Established in 1980 by Chairman and Founder Steve Rushmore, MAI, FRICS, CHA, and now directed by President and CEO Stephen Rushmore, Jr, MAI, the company offers a comprehensive scope of services and specialized industry expertise to help you enhance the economic returns and value of your hospitality assets.
1980: Founded by Steve Rushmore in a one room office in New York.
Steve saw a niche in the early 1980s for a consulting company offering extensive knowledge of both the hospitality and real estate aspects of hotel investment. He focused on developing appraisal techniques that evaluated lodging properties from the standpoint of both the hotel operation and real estate components. The HVS method of providing an economic study and appraisal for hotels immediately became, and continues to be, the industry standard.
1985: Second Office opened in San Francisco
1990: First International Office opened in London
1992: Executive Search added as the second service line
1992 – 2010: Expanded to 15 countries and 16 service lines
2002: Stephen Rushmore Jr. joined HVS
2015 – 2017: HVS global strategy rehaul
The global offices divided as per 4 different geographical regions each with a Regional President managing the entire region. Service lines merged to 11 to offer focused services to the clients.