Current State of the Hotel Industry in BC
September 22, 2022, 12:00 - 1:00 PM
The hotel industry has been on a roller coaster ride for the last couple of years. During this webinar we will discuss how performance is rebounding and travellers hungry for vacations are driving the recovery. We will touch on the current state of transaction activity and consider how the economic environment of inflationary pressure, rising interests and the risk of recession will impact transaction volume and valuations.
Carrie Russell, a Senior Managing Director with HVS Canada, is based in Vancouver, BC. Carrie is a graduate of the University of Victoria, obtaining a Bachelor of Commerce with Distinction. After graduation and some time spent gaining valuable hands-on experience in the hotel industry, Carrie joined HVS as an associate in 1997. During this time, Carrie has been influential in establishing HVS’s presence in Canada as the leading hospitality consulting and valuation firm. Carrie has attained designation in both Canada and the United States, having completed the requirements to obtain the AACI designation from the Appraisal Institute of Canada and the MAI designation from the Appraisal Institute in the United States. As well, Carrie is a member of the Real Estate Institute of BC (RI) and the International Society of Hotel Consultants (ISHC).
Over the course of her career, Carrie has provided hospitality consulting services including appraisals, feasibility and market studies, and other specialized consulting services including asset management guidance for thousands of hotel properties throughout Canada and the United States. She has authored several articles on various topics relevant to the industry and is a highly sought-after speaker. Carrie is a regular speaker at several conferences including the Canadian Hotel Investment Conference and the Western Canadian Lodging Conference.
Carrie has served on the HVS Board of Directors and the Senior Leadership Team making a significant contribution to the global interests of the company. She has also served on the National Board for the Appraisal Institute of Canada and the Board of Directors for North Star Montessori Elementary School in North Vancouver for several years. She is currently a member of the Board of Directors of CareBC.
Registration closes September 21st at 4 p.m.
REIBC acknowledges the support of the Real Estate Foundation of British Columbia