Hotel Online  Special Report

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Produced By Hoteliers For Hoteliers, �Essentials Of Hotel Ownership� Conference Hailed By All Who Attend
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Lodging veterans Morris Lasky, Steve Belmonte and John Cauvin
receive rave reviews for their back-to-basics refresher
course on hotel management

CHICAGO� June 21, 2004 ��There�s a lot to be said for experience,� said Sumner Baye, President and Partner of the Hotel Network, a New York-based consultancy specializing in hotel development, finance, management and operations. �When you are called upon as an equity partner to do as many hotel deals as I do, you need to be kept up-to-speed with industry trends and operations issues. The recent series of conferences lead by Morris Lasky, Steve Belmonte and John Cauvin give owners, operators and investors the information they need to be successful today. There�s simply nothing this savvy team of veteran hoteliers doesn�t know about hospitality or running a successful business.�

Baye recently attended the �Essentials Of Hotel Ownership� conference held June 9 at the Waldorf Astoria in New York. The half-day symposium is the braintrust of three high-profile industry veterans who together represent more than 120 years of successful, recognized hospitality management and operations experience.

�Not only can the industry learn from the experiences of these gentlemen, but anyone who attends this conference will exit with a host of new ideas that can instantly be implemented to better their properties,� Baye said. �Often times we are so busy running hotels or putting together deals that we overlook the simple, but proven strategies that make for satisfied customers and successful owners. Morris, Steve and John keep you updated on the state of the industry in a small, intimate setting. They interject their own experiences and share their secrets to management success. Everyone benefits.�

Roger Bloss, President of Best Value Inn, concurred.

�As always, Morris, Steve and John shared their huge hearts, terrific souls and a tremendous amount of integrity with everyone who attended the �Essentials� event,� Bloss said. �Too often we don�t take the time to sit, listen and learn from those who have decades of experience and success stories to share. These �three amigos� brought their grass roots ideals together and combined them with the modern e-business solutions and technologies that are prevalent today and presented a true picture of what is going on if the forefront of the industry. They are in-tune with the times, but have not lost the foundation of the true nature of the business we are in � hospitality.� 

Accolades abound

"The �Essentials of Hotel Ownership� symposium far exceeded my expectations,� said Craig Sullivan, hotel specialist with North American Title, a company that deals with the sale, refinancing and construction of hotel properties across the country. �The conference provided a common-sense, how-to approach to managing hotels that is overlooked today. This information is critical to anyone who owns or manages under-performing properties." 

Sullivan said he recommends the �Essentials Of Hotel Ownership� conference to first-time, single asset owners and experience multi-asset owners to get a back-to-basics overview of running a property today, especially amidst an uncertain economy.

Neil Freeman, President of Aries Capital agreed.

�The education we received through this conference was very important to those of us in the hotel-deals business � especially considering the beating that hospitality has taken from Wall Street and other lending environments,� said. �It gave everyone a better understanding of how a hotel operates and the value a good management company can bring to the table to improve asset performance. We can now better determine if a loan is viable for a property.�

Answering a need

According to Lasky, there seems to be a real demand for continuing education in the management and ownership arena.

"My colleagues and I produced this event twice now, and what we are hearing is that there is a need to keep it going,� Lasky said. "With decades of experience in lodging ownership, management and operations, and in turning around the performance of an underachieving property, we are proud to offer our expertise to anyone in the ownership, lender or investment fields. Whether you attend an upcoming �Essentials Of Hotel Ownership� symposium or call upon the hotel management or franchise negotiating services of Lodging Unlimited, Lodging Unlimited � West, or Hospitality Solutions LLC respectively, hoteliers will quickly uncover valuable tools that will cultivate enhanced asset performance and increased asset value.

�Of course, you�ll also have a lot of fun,� he said. 

For more information on attending upcoming �Essentials Of Hotel Ownership� events, or to gather more information on bringing Lodging Unlimited, Lodging Unlimited � West or Hospitality Solutions LLC on board to manage your hotel operations or help assist with a franchising issue, call Morris Lasky at (312) 595-1390, John Cauvin at (480) 443-0909 x100 or Steve Belmonte at (973) 598-0839.

About Lodging Unlimited

Lodging Unlimited Inc., Chicago, Ill., provides the highest level of management, consulting and marketing services for the hospitality industry. Morris E. Lasky, the company's Chief Executive Officer, began his hospitality career in 1956 and has since become one of the industry's leaders in acquisition strategies and operations expertise. He helped found and has been the Chairman of The Lodging Conference since 1995. It is one of the hotel industry's premier conferences and is held every fall at The Arizona Biltmore in Phoenix. Lasky has directed Lodging Unlimited in $5 billion of management activity, development real estate and financing. For more information, call 312-595-1390 or e-mail [email protected] or visit www.lodgingunlimited.com.

About Lodging Unlimited West is the west coast affiliate of Lodging Unlimited that operates Windmill Inns & Suites, a lodging enterprise with six locations, three each in Oregon and Arizona. John Cauvin, President and CEO of Windmill Inns of America, offers a 110% satisfaction guarantee at the properties. He stresses the philosophy that true hospitality is going the extra mile. For more information call 480-443-0909 or visit www.windmillinns.com.

About Hospitality Solutions LLC

Hospitality Solutions LLC, Randolph, N.J., provides franchise agreement formulations and termination negotiation assistance, mediation, consulting, litigation support, expert witness services, asset management, renovations, financing assistance, executive retreats, motivational speaking, sales-and-marketing training sessions, and special projects/new corporate initiatives to the hospitality and service industries. Company President and CEO Steven Belmonte, former President and CEO of Ramada Hotels, also served as Chairman of the American Hotel & Lodging Assn.�s Educational Foundation, serves on the Board of Directors of Arlington Hospitality Inc. and serves as a partner with Belmonte/Lasky Asset Management Inc. For more information, call (973) 598-0839, email [email protected] or visit www.stevenbelmonte.com.


 
Contact:

Morris Lasky
President/CEO
Lodging Unlimited
Tel: (312) 595-1390
[email protected]

Barb Worcester, President
PRPRO
[email protected]
Tel: (440) 930-5770

Also See: Lasky Launches �Lodging Unlimited West� At Hotel Ownership Conference In New York / April 2004
�Essentials Of Hotel Ownership� Event Proving To Be In Big Demand in Big Apple; Scheduled for April 23, 2004 at The Waldorf-Astoria Hotel / April 2004
Belmonte Appoints Lee Dushoff To Hospitality Solutions Team / February 2004
Belmonte To Bring Insight To Best Value Inn Members as Keynote at Conference / October 2003
Belmonte �Talks the Talk� in Role as Motivational Speaker / March 2003
Steve Belmonte Immersed in Sarbanes-Oxley as a New Member of the Board of Directors of Arlington Hospitality Inc. / May 2003
Belmonte�s Back In Business As Hospitalty Solutions LLC / Feb 2003


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