There is a lot of talk among investors and their hotel asset manager that acquisitions in distressed real estate of the U.S. hotel sector will rise this year. Still, the focus continues to be on the luxury, trophy class of hotels in primary markets when and where these become available. Hotel High Net Worth InvestorAccording…
Finding money sources for clients and getting the financing done is a major challenge for a hotel real estate advisor in this current economy and funding climate. This step by step advice from a hospitality finance lender, Jane Larkin, managing director of Larkin Hospitality Finance, and published in HotelNewsNow.com is worth reading in my opinion.…
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…
If you are a hotel real estate investor or hotel asset manager, there is more positive news on the horizon for hotels both in room rate growth and higher investment activity going into 2011 and beyond. It appears with the increases in revenues and transactions that investors and lenders are now becoming more optimistic. $…
Stories last week that we follow as part of our hospitality consulting practice covered a variety of topics including new hotel ramp-up timelines, using Facebook to increase hotel revenues, and the downturn in the timeshare resort industry. Here is some of that commentary and our take on it: I. STR did an analysis from their…
Stories that we follow as part of our hospitality consulting practice discussed increased renovations coming and current low hotel cap rates. It was bound to end sooner than later with franchisors becoming less forgiving on upgrades and brand standards now that the economy is recovering. On a positive note, if an owner is forced to…
This past week there were stories that we follow as part of our hospitality consulting practice discussing room rates, ADA reservations compliance and higher airfares. The prices rises are not a surprise as much as the lack of industry awareness on these ADA issues. Here is some of that commentary and our take on it:…
Recent stories we follow as part of our hospitality consulting focused on pricing and RevPar. This is a subject on the mind of most who expect rate to be the eventual solution to a return in economic growth. Still, the overall sentiment is that room rates will not rise that quickly yet demand will. Interim…
Stories this past week that we follow as part of our hospitality consulting had a theme of money, money, money. Or, better said as the economy heats up so is the possibility of hotel lending, franchisor pips and now is the time to buy beginning to mount. This was largely the talk recently at the…
Several stories this past week that we followed as part of ourHotel Real Estate Investment hospitality consulting focused on hotel budget brands in China, government loans for smaller hotels and the average hotel real estate room sale price in 2010. Here is some of that commentary and our take on it: China is still the…