ruthless asset management. moderator jeff weinstein editor in chief, hotels magazine
TRANSCRIPT
RUTHLESS ASSET MANAGEMENT
ModeratorJeff Weinstein
Editor in chief, HOTELS Magazine
Jon BortzFounder, Chairman and CEO
Pebblebrook Hotel Trust
Laurence GellerPresident and CEO
Strategic Hotels & Resorts
Robert (Bob) MorseSenior Vice President, COO
The Americas, IHG
HAMA Mission Statement
The Hospitality Asset Managers Association’s mission is the enhancement of hospitality asset values through education advancement of the profession, and serving as the collective voice of ownership.
http://www.hamagroup.org/
HAMA Survey: Hotel asset manager profile
The data was tabulated based on 86 responses, which represent a 57% response rate.More than 68% of the respondents were vice presidents or senior vice presidents.Approximately 23% were presidents, principals, or partners. The balance had the title of director or asset manager.
Source: Hospitality Asset Management Association
Source: Hospitality Asset Management Association
Source: Hospitality Asset Management Association
Source: Hospitality Asset Management Association
Source: Hospitality Asset Management Association
Source: Hospitality Asset Management Association
Source: Hospitality Asset Management Association
Source: Hospitality Asset Management Association
External expertise and consultants
Source: Hospitality Asset Management Association
Source: Hospitality Asset Management Association
Source: Hospitality Asset Management Association
U.S. hotel values projected to surpass 2006 peak in 2013
Source: HVS/STR Hotel Valuation Index
United States value growth projected to persist through 2016
Source: HVS/STR Hotel Valuation Index
Las Vegas values per room increased the most between 2010-2011
Source: HVS/STR Hotel Valuation Index
Tucson values per room decreased the most between 2010-2011
Source: HVS/STR Hotel Valuation Index
Convention cities projected to capture largest value growth in 2012
Source: HVS/STR Hotel Valuation Index
Tucson values expected to decline the most in 2012
Source: HVS/STR Hotel Valuation Index
However, Tucson expected to show the most value increase through 2016
Source: HVS/STR Hotel Valuation Index
Cities with the smallest value appreciation projection through 2016
Source: HVS/STR Hotel Valuation Index
Gateway cities are the most volatile
Source: HVS/STR Hotel Valuation Index
Long-term hold: Average annual compounded value growth,1987-2016
Source: HVS/STR Hotel Valuation Index
Source: HVS International
Observations for investors – Europe
Source: HVS International
Highlights from 2011, Asia
Source: HVS International
Asia hotel value per room, 2011
Source: HVS International
Predications for 2016, Asia
Source: HVS International
Change in value per room in Asia: 2011 to 2016
Source: HVS International
General observations
Source: HVS International
QUESTIONS & ANSWERS
FOR MORE INFORMATION
Jeff Weinstein: [email protected]
Webinar recording and PowerPoint presentation will be emailed to you within 48 hours.
For more information:www.hotelsmag.com