Noel A. Palma

Noel A. Palma
Managing Director
1855 South Pearl Street
Suite #5
Denver, CO 80210
United States
(303) 317-9505
(303) 718-1054

Noel A. Palma, is a Managing Director at US Hotel Advisors where he is responsible for new business development, as well as originating and sourcing hotel loans, equity and other financing vehicles on a national platform. Additionally, Mr. Palma provides analytical support as it relates to financial modeling, debt structuring, lodging market studies and property due diligence review.

Mr. Palma is a 20-year veteran of the hospitality industry and began his hospitality career at a young age, working in various operational positions. Enjoying the industry, Noel pursued a degree in hospitality management from Michigan State University's School of Hospitality Business. Upon graduation, Mr. Palma desired to explore the underlying fundamentals of hotel real estate and finance. As such, he went to work for one of the world's foremost authorities on hospitality real estate, HVS International in San Francisco. While there, Mr. Palma gained invaluable expertise within the hospitality finance trade, a field he continues to practice today.

As Senior Financial Analyst for Vail Resorts Development Company, Noel created financial models to investigate the feasibility and to track the progress of Vail Resorts’ most ambitious real estate development projects in its history. These projects totaled more than $1 billion in development costs, and Noel reported these results directly to Vail Resorts' CFO and CEO. Additionally, Noel's real estate investment memorandums were incorporated into the company's SEC filings. The projects included The Arrabelle at Vail Square development, Breckenridge's Peak 7 & 8 Base Area redevelopment and Jackson Hole’s Golf & Tennis Club expansion, amongst others.

More recently, Mr. Palma worked at HVS Capital Corp where he started as a senior analyst that completed all of the company’s offering memorandums and financial modeling efforts, including broker opinions of value, operating projections, loan sizings, debt structuring and equity “waterfalls.” He was then promoted to Vice President and was responsible for business development, the origination and placement of debt, financial structuring and transactional advisory. Mr. Palma’s unique blend of knowledge in hotel operations, market analysis, valuation, and finance allow him to effectively address the full spectrum of issues that may arise in a transaction.


The Eli Broad College of Business
B. A. Hospitality Business Magna Cum Laude