Faculty & Research
Featured Advisory Board Member: Suzanne Mellen
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Suzanne R. Mellen |
Suzanne R. Mellen is the managing director of the San Francisco office of HVS, a full-service consulting and valuation firm that specializes exclusively in hotel and related properties on a worldwide basis. She also heads up the HVS Gaming Service Division. Prior to establishing HVS's second office in San Francisco in 1985, Ms. Mellen was director of consulting and valuation services for the firm in Mineola, New York. Her professional experience includes consulting and appraisal positions with Morgan Guaranty Trust, Laventhol & Horwath, and Helmsley Spear Hospitality Services, Inc. in New York City and with Harley Little Associates in Toronto, Canada. She gained her operational experience with Westin Hotels at the Plaza Hotel in New York.
Ms. Mellen earned a BS degree in hotel administration from Cornell University and holds the MAI designation of the Appraisal Institute, the CRE (Counselor of Real Estate) designation of the American Society of Real Estate Counselors, and the ISHC designation from the International Society of Hospitality Consultants. She is a full member of the Urban Land Institute. Ms. Mellen has been appraising hotels and related real estate for 28 years, has authored numerous articles and is a frequent lecturer and expert witness on the valuation of hotels and related issues. She developed the Simultaneous Valuation Formula, a mortgage equity income capitalization formula for variable income properties, and developed the software for the model.
HVS operates both nationally and internationally from its offices in San Francisco, New York, Boulder, Miami, Vancouver, B.C., India, Dallas, London, Toronto, Ontario, Sao Paulo, Buenos Aires, Singapore, and Spain.