Editorial Board   Guest Author

Mr. Fernandes

Chris Fernandes

Director, HVS

Chris Fernandes is Director of HVS Consulting and Valuation, based in New York City. HVS specializes in all types of hospitality assets, including hotels, restaurants, casinos, shared ownership lodging, mixed-use developments, spas, and golf courses, as well as conventions, sports, and entertainment facilities.

Chris began his work in hospitality at Princeton University’s conference and event services, where his responsibilities included arranging guest housing and check-ins for groups of up to 600 people. He also served in various restaurant and hotel operations roles with Marriott and Shaner Hotel Management at the University of Delaware before beginning his consulting career with HVS in 2013.

Chris is a state-certified general appraiser in New York, New Hampshire, and North Carolina, and has completed more than 250 appraisals, market and feasibility studies, and consulting engagements throughout the New England, Mid-Atlantic, and Southeast regions; he also has a breadth of experience in the New York City market, having appraised over 100 hotels across all five boroughs. He has assisted a wide range of clients ranging from institutional lenders and investment banking firms to insurance companies, hotel owners and investors, hotel franchise and management companies, gaming companies, and attorneys.

Chris has served as a panelist at the NYU International Hospitality Industry Investment Conference and co-instructor at New York University’s Schack Institute of Real Estate with HVS founder Steve Rushmore. He has also authored various publications, including HVS’ quarterly Manhattan Lodging Overview since 2016. Chris graduated summa cum laude from the University of Delaware with a Bachelors of Science in Hotel, Restaurant, and Institutional Management; his honors also included the Gore Entrepreneurial and Marriott Foundation scholarships.

Please visit https://hvs.com/ for more information.

Mr. Fernandes can be contacted at +1 (603) 305-6834 or cfernandes@hvs.com

Coming up in July 2019...

Hotel Spa: Pursuing Distinction

The Wellness Movement continues to evolve and hotel spas continue to innovate in order to keep pace. Fueled by intense competition within the industry, hotel spas are seeking creative ways to differentiate themselves in the market. An increasing number of customers are searching for very specific, niche treatments that address their particular health concerns and, as a result, some leading spas have achieved distinction by offering only one specialized treatment. Meditation and mindfulness practices are becoming increasingly mainstream as are alternative treatments and therapies, such as Ayurvedic therapies, Reiki, energy work and salt therapy. Some spas specialize in stress management and offer lifestyle coaching sessions as part of their program.  Other spas are fully embracing new technologies as a way to differentiate themselves, such as providing wearable devices that track health and fitness biomarkers, or robots programmed with artificial intelligence to control spa environments, or virtual reality add-ons that transport guests to relaxing places around the world. Some spas have chosen to specialize in medical procedures such as liposuction, laser skin therapy, phototherapy facials, Botox and facial fillers, acupuncture and permanent hair removal, in addition to cosmetic body shaping procedures and  teeth whitening treatments. Similarly, other spas are offering comprehensive health check-ups and counseling services for those who are interested in disease prevention treatments. Finally, as hotel spas continue to become more diverse, accessible and specialized, there is a growing demand for health professionals with a specific area of expertise. There is a proliferation of top class, quality wellness practitioners who make a name for themselves by offering their services around the globe, including athletes, chefs, doctors, physical trainers and weight loss specialists. The July issue of the Hotel Business Review will report on these trends and developments and examine how some hotel spas are integrating them into their operations.