8 May 2009
Hospitality Lawyers with “U.S. Lodging Industry Overview” by Mark Lomanno — Meet the Money® presentation May 6, 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.
8 May 2009
Hospitality Lawyers with the latest information from Meet the Money® 2009
Typical comments at Meet the Money® this year were “Best ever conference!” and “I am never going to miss this conference again. It’s different than all the others.”
For all of our industry friends — whether or not you were able to attend Meet the Money® 2009 — we will present some of the invaluable information delivered at the conference. We will present both the “raw data” of the PowerPoint presentations, and will also have some commentary in the next few days.
16 April 2009
Please see “troubled hotel loans – workouts, bankruptcies & receiverships” for the latest articles on troubled hotels.
Hotel Lawyer with the latest data on commercial real estate loan maturities and some important implications — Why you need to know all about CMBS Special Servicers and how to meet them!
My friend, Michael Murray at MBA Newslink, published a story this morning with some startling numbers. According to the Mortgage Bankers Association (or MBA), $90.5 billion of CMBS debt comes due this year! And that is only part of the story.
15 April 2009
Hotel Lawyer with questions, and perhaps some guidance, on how we make this all work. Today, the Fed announced that for the first time in 50 years, the US economy has experienced deflation. According to the Wall Street Journal, the Labor Department reported that the March consumer-price index slipped 0.4% below its year-earlier level — the first decline in more than 50 years.
5 January 2009
To say the least, the last year has been a very “interesting” one. Here are our picks for “The Best from HotelLawBlog.com” from 2008. There are some classic pieces here!
Author of www.HotelLawBlog.com
21 June 2008
Hospitality Attorney’s top insights to hotel industry. As we approach the half-way mark in 2008, the hospitality lawyers in JMBM’s Global Hospitality Group® thought it would be interesting to determine our readers’ “top picks” of all the articles we have posted this year. We could almost say that the top three picks are hotel financing, hotel financing and hotel financing. But here are the top three picks by “Topics” at www.HotelLawBlog.com:
(1) Hotel financing and hotel values in buy-sell transactions
(2) Hotel management agreements
(3) LEED and GREEN hotel development
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.
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).
Author of wwww.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.
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.)