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Hotel industry think tank top 10 challenges for 2010

I am privileged to be one of the co-chairs of the Lodging Industry Investment Council along with Mike Cahill and Sean Hennessey. This is the hotel industry “think tank” whose membership owns or operates many billions of hotel investments, and involves all aspects of the industry.

For most of the last 10 years, we have premiered the release of The LIIC Top 10 at our annual Meet the Money® conference, and this year is no different.

What is really neat about this survey, is that it is “forward looking”. It reflects what industry leaders with billions of dollars of hotel real estate investment are looking at and what their sentiments are right now!

The Lodging Industry Investment Council — Hotel Industry Think Tank

Annually, the members of the hotel’s industry’s preeminent think tank, “LIIC – The Lodging Industry Investment Council”, are surveyed to develop a list of the major hotel investment opportunities and challenges for the coming year. This exhaustive survey results in the LIIC Top Ten; a highly regarded profile of investment sentiment and attitudes for the lodging industry for the forthcoming 12 months.

All together, the members of LIIC represent acquisition and disposition control of billions of dollars in lodging real estate. The hospitality industry’s most influential investors, lenders, corporate real estate executives, REIT’s, public hotel companies, brokers and significant lodging equity sources are represented on the council. LIIC serves as the leading industry think tank servicing the hospitality business (

This year’s survey was compiled by LIIC’s co-chairman, Mike Cahill. Mr. Cahill is president and founder of HREC – Hospitality Real Estate Counselors, a leading international hotel and casino advisory and brokerage firm specializing in lodging property sales, debt refinancing, consulting, appraisals and litigation support. (

I want to personally thank Mike Cahill and all of the LIIC members for this worthy contribution to thought leadership in our industry.

Click here to download presentation file for The LIIC Top 10 for 2010 or view the presentation below.

LIIC Top 10 for 2010

This is Jim Butler, author of and hotel lawyer, signing off. We’ve done more than $60 billion of hotel transactions and have developed innovative solutions to unlock value from troubled hotel transactions. Who’s your hotel lawyer?

Our Perspective. We represent hotel lenders, owners and investors. We have helped our clients find business and legal solutions for more than $60 billion of hotel transactions, involving more than 1,000 properties all over the world. For more information, please contact Jim Butler at or 310.201.3526.

Jim Butler is a founding partner of JMBM and Chairman of its Global Hospitality Group®. Jim is one of the top hospitality attorneys in the world. GOOGLE “hotel lawyer” and you will see why.

JMBM’s troubled asset team has handled more than 1,000 receiverships and many complex insolvency issues. But Jim and his team are more than “just” great hotel lawyers. They are also hospitality consultants and business advisors. For example, they have developed some unique proprietary approaches to unlock value in underwater hotels that can benefit lenders, borrowers and investors. (GOOGLE “JMBM SAVE program”.)

Whether it is a troubled investment or new transaction, JMBM’s Global Hospitality Group® creates legal and business solutions for hotel owners and lenders. They are deal makers. They can help find the right operator or capital provider. They know who to call and how to reach them.