuation model. I developed a reasonable estimated value for a subject property based on a case study. This has been an informative course that has taught me valuable lessons I can bring with me to my future career."
Katarina Opheim Olsvik ǀ
Norway
"I am happy to share that I have just been granted the Certified Hotel Valuation Software Consultant (CHVSC) designation. Thank you to Mr Steve Rushmore for developing this course. I had the opportunity to gain insight
into the Hotel Real Estate Valuation throughout the course. I definitely recommend this course to anyone who is interested in hotel valuation. This course has prepared me for the industry by laying a steady foundation."
Salvatore Francesco Palumbo ǀ Italy
"Recently, I was granted the Certified Hotel Valuation Software Consultant (CHVSC) designation. Thank you, Mr Steve Rushmore, for providing me with a thorough understanding of hotel valuation. While on the course, I learned how to
analyse a hotel's market data. I could also make projections of revenue and expense based on the data of a similar hotel. Eventually, I was able to apply the data to a mortgage-equity valuation model and propose an estimated market value for the subject property. I definitely recommend this course to anyone who is interested in hotel valuation. This course has laid a steady foundation to prepare me for work in the industry."
Charlene Ren ǀ Mainland China
Offered by the SHTM in Hong Kong, the Ecole hôtelière de Lausanne in Switzerland and the Conrad N. Hilton College of Hotel and Restaurant Management at the University of Houston in the USA, the MGH is an ambitious programme that creates an incomparable experience for students, enhancing their abilities as members of the next generation of business leaders who can think global and act local.
Details:
http://shtm.polyu.edu.hk/academic-programmes/hong-kong-programmes/master-of-science/master-of-science-msc-in-global-hospitality-business/
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