If you are a hospitality asset manager and oversee hotel real estate investments in your investors portfolio that include lodging property in San Francisco, consider yourself lucky. Not because my group has been based here for over twenty-five years or because it’s a world class city second to none in many categories. It’s because the…
Think again if you are hospitality asset manager planning development of a new hotel here in the USA and you only associate “Made in China” with traditional manufacturing and predominately consumer goods. A Chinese company recently built and opened a 30 story hotel in only 15 days in that country. According to an excerpt from…
Every investment market turns your way once in a while and strong indications from hotel investment advisors mark the hospitality industry for a continued turnaround. Now may be the best time – to buy and invest in hotels, resorts, and mixed use hospitality venues. As The New York Times claims “After a Rough Night, Hotel Investors Are Waking Up.”…
If you are a hotel asset manager and investor representative working with owners and operators to improve their hotel room occupancies, now is the time to target both business and leisure guests coming from mainland China. Unlike the United States, the Chinese economy has been growing almost 10% per year and there is a strong…
An operator and hotel management expert may be faced with performance issues in economic downturns that can affect their relationship with the owners and investors of the lodging property. This may be a result of when it is perceived that the operator gets all of the benefit through compensation and incentives, while the financial risk…
Recent reports suggest a hotel asset manager and lenders should take advantage of rising profit histories and sale transactions to sell distressed and underperforming hotel assets soon. It appears we are at the beginning of the cyclical nature of hotel valuations once again. Coupled with the lack of any significant new hotel development, demand for…
Are you a hotel asset manager, general manager or owner representative in the middle of tweaking your projections for 2012? Cannot decide if the economy both nationally and internationally will be a boom next year?? Here are two recently published reports that send a mixed message. According to this report* just released in the Los…
Obviously Warren Buffet’s Blackstone Group and others think now is the time to buy a hotel in the USA. Although there is still a lot of distress talk amongst hotel owners and operators alike, there are also various signs pointing at the recovery, albeit a slow one, is starting to muster some momentum. Here are…
Current hotel expert updates for the state of the lodging industry bodes well for owners, operators and investors of hotel properties so far this year. Several news reports in the various hotel publications we follow suggest better times have begun. However, there still appears to be caution and pessimism as to whether the economic recovery…
Two news stories that we followed as part of our hospitality asset manager practice suggest hotel room rates will continue to rise even though gas and fuel prices are climbing as well. Here are a few excerpts on that commentary and our take on it: – The GBTA index says that business travel hit its…