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operational fundamentals during two-hour session CHICAGO � (Aug. 2, 2004) �The �Essentials of Hotel Ownership� workshop is back by popular demand. The workshop, created by Lodging Unlimited President and C.E.O. Morris Lasky, Lodging Unlimited � West C.O.O. John Cauvin, and Steve Belmonte, President and C.E.O. of Hospitality Solutions LLC and partner in Belmonte/Lasky Asset Management LLC, will be held for the third time this year, this time at the Lodging Conference in Phoenix this fall. The Lodging Conference, which Lasky co-founded and for which he�s served as Chairman since its inception, will celebrate its 10th anniversary Sept. 28-Oct. 1 at the Arizona Biltmore Resort & Spa. The �Essentials of Hotel Ownership� workshop, previously presented at New York�s Waldorf-Astoria in April and June, will run from 4 p.m. to 6 p.m. on Wednesday, Sept. 29, at the Biltmore. �The workshop was so well received in April and June that we decided to present it concurrently at the Lodging Conference in September,� Lasky said. �As was the case with the two previous �Essentials� workshops, this one will take a hard look at improving hotel real-estate value, franchising, and operational fundamentals, and will be conducted by me and my fellow workshop creators and business partners, John Cauvin and Steve Belmonte.� Lasky will kick off the workshop with his seminar, �Getting the Most out of Your Hotel Investment.� Known in the industry as the �Hotel Doctor,� Lasky will tap his 50 years of industry experience and offer up prescriptions for avoiding costly ownership/operating mistakes, boosting hotel real-estate value and improving bottom lines. Cauvin will speak on �Effective Hotel Reporting,� a topic with which he�s intimately familiar as a hotel owner/operator of the Windmill Inns & Suites hotel group for the past 20 years. �Basically my message is that you have to look at a lot more than the profit/loss statement to determine how well your hotel is performing,� Cauvin said. �As a longtime pilot, I like to use the analogy that I�m the flight instructor and all my managers are pilots. It�s my job to see that they�re reading the right �gauges,� as it were, and are up on all their skills to be flying their plane�that is, operating their property � successfully. In hotel operations, much like in flying an airplane, the secret to success is paying close attention to details�and I�ll discuss those details during my seminar.� Belmonte expects �lively, interactive� franchising seminar Belmonte will reprise his seminar, �Franchisor and Franchisee: The Ultimate Love/Hate Relationship.� �I�ll be focusing on issues like structuring a fair franchise agreement, are all franchisors the same, determining if a franchise is working, the benefits and pitfalls of changing flags, terminations, liquidated damages and more,� said Belmonte, who�s been on both sides of franchising as a hotel owner/operator and as the former President/C.E.O. of Ramada Franchise Systems. �The first two sessions at the Waldorf were lively and interactive, and I expect this one to be the same.� Lasky, Cauvin and Belmonte will wrap up the �Essentials
of Hotel Ownership� workshop with a brainstorming session that will include
a question/answer period.
About Lodging Unlimited
About Hospitality Solutions LLC
About Belmonte/Lasky Asset Management LLC Belmonte/Lasky Asset Management LLC is a joint venture between two of the hospitality industry�s most well-known and well-respected veteran executives � Steven Belmonte and Morris Lasky. With a combined 80 years of executive hospitality experience, managing and operating assets valued at more than $10 billion, Belmonte/Lasky will act as independent, third-party asset managers on behalf of owners and investors to resolve issues, enhance revenues and generate the highest possible ROI. For more information, call Steve Belmonte at 973-598-0839 or [email protected], or Morris Lasky at 312-595-1390 or [email protected]. |
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 
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