News for the Hospitality Executive
The 2010 Lodging Industry Investment Council Top Ten:
Annual Survey of Lodging Investment Trends
Hotel Investment Market Bottoms Out; But Caution Abounds
May 6, 2010 - Annually, the members of the hotel’s industry’s preeminent think tank, “LIIC – The Lodging Industry Investment Council”, are surveyed to develop a list of the major hotel investment opportunities and challenges for the coming year. This exhaustive survey results in the LIIC Top Ten; a highly regarded profile of investment sentiment and attitudes for the lodging industry for the forthcoming 12 months.
All together, the members of LIIC represent acquisition and disposition control of billions of dollars in lodging real estate. The hospitality industry’s most influential investors, lenders, corporate real estate executives, REIT’s, public hotel companies, brokers and significant lodging equity sources are represented on the council. LIIC serves as the leading industry think tank servicing the hospitality business (www.liic.ws).
This year’s survey was compiled by LIIC’s co-chairman, Mike Cahill. Mr. Cahill is CEO and founder of HREC – Hospitality Real Estate Counselors, a leading international hotel and casino advisory and brokerage firm specializing in lodging property sales, debt refinancing, consulting, appraisals and litigation support. (www.hrec.com).
1. Hotel Investment Market Bottoms Out, But Caution Abounds: Compared to last year, hotel investment market participants believe the worst is over, both from the perspectives of operating fundamental and investment risk perception. Transaction activity (property sales volume) is forecasted to increase significantly with higher values for sellers. However, uncertainty over macroeconomic issues still loom, producing an overall mood best characterized as “cautious optimism”.
LIIC – The Lodging Industry Investment Council
|Also See:||2009's Top 10 Hotel Investment Trends and Challenges Released by The Lodging Industry Investment Council (LLIC) / May 2009|
|The LIIC Top Ten: 2007 Survey of Lodging Investment Trends and Challenges / May 2007|
|The 2006 LIIC – The Lodging Industry Investment Council - Top Ten: An Annual Survey of Lodging Investment Trends and Challenges / May 2006|
|The 2005 Lodging Industry Investment Council Top Ten; LIIC's List of Major Hotel Investment Opportunities and Challenges / May 2005|
|The 2004 LIIC Top Ten: An Annual Survey of Lodging Investment Trends and Challenges / June 2004|