About
Professional Summary
I am a Director in the UK Hotels department based in London and Manchester. As Head of the Hotels Valuation team I regularly present to property professionals and operators on matters affecting the hotel industry and provide valuation and other advice for a variety of purposes.
Accomplishments
I head up the UK Hotels Valuation team and since joining Colliers International in April 2004 have valued and advised on several billions of pounds worth of hotel stock, mostly in the UK and Ireland though occasionally overseas.
I also have extensive experience in rating, landlord and tenant and expert witness work, the latter including the preparation of evidence for court proceedings including the Valuation Tribunal, Lands Tribunal, County Court and the High Court. In addition I have provided advice on the valuation and feasibility of hotel sites and developments as well as hotel investments that are subject to lease or management agreements.
Education
I started my career at the Valuation Office in Stoke on Trent where I first became involved in valuing hotels for rating, rental and capital taxation purposes. After ten years at the Valuation Office, I joined the Christie Group where I developed my experience across all hospitality sectors, cementing relationships with many of the main high street banks and carrying out hotel valuations throughout the UK.
Memberships & Involvements
Royal Institution of Chartered Surveyors (RICS)
Clients
HSBC Bank, Lloyds Banking Group, Royal Bank of Scotland Group, JP Morgan, Splendid Hotels, Arora Hotels, Clydesdale Bank, Santander, Barclays Bank, GG Hospitality, Bank of Ireland, Allied Irish Bank, Bank of China, Freshfields, London & Regional Properties, Starwood, Aareal Bank, Bank Leumi
Testimonials
·"We feel the valuation met all our requirements and was produced under the very high standards we have come to expect from Andrew Pratt and Dave Hossack. We look forward to working with your firm in the future." Royal Bank of Scotland
·"Quick response, able to assist, clear and understandable valuation" - KLP
."I cant think of anything you can improve on, the valuer kept us informed at all stages of the inspection." - Lloyds Bank
.“Colliers' comprehensive business structure enables a diversified view of the market, and the ability to provide clear and straightforward view about various issues.” Lawrence Yanbin Liu, Head of Structured Finance - Bank of China
· “Responded very efficiently, and involved the necessary people to cover off what was an unusual valuation." Tony Burnell - Lloyds TSB Corporate Markets
· “Excellent speed of delivery and market knowledge. Specialist hotel input and detailed background information provided was invaluable.” Dave Clarke - Royal Bank of Scotland
· "Good customer contact with good explanation of the difficult market in which we find ourselves" Gordon Wigginton - Rowton Hall Hotel Ltd
"The report was in great detail and certainly gave the board a clear understanding of their asset. Also the speed and accuracy was excellent. You and your team certainly digested all the DD information that was produced and went about your business in a very professional manner.” Stuart Procter - GG Hospitality/Hotel Football Manchester
Services
Service Lines
Property Type
Specializations
My Team
My Team
Richard Greenwood
Director of Hotels Valuation
Hotels Valuation
London - West End
Richard qualified as a Chartered Surveyor in 1994. Since joining the Colliers Group in 1993 he has specialised in the licensed, leisure and hotel markets. He transferred to Colliers Robert Barry in 2003 and is a director. In 2004 Richard opened and ran for four years our private agency office covering East Anglia. He now concentrates exclusively on hotel valuations covering London, the South East and East Anglia. .
Ben Brown
Director of Hotels Valuation
Hotels Valuation
Birmingham
I am a Director within the UK Hotels Valuation Team.
As a specialist Hotel Valuer, I undertake valuations of hotel assets and investments in the Midlands and throughout the UK and Europe for a wide range of clients, predominantly for loan security purposes.
I qualified as a Chartered Surveyor in 2007 whilst working for BNP Paribas Real Estate in London. I then worked in the Hotels & Leisure team at Avison Young, firstly in Manchester and then in Birmingham, before joining Colliers International in 2014.
Since qualifying as a Chartered Surveyor, I have specialised in the Hotels sector, working in both valuation and agency roles, and have an in depth knowledge of this specialist area.
Leigh Parsons
Director of Hotels Valuation
Hotels Valuation
Leeds
Leigh joined Colliers International in Leeds in 2012 having previously held senior positions with two national specialist leisure and hotel property advisors. He has over 20 years’ experience in the valuation, sale and acquisition of hospitality and leisure property including a significant number of high-profile single asset deals representing both corporate and private clients. He also provides consultancy services and strategic advice to a number of multiple operator clients.
In addition to property asset transactions, Leigh has extensive experience in operational leases and management contracts. He has also handled a number development sites both on a site sale and turnkey delivery basis.
After attaining RICS Registered Valuer status in 2015 Leigh now specialises in the valuation of hotel property throughout the UK for a wide range or clients for lending, transactional and statutory purposes.
Andrew Pratt
Director of Hotels Valuation
Hotels Valuation
Glasgow
Andrew is an Director within the UK Hotels Valuation and Professional Services Team.
He undertakes valuations of hotel assets and investments in Scotland for a wide range of clients, predominantly for loan security purposes.
As a specialist Hotel Valuer, he values businesses ranging from owner operated hotels to hotel developments, corporate hotels and larger group portfolios.
Robert Adams
Senior Surveyor
Hotels Valuation
Bristol
Robert joined Colliers International in June 2017 and became qualified in June 2019. Since joining Robert has completed two rotations within the Valuation and Advisory and Restructuring Teams. Robert is now a surveyor within the UK Hotels Valuation and Professional Services Team.
Robert undertakes valuations of hotel assets and investments in the South West and South Wales for a range of clients, predominantly for loan security purposes.
As a specialist Hotel Valuer, Robert values businesses from owner operated hotels to larger portfolio hotel groups.
Jennifer Middleton
Lead Administrator Hotels Valuation / Acting Office Manager Leeds
Hotels Valuation
Leeds
Jennifer has over 25 years experience in Administration and IT, and has worked in both public and private sectors. Entering the property industry in 2007, she has dealt with a wide variety of clients in markets ranging from Healthcare to Licensed Premises.
Jennifer joined Colliers International in October 2017 as Team Administrator for Hotels Valuation.