See below for Suzanne Mellen’s presentation at Meet the Money® 2010, and for links to other materials from Meet the Money Meet the Money® 2010.
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Meet the Money® 2010: Mark Woodworth, PKF Consulting: What better time?
Here is an easy download link, and an embedded image for Mark Woodworth’s presentation at Meet the Money® 2010.
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Meet the Money® 2010: Greg Hartmann, STR Analytics: Light at the end of the tunnel?
Here is an easy download link, and an embedded image for Greg Hartmann’s presentation at Meet the Money® 2010.
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The Lenders Handbook for Troubled Hotels — How to get a FREE copy . . .
05 May 2010
Sorry if you have already received this message, but for some reason we are getting a lot of emails and calls from people who have had trouble getting to The Lenders Handbook for Troubled Hotels . . . so we want to make it easier . . .Click on the graphic below to download the Handbook.
Hotel Lawyer with
- The Lenders Handbook for Troubled Hotels
Troubled hotels? Hotel loan defaults? Distressed hotel assets? Hotel bankruptcies, receiverships, or workouts?
If you are dealing with the troubled hotel asset of any kind, The Lenders Handbook for Troubled Hotels will be an invaluable guide for you. This comprehensive, easy-to-read, 98-page book is FREE from the hotel lawyers at JMBM’s Global Hospitality Group®.
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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!
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Meet the Money® – What is really happening with the recovery and how will it affect the hotel industry? Insightful perspectives from the experts at Meet the Money®
4 May 2009
What is really happening with the recovery and how will it affect the hotel industry? Insightful perspectives from the experts at Meet the Money®
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Hotel workouts, hotel bankruptcies, hotel receiverships — We wrote the book on troubled hotel assets: The Lenders Handbook for Troubled Hotels.
03 May 2010
The Lenders Handbook for Troubled Hotels
Lenders, special servicers, investors and receivers!
Are you aware of the full range of alternative strategies for dealing with troubled hotels? Does your lawyer provide you with analytical tools to help you identify, evaluate and select from a full range of options? Do you know how to recognize the crucial points where the wrong decision can give away more than half the value of a hotel?
We cover these critical issues — and much more — in our new, comprehensive, 98-page book, The Lenders Handbook for Troubled Hotels. Distilled from experts who have more than 1,000 bankruptcies, receiverships and workouts under their belts and more than 20 years of experience, you will find the handbook useful as a permanent resource that you can refer to time and again.
And you can get your copy for FREE! (see download link below)
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Hotel management agreement terminations — Is there a better way?
28 April 2010
Keywords:
Hotel Operating Agreement, HOA, Hotel Management Agreement, HMA, Hotel Management Contract, Management Contract. Hotel Operator, Hotel Manager, Hotel Owner. RFP for Hotel Manager. RFP for Hotel Operator, How to get a great hotel operator.
Terminology
Contracts between hotel owners and managers (or operators) controlling the management of a hotel go by various names. They are called hotel management agreements, HMAs, hotel management contracts or hotel operating agreements. For convenient reference, this article will generally use the term “Hotel Management Agreement” or “HMA.” However all these terms can be used interchangeably and mean the same thing, just as with hotel operator or hotel manager.
Whatever they are called, Hotel Management Agreements allocate risk between the hotel manager and the hotel owner. They are critical in determining the profitability and value of a hotel.
Hotel Management Agreement disputes are on the rise! The recent announcement about Banyan Tree Hotels & Resorts terminating its management contract at Banyan Tree Al Areen resort in Bahrain are amongst the latest proof of this trend
Hotel management agreements are a key factor in the success and value of a hotel — getting the right operator and a fair hotel management contract. And articles on hotel management contracts are some of the most frequently viewed items on www.HotelLawBlog.com. We have a rich library of resources on this topic – everything from “How to get a great hotel operator” and “ Helping Owners Strike a Fair Deal: 5 Milestones Marking The Road To Success For Hotel Management Agreements” to “How to terminate a hotel management agreement when an operator really deserves it!” or “Terminating hotel management agreements when things don’t work?.”
A version of this article was first published on 28 April 2010 by Hotel Management Asia, a Questex Asia Ltd. publication, under the title, “Comment: Jim Butler on Hotel Management Agreements.”
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Meet the Money® at JMBM’s 20th annual hotel conference!
27 April 2010
Hotel Lawyer with the “last call” to join the Game Changers at Meet the Money®
Meet the Money® is next week, May 3-5, 2010 at the Sheraton Gateway LAX hotel. Although our room block has sold out completely, the hotel has graciously extended our preferred conference room rate until April 30. There is still time to register for this “can’t miss” event.
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Global Hospitality Advisor®: Opportunistic investment alert! What to watch for when buying distressed debt on timeshare, fractional and vacation club developments
24 April 2010
Hotel Lawyer with some advice for investors in distressed notes and receivables involving timeshares, fractionals and vacation clubs. How to buy vacation ownership notes and receivables.
One of the most profitable endeavors for savvy lenders has been acquisition and development loans and consumer receivable financing for vacation ownership projects — timeshare, fractional and vacation club projects. For various reasons that have little to do with the continuing sound fundamentals and continuing consumer demand for such project, the biggest lenders in this area have essentially stopped lending to deal with their other problems. And recently, some opportunistic investors have sought our advice on some potentially exciting loans being sold at a fair discount.
Due diligence is the caveat. (See What have we learned from “The Crash of 2008”? There are no shortcuts for due diligence! There is great opportunity here, but also significant risk that can be ferreted out and analyzed to provide great confidence about the investment. In this article, my colleague and timeshare lawyer David Sudeck, a senior member of JMBM’s Global Hospitality Group®, shares some of his insights on this subject.