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Hospitality Lawyers: What’s happening to hotel values and cap rates in 2009? by Suzanne Mellen

8 May 2009

Hospitality Lawyers with Suzanne Mellen’s “What’s happening to hotel values and cap rates” Meet the Money® presentation May 7, 2009

Meet the Money® is the annual hotel finance conference presented by the hotel lawyers of JMBM’s Global Hospitality Group®. These slides were presented at the 19th annual Meet the Money® conference held in Los Angeles on May 5-7, 2009.

For more information on the conference, see For more information on a broad range of hotel law subjects, see

For other JEWELS from the conference, see Hospitality Lawyers present JEWELS from Meet the Money® 2009 — the “best ever” hotel conference.

This is Suzanne Mellen’s presentation from Meet the Money® 2009

Two of the all-time most popular articles on are from Suzanne Mellen, of HVS. The first one was an article from last year’s Meet the Money®. It was entitled, “Hotel Attorney on State of the Hospitality Industry. Suzanne Mellen’s HVS presentation at JMBM’s Meet the Money® 2008.
On May 7, 2009, Suzanne gave us the latest update on this data. I think it is her best ever presentation. It is a little scary and very intriguing. I expect this will become a classic.


Suzanne R. Mellen CRE MAI
Managing Director
HVS International
(415) 268-0351

One of the other most popular articles to ever appear on was a primer on capitalization rates based on Suzanne’s data, my insights, and Suzanne’s patient assistance. That article is entitled, “Hotel Attorney on Hotel Cap Rates. What’s happening to hotel cap rates, values and financing?

Presentation at JMBM’s Meet the Money® — 19th Annual Hotel Conference. See or

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’s 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.