Outlook and Trends

Posted On: May 20, 2008 by Jim Butler

Hospitality Lawyer: What's going on in the buy-sell of California hotel transactions?

By Jim Butler, Hotel Lawyer | Author of www.HotelLawBlog.com
20 May 2008

Hospitality Lawyer on California Hotel Transactions.
Our friends at Atlas Hospitality are one of the dominant hotel brokerage operations focused exclusively on California hotel properties. At JMBM's recent Meet the Money®, Tim Edgar, Senior Vice President of Atlas, gave conference attendees an update on "A Transactional View of Hotel Values" in California. Some of the numbers were surprising, and here is Tim's full presentation.

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Posted On: May 18, 2008 by Jim Butler

Hospitality Lawyer on the Hotel of Tomorrow

By Jim Butler, Hotel Lawyer | Author of www.HotelLawBlog.com
18 May 2008

Hospitality Lawyer on innovations in the conceptualization and design of hotels. Meet the Money® -- the annual hotel conference presented by JMBM's hospitality attorneys and their Global Hospitality Group -- recently concluded its 18th annual hotel finance convocation. About 400 industry leaders gathered in Las Vegas to hear from hotel industry experts what is happening in our industry, and what is going to happen.

There were great presentations on recent industry data (Smith Travel Research and PKF Consulting), likely scenarios and sentiment for our near future (CBRE and LIIC), an analysis of major hotel transactions (HVS) and trends in hotel cap rates and values (Mellen), and much more as reported earlier here on www.HotelLawBlog.com). But in terms of the future, one of the most interesting presentations was the Hotel of Tomorrow or H.O.T. presented by Ron Swidler, President of Bon Aller, LLC (rswidler@bonaller.com or (612) 284-4747).

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Posted On: May 14, 2008 by Jim Butler

Hospitality Lawyer on Sentiment of the Hotel Industry

By Jim Butler, Hotel Lawyer | Author of www.HotelLawBlog.com
17 May 2008

Hospitality Lawyer from Meet the Money®. For the past 5 years, JMBM's annual hotel conference has been privileged to premier the annual survey of the hotel industry's preeminent thinkers on major issues affecting hotel investment opportunities and challenges for the coming year. Here it is again, providing valuable insight on what industry leaders think. And like consumer confidence surveys, or other measures of sentiment within an industry, these gems are more important as indications of what may drive decisions in the coming months than as actual predictions of future outcomes . . . although we often become what we think.

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Posted On: May 13, 2008 by Jim Butler

Hotel Attorney on State of the Hospitality Industry. Suzanne Mellen's HVS presentation at JMBM's Meet the Money® 2008

By Jim Butler, Hotel Lawyer | Author of www.HotelLawBlog.com
13 May 2008

Here is another one of the great industry leader presentations from our recent Meet the Money® program, giving us perspectives on where we've been and where we're going.

It is one of the most popular presentations here on www.HotelLawBlog.com. It is by Suzanne R. Mellen CRE MAI, Managing Director, HVS. (smellen@hvs.com or (415) 268-0351). You may also want to view earlier commentary on parts of this presentation provided by me or Suzanne. Click here to see the first article on Major Hotel Transactions, and here to see the second article on Hotel Cap Rates.)

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Posted On: May 13, 2008 by Jim Butler

Hotel Attorney on State of the Hospitality Industry. Dan Lesser's CBRE presentation at JMBM's Meet the Money® 2008

By Jim Butler, Hotel Lawyer | Author of www.HotelLawBlog.com
13 May 2008

Here is the presentation from Daniel H. Lesser, MAI, CRE, CHA, Senior Managing Director-Industry Leader of CB Richard Ellis, Inc. (daniel.lesser@cbre.com or (212) 207-6064) at JMBM's recent Meet the Money® conference. This was JMBM's 18th annual hotel conference. Dan insists that "the glass is half full."

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Posted On: May 13, 2008 by Jim Butler

Hotel Attorney on State of the Hospitality Industry. Mark Woodworth's PKF Consulting Hospitality Research presentation at JMBM's Meet the Money® 2008

By Jim Butler, Hotel Lawyer | Author of www.HotelLawBlog.com
13 May 2008

Here is the presentation from Mark Woodworth, President, PKF Hospitality Research (mark.woodworth@pkfc.com or (404) 842-1150 x222) at JMBM's recent Meet the Money® conference. This was JMBM's 18th annual hotel conference. I always look forward to the research and insights that Mark brings with his presenations.

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Posted On: May 12, 2008 by Jim Butler

Hotel Attorney on Hotel Cap Rates. What's happening to hotel cap rates, values and financing?

By Jim Butler, Hotel Lawyer | Author of www.HotelLawBlog.com
12 May 2008

Hotel Cap Rates are changing. What are hotel cap rates? What do the changes mean for your hotel buy or sell, hotel financing or refinancing, or next visit from the FDIC? What is the relationship between cap rates and equity return expectations?

What is happening to hotel cap rates? How does that affect every hotel buyer or seller, hotel investor or lender and analyst?

Meet the Money® -- the annual hotel conference presented by JMBM's hotel attorneys and their Global Hospitality Group -- has just concluded another successful hotel finance conference with about 400 industry leaders gathered in Las Vegas to hear from hotel industry experts what is happening in our industry, and what is going to happen. Suzanne Mellen, Managing Director of HVS' San Francisco office is one of the experts I look to in this area (smellen@hvs.com), and she gave us some great information that I want to share with you today.

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Posted On: May 9, 2008 by Jim Butler

Hotel Attorney at Meet the Money® -- Report on Major Hotel Transactions by Suzanne Mellen of HVS

By Jim Butler, Hotel Lawyer | Author of www.HotelLawBlog.com
9 May 2008

Hotel Attorney at Meet the Money® -- Report on Major Hotel Transactions by Suzanne R. Mellen, MAI, CRE, Managing Director of HVS, San Franciso. We always get the latest updates on the State of the Hotel Industry at Meet the Money® -- JMBM's annual hotel conference which just concluded its 18th annual edition. And one of my favorite updates is the one that Suzanne Mellen of HVS gives us on major hotel transactions.

Here is the very latest . . .

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Posted On: May 8, 2008 by Jim Butler

Hotel Attorney with Hotel Financing Experts at Meet the Money® 2008

Hotel Attorney with Hotel Financing Experts at Meet the Money® 2008

By Jim Butler, Hotel Lawyer | Author of www.HotelLawBlog.com
8 May 2008

Hotel Attorney at JMBM's Hotel Finance Conference: mood of the industry and where we go from here. It is May 8, 2008. JMBM's 18th annual hotel conference, Meet the Money® 2008 wrapped up this afternoon, and more than 100 of the industry leaders have just shared their latest experiences and outlooks for the remainder of 2008 and beyond.

There is a consensus to the mood of these hotel financing sources and industry leaders. While we have spent two information-packed days getting the details, and nuances of this, here is the overview.

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Posted On: May 7, 2008 by Jim Butler

Hotel Attorney at Hotel Finance Conference: Hotel Industry's "Think Tank" gives views on "Top 10 Issues"

By Jim Butler, Hotel Lawyer | Author of www.HotelLawBlog.com
7 May 2008

Hotel Attorney at JMBM's 18th Annual Hotel Finance Conference: Hotel Industry's "Think Tank" gives views on "Top 10 Issues". Continuing a tradition of many years, the hotel industry's "Think Tank" released its view on the LIIC Top 10 Issues for the industry.

Here's what it said . . .

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