February 2007 :: Hotel Law Blog

Posted On: February 26, 2007 by Jim Butler

Hospitality Lawyer -- How good is the hotel business and how good can it get?

By Jim Butler, Hotel Lawyer | Author of www.HotelLawBlog.com
26 February 2007

Hospitality Lawyer on state of the hotel industry and its prospects. We are enjoying great times in the hospitality industry and the prospects are excellent that the good times will continue for at least several more years. But how good is it, and how good can it get? Let's take a look!

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Posted In: Outlook and Trends

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Posted On: February 13, 2007 by Jim Butler

Hotel Lawyer -- Why are Bill Gates and a Saudi Prince buying Four Seasons Hotels now?

By Jim Butler, Hotel Lawyer | Author of www.HotelLawBlog.com
13 February 2007

Hotel lawyer on the future of the hotel industry. Another milestone has been laid. The Board of Directors of Four Seasons Hotels Inc. -- a public company -- has formally accepted a $3.4 billion ($82 per share) purchase offer which surfaced on November 6, 2006 by a group of investors whose principals include Bill Gates, the Prince, and Isadore Sharpe, CEO of Four Seasons. It's a fascinating deal! But what does it really mean?

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Posted In: Outlook and Trends

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Posted On: February 8, 2007 by Jim Butler

Hotel Lawyer: As goes the economy, so goes the hospitality industry -- the ineluctable elasticity of demand!

By Jim Butler, Hotel Lawyer | Author of www.HotelLawBlog.com
8 February 2007

Hotel Lawyer on hotel fundamentals. One of the things that has fascinated me about the hospitality industry for more than 20 years now, is the close -- almost intimate -- relationship of industry performance to the U.S. economy's performance. Some might say this is intuitive, that when the economy does well, all business does well. But that is not always true. There are some businesses which do better in hard times, like discount and bargain stores, and there are some that seem impervious, like ultra luxury goods. However the relationship of the lodging industry's performance to the general economy, has been carefully documented by the experts, and it is worth noting. The implications are interesting.

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Posted In: Outlook and Trends

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Posted On: February 1, 2007 by Jim Butler

Hotel Lawyer -- "Hotel Industry Snapshot" from ALIS

By Jim Butler, Hotel Lawyer | Author of www.HotelLawBlog.com
1 February 2007

Yesterday, I shared the first in a series of reports and observations from the recent Los Angeles hotel investment conference (ALIS). You may find it as interesting as I do to hear industry leaders describe current issue in their own words. If so, check out yesterday's posting: "Notable quotables from hotel industry thought leaders 2007."

But today, I would like to take a different approach, reflecting my personal observations on the state of the hotel industry taken from a number of Conference panels, a lot of one-on-one meetings with industry leaders, and a few hours with the Lodging Industry Investment Council -- the hotel industry's think tank.

Captured here for www.HotelLawBlog.com is my "Hotel Industry Snapshot" as of February 1, 2007 -- a perspective on the issues and developments that seemed to be the most important around the ALIS Conference. They may portend future opportunities . . . or challenges to be overcome. You will probably hear a lot more about them in the near future.

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Posted In: Outlook and Trends

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