One of the most important aspects of the sale and purchase of hotel properties is the technical due-diligence process. This investigation into the "bones" of an existing property can be critical to the success or failure of a hotel venture.
As the national economy continues to rebound from the 2001 economic downturn, the hotel industry also follow this positive trend with impressive annual RevPAR growths, beginning in 2004.
A Case For Being Independent
Asset managers provide a wide range of management oversight, analysis, and support to hotel owners. The specific scope of services is tailored to each owner. Compensation is usually a flat fee or a fee that is a percentage of gross revenues.
Written by Mark Lynn in 2002, Nasdaq’s Impact on Silicon Valley Hotel Revenue , the article addresses the cyclical nature of supply and demand in this high profile market.
What Happens to Occupancy and Average Rate in a Slowing Economy? was written by Anne Lloyd-Jones in 2000 when the lodging industry was slowing down after half a decade of record performance.
Even More Spare Change In The Parking Couch...The Second Edition of a Three Part Series on Parking Asset Management Success
Anne Lloyd-Jones discusses factors impacting hotel investments in the post 9/11 environment, and correctly predicts the initial decline and ultimate revival in hotel values that we are witnessing today.
Steve Rushmore June 2005 Hotels monthly.
Steve Rushmore 2005 NYU presentation