Hotel Real Estate-Related Services

In addition to being the leader in hotel real estate brokerage, HBI offices
also offer additional advisory services and can recommend experts to assist with specialized real estate investment issues and services.

Consulting Services: A number of HBI brokerage offices offer a wide array of
consulting services, including individual property or portfolio acquisition and exit strategy counseling; research and formulation of sell-now or hold, reinvest and selllater scenarios; litigation and expert witness testimony for hospitality real estate matters; and workout and debt restructuring.

Management Services: Many HBI broker offices offer complete and/or
intermediate-tenll asset management to upgrade owner revenue, profit and real estate value, for institutional, other lender/owners and court-appointed
receivership situations.

Appraisal Services: HBI brokers are qualified to provide a "Broker's Opinion of Value." HBI also maintains up-to-date sales comparables from the Transactions by HBI databases.

Site Selection: Developers routinely call on HBI brokers to locate new construction sites in existing and emerging markets, based on our brokers' extensive knowledge oflocal market conditions.

Expert Witness/Litigation Services: Based on HBI's broad range of experience and knowledge of the industry, many HBI brokers are uniquely qualified to provide expert testimony during litigation or arbitration.

Design & FF&E Procurement: Chain approved design experience and project management.