Hotel Expert Witness Services
Contact Us for Hotel Expert Witness Services
Steve Marx has gained a unique perspective of the hotel industry over the past twenty-five years successfully completing a wide variety of hotel dispositions, receivership and advisory assignments during many economic cycles. He founded Hotel Source in 1996 to create an innovative and uniquely focused firm to combine hotel industry insight with superior real estate knowledge.
Steve has successfully represented institutional and private sellers, hotel companies and owner-operators in the value-driven disposition of full, limited and select service hotels ranging in size, location and market orientation. Steve is also Managing Member of SJMG, LLC, a private equity firm that invests in distressed hotel assets and owns a 114-room branded hotel property.
Steve gained operations experience with Hyatt, Four Seasons, Fairmont, Sheraton, Holiday Inn and independent hotels. He is or has been a member of the International Society of Hospitality Consultants (ISHC), Michigan State University School of Hospitality Business Advisory Board, DePaul University School of Hospitality Leadership Advisory Board, Chicago Real Estate Council (CREC), Urban Land Institute (ULI) and Turnaround Management Association (TMA).
Steve received his Masters of Business Administration (MBA) degree from DePaul University in Chicago, with a concentration in entrepreneurship and finance. He obtained his Bachelor of Arts (BA) degree from the Michigan State University School of Hotel Management and studied at Ecole Hoteliere in Lausanne, Switzerland and University of Wisconsin – Madison.
Hotel Expert Witness – Areas of Expertise
- Hotel Management and Franchise Issues
- Hotel Mismanagement
- Hotel Valuation
- Hotel Generally Accepted Practices
- Hotel Finance and Operations
- Hotel Competitive Supply
- Hotel Industry Operating Statistics
The Hotel Source, Inc. Difference
Hotel Source, Inc. is ideally positioned to provide Hotel Expert Witness Services. Steven Marx has the ideal credentials to provide strategic services based on client or attorney needs and can act quickly. Experiences incude:
- 25+ years in the hotel industry
- Polices and Procedures
- Real Estate Transactions
- Valuation Techniques
- Market Knowledge
- Industry Norms