We Know Hotels
Hotels are a specialized commercial real estate product that requires a unique set of skills and experience to fully understand. Core Hospitality has specialized exclusively in hotels and motels since 1994. Our appraisers have a combined 40+ years experience in appraising hotels as well as hotel brokerage, hotel development, hotel operations, hotel ownership, and hotel management.
What We Do
Hotel and motel appraisals, consulting, feasibility studies, property tax appeal and expert witness testimony. We work with lenders (Balance Sheet, CMBS, SBA and EB-5), hotel owners, developers, management companies and attorneys. Our experience includes limited-service, select-service and full-service motels and hotels. We have worked with independents and nearly all franchises and we understand the nuances of each brand. We have experience with proposed construction hotels, performing hotels, distressed hotels, hotel renovations and with rebranding/repositioning situations.
What you Get
Competent, concise reports with honest opinions that are heavy on content and light on fluff. Our reputation is built on offering a well-informed, unbiased and truthful viewpoint. We explain complex ideas in an easy-to-understand manner that is well supported by market data. We employ a full-time researcher to track and collect market data and to oversee one of the best databases in the industry with over 25,000 hotels. On-time delivery is always guaranteed. We are happy to work with you, the client, to customize our report to meet your needs.
Our business in both appraising/consulting as well as development/management continue to grow and have reached a point where it is time to differentiate the two. Core Hospitality Advisors, LLP reflects the same values we have focused on since beginning Cowart Hospitality Services, LLC in 1994. We will continue focusing on providing high quality appraisal and advisory products reported in a concise format. Cowart Hospitality Services, LLC will continue as a development and management entity. Same People. Same Product. New Name.