Nuresh Maredia

Project Manager
Hotel & Leisure Advisors, LLC
14805 Detroit Avenue, Suite 420
Cleveland, Ohio 44107-3921
Phone: 216-228-7000, ext. 24
Fax: 216-228-7320
E-mail: nmaredia@hladvisors.com
Web: www.hladvisors.com

Professional Affiliations

Associate Member of the Appraisal Institute
Michigan State University Alumni Association
World Waterpark Association
Ohio Travel Association
Ohio Hotel and Lodging Association
National Golf Foundation
National Ski Areas Association
International Association of Amusement Parks and Attractions (IAAPA)

Education

Masters of Science in Hospitality Business, Michigan State University, 2005
Bachelor of Arts in Business Finance, Michigan State University, 2003

Appraisal Institute courses:

• Basic Appraisal Principles
• Basic Appraisal Procedures
• Basic Income Capitalization
• Advanced Income Capitalization
• National USPAP
• Fair Housing
• General Appraisal Site Valuation & Cost Approach
• Real Estate Finance Statistics and Valuation Modeling
• General Market Analysis & Highest and Best Use
• General Appraiser Sales Comparison Approach
• General Appraiser Report Writing and Case Studies

State Certification

Holds license as a Certified General Real Estate Appraiser in the States of Ohio, Michigan, and Texas

Experience

• Project Manager, Hotel & Leisure Advisors, Cleveland, Ohio since December 2011
• Senior Associate, Hotel & Leisure Advisors, Cleveland, Ohio, Aug 2011 - Dec 2011
• Associate, Hotel & Leisure Advisors, Cleveland, Ohio, February 2006 - July 2011
• Assistant Manager, Comfort Suites, Houston, Texas, June 2003 - December 2003
• Assistant Manager, Samarkand Restaurant, Houston, Texas, 2002 - 2003

Mr. Maredia has management experience with both hotels and restaurants. He is a hospitality consultant and appraiser and has completed assignments in over 30 states. He has a wide range of experience in operations in hotels and resorts. Since joining Hotel & Leisure Advisors, Mr. Maredia has completed over 100 studies. He has generated appraisals, market feasibility studies, economic impact studies, and hotel impact studies for a wide variety of leisure and hospitality oriented property types, including:

• Hotels and resorts
• Timeshare, and whole ownership condominium resorts
• Golf courses
• Traditional ski resorts and artificial ski and snowboard slopes
• Indoor and outdoor waterpark resorts
• Water Sports Complex
• Other assets such as sports complex, zipline and ropes challenge courses, family entertainment centers, and mixed-use retail centers

Published Articles

"Impact of Oil Boom on Hotels: Williston, North Dakota Market Overview" Hotel Online, September 2011

"Dry Ski Slopes: Year Round Skiing without Snow" Hotel Online, December 2010

"Outdoor Waterparks: Private vs. Municipal" Aquatics International, September 2009