On the minds of many a hotel expert, investor and management company going forward into next year is uncertainty in lodging industry performance. The so-called “fiscal cliff” has many developers, buyers and lending firms waiting on the sidelines while they look for a clear direction about the current economy before making decisions on where and when…
Depending on what story your hotel investment advisor follows or even writes, there may be a recovery or not. Better said, what is a problem for some are opportunities to others based on recent news reported this last week. Here are some of those summaries that seem to reflect these trends: – According to Bobby…
Hospitality management services this year are revising forecasts for those hotels and resorts they manage on a monthly, sometimes weekly, basis given the disparity in the economic reports that keep surfacing. Investors in particular are hearing that demand continues to rise and valuations have kept pace. Still, these recent reports suggest the long term remains…
Hotel receiverships and foreclosures continue to wane while the appetite by lenders to modify these loans is on the rise again. Sometimes dubbed extend and pretend during the early years of this last recession, continued strong performance in the lodging real estate sector is driving the upside in hotel fundamentals. Better operating results in turn…
Recent reports about the amount of distressed hotels on the horizon suggest that cheap hotel real estate deals will be very hard to find. It is also unlikely that lenders will foreclose or hold ORE hotel assets for very long. Both the rise in hotel industry income fundamentals and the ability for banks and special servicers…
The commentary by experts on hospitality industry hotel real estate values was that transaction numbers fell in the third quarter.There is also a review on boutique hotel valuations that brought more light on acquisition and disposition price points for this growing sector of the lodging business. In terms of general hotel values and transactions, LW…
If you are a family office investor, real estate fund or high net worth individual, right now is the time to buy a hotel in the USA. Here’s a look at five reasons why it makes sense sooner than later: 1. Historically Low Interest Rates The recent decision by the Feds to keep interest rates…
Real estate investors such as private equity firms and large funds should consult their hotel real estate advisor about Yotel returns-on-investment and upside on this new hotel called brand. “The Yotel New York” lodging property is a product of brand founder, Simon Woodroffe and Gerard Greene. We like this particular hotel product and believe the…
Several hotel investment advisors and hotel investor groups are predicting that real estate transaction volume in the hospitality sector will rise although slowly. Many believe that the combination of improving industry fundamentals and the lack of new development can only add to the motivation to sell. As to lenders holding distressed hotel assets and wanting…
This week the focus of our hotel advisor update is on the projections for overnight lodging revenues for the upcoming holidays and the remainder of the 2011 year. In addition, we want to call attention to recent statistics that still point to a recovery in the hotel sector, albeit to be tempered with caution in…