Presenters

John Gordon, MAI, AI-GRS, Senior Vice President, Valuation Advisory Services, Kidder Mathews

Kasia M. Russell, MAI, HVS Consulting & Valuation, Portland
Scott F. Biethan, MAI, McKee Appraisal, Seattle
Michael J. Mohn, MAI, Hotel Realty NW, Bothell
Jesse L. Baker, Kidder Mathews, Seattle

This Hotel Seminar uses a case study approach to instruct practicing appraisers in the fundamentals of hotel valuation. Topics covered include lodging market analysis, forecasting operating performance, income capitalization, and sales comparison. The case studies specifically address three types of hotels: upscale full service hotels in urban markets, midscale limited service hotels in suburban or highway locations, and bed & breakfast inns.

Upon completion, students will be better prepared to
1) Develop an independent opinion of value for a hotel using publicly available data sources and generally accepted appraisal methodology.
2) Review a hotel appraisal and determine if the data presented is complete and relevant, the valuation methods applied are appropriate, and the value conclusions are credible.

The seminar is facilitated by John Gordon, MAI, AI-GRS. Mr. Gordon is the hotel practice leader for Kidder Mathews, and has been appraising Pacific Northwest hospitality properties for over 30 years.

Continuing Education

Appraisal Institute: 35 points
WA – CE Credit 7 HRS Pending Approval; OR – CE Credit 6 HRS APPROVED

This Educational Program was developed and organized by the Appraisal Institute Chapter offering the Program with the intent of addressing topic(s) of current local interest solely for educational and informational purposes. The Appraisal Institute national organization was not involved in developing or organizing the Program.

The content of this Program, including but not limited to any written materials and presenter comments, does not represent the viewpoint of the Appraisal Institute (defined as including but not limited to, the national organization, its Regions, Chapters, members, candidates, affiliates and staff) unless formally adopted by the national Board of Directors. Further, the Appraisal Institute has not peer-reviewed or approved the content of the Program and does not warrant the accuracy or timeliness of the content of the Program. The content of the Program is subject to court decisions and local, state and federal laws and regulations and any such revisions of such laws and regulations.

This Program is presented with the understanding that the Appraisal Institute is not engaged in rendering legal, accounting or other professional advice or services. Nothing in the Program is to be construed as the offering of such advice or services. If expert advice or services are required, attendees and readers are responsible for obtaining such advice or services from appropriate professionals.

Attendance Requirements

100% attendance is required for all Appraisal Institute education programs. This follows Appraiser Qualifications Board minimum criteria requirements. A “classroom hour” is defined as 50 minutes out of each 60 minute segment. A 10-minute break per hour is allowed and a student would meet the 100% attendance requirement. Students should not be late or leave early; if they are late or leave early, they will not receive credit.

Note

If you have a disability and require accommodation, please notify the Seattle Chapter of the Appraisal Institute in writing at least two weeks in advance and we will arrange for reasonable accommodations. We reserve the right to cancel, limit, or reschedule the course and change faculty assignments and facility locations at any time. Prospective students should confirm their registration before making any non-refundable airline reservations.

Location

Seattle, WA 98101

Schedule

Seminar 8:00AM-4:00PM

Registration is now open. Click HERE to register now.

If you need to pay by check or are a government employee and will need an invoice or other considerations, contact the chapter office at (206) 622-8425.

$150.00 Appraisal Institute Members
$175.00 Non-members