HVS Reviews

4.2

80% would recommend to a friend

(114 total reviews)
avatar

Rod Clough, MAI

96% approve of CEO

83% positive business outlook

HVS has an employee rating of 4.2 out of 5 stars, based on 114 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The HVS employee rating is in line with the average (within 1 standard deviation) for employers within the Real estate industry (3.8 stars).

Reviews by job title

114 reviews
4.0
10 Jan 2022

analyst

Recommend
CEO approval
Business outlook

Pros

work life balance, amazing work trip

Cons

smaller team and employee benefits

3.0
13 Oct 2016

Senior Analyst, C&V

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Flexible work hours, work from home, great opportunity to travel, good colleagues (at the peer level)

Cons

Very bad management, inter-office politics, average salary

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HVS Response
9y
Thank you for your review of HVS. We are proud to offer our associates a flexible environment that enhances their work/life balance. The ability to travel both nationally and internationally whilst working has always been, and will remain, a stalwart of our company and we are proud of the people that work at HVS who make us such a communal, respected and leading hospitality consultancy.
1.0
25 Jun 2022
Recommend
CEO approval
Business outlook

Pros

I worked at HVS for a couple of years prior to the pandemic. While some of the people in my office were kind, the company-wide culture and work environment are extremely lacking. From a Pros standpoint, you’ll gain decent hotel valuation skills. But you can also learn a lot of that by working in companies with much more positive and healthy environments.

Cons

Micro-management and autocratic management style, especially from the person responsible for training new employees. Despite many complaints, no changes were made to improve training methods and the overall experience for new comers, analysts and associates. This is one of the reasons the company has a high rate of employee turnover. Gossip is rampant across people is senior roles (why is spying on employees and spreading information to management part if the culture?). This is something I had never experienced in previous jobs, nor in my current role. It creates a juvenile and emotionally challenging environment for people that just want to stay out of the drama and do their jobs. Poor work-life balance — and this is coming from someone that doesn't mind working long hours. If you’re asked to take on a new project while you’re inundated with work, and try to voice that you are at capacity, you immediately get labeled as “lazy” and become the subject of gossip across the company, which goes back to my above comment. This is another reason why people tend to not stick around past the 2 year mark, with a couple of exceptions. We are told that health and family come first but really when it comes down to it, everyone learns to just accepts the assignments until they crack. Note that the CEO asks most people to submit Glassdoor reviews while they are working at the company. Would anyone dare be honest out of fear of losing their job?

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HVS Response
4y
HVS is a great place for many, but won’t be the right long-term fit for everyone. Our training program, which is now a team of four caring, patient, and wonderful Vice Presidents and Directors (not just one person, which is how we had it designed many years ago), coupled with extraordinary editors, is amazing. If you are considering our industry, you simply can’t find a better training ground. We have associates that started four to five years ago (around or perhaps a little after you did) that are now leading/running their offices in markets such as Nashville and Tampa (there are others), and we are soon to open in Salt Lake City with a rising leader that began her career here three to four years ago (about when you did). To find your passion in our Consulting and Valuation (C&V) Division, we are seeking candidates that have a love for analysis, writing, and working with team members and clients. There is A LOT of instruction in the beginning, so you have to be willing to work your way through that and be open to feedback and feedforward. It’s not always an easy road, and we hold very high standards. If the longer-term C&V path isn’t for you, HVS offers great opportunities in Asset Management, Brokerage, and Capital Markets. We had an associate leave HVS a couple of years ago to work for a luxury hotel company, and just returned in our Los Angeles office to join our Asset Management practice. We had an associate in our Tampa and Houston offices join Capital Markets and Brokerage, respectively, as well. We had an associate in Chicago leave to start a family, and is now returning this fall part-time because she missed HVS so much. If a long-term future in one of our divisions doesn’t end up being a fit, HVS is a great springboard into the industry or beyond. We welcome associates to make HVS their home for two years, five years, or fifty – each associate’s goals are different, and everyone’s story is different. I’m sorry your story wasn’t a stellar one here – I wish I and we could have made it better for you. We are always changing, improving, and growing – so the HVS you experienced is well in the rear view mirror – I love that about HVS, we are always evolving and making this an extraordinary place to be. If you are a candidate considering HVS, I welcome you with open arms to an affirming, loving, excellence-driven, accepting, LGBTQIA- and Latino co-owned company that is doing amazing things with fantastic people.
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Glassdoor has 129 HVS reviews submitted anonymously by HVS employees. Read employee reviews and ratings on Glassdoor to decide if HVS is right for you.