The 2018 LIIC Top Ten: The Annual Survey of Lodging Investments Trends and Challenges
May 8, 2018 12:46am
"Hotel Real Estate: Floating Forward in a Fluid Market"
DENVER, 8 May 2018-- For well over a decade, the members of the hotel industry’s preeminent think tank, “LIIC – The Lodging Industry Investment Council,” are annually 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. Altogether, the members of LIIC represent direct acquisition and disposition control of well over $40 billion of lodging real estate.
Members are highly active and have the pulse of the market, with 53% of LIIC hotel investors having successfully purchased a hotel in the last 12 months and 40% currently having a hotel acquisition candidate under a purchase and sale contract. Moreover, 93% hope to buy lodging assets over the next year; 75% plan to sell a hotel over the next 24 months.
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 for the lodging business (www.liic.org).
Mike Cahill, LIIC co-chairman, produced this year’s survey (www.mikecahill.com). Mr. Cahill is CEO and Founder of HREC – Hospitality Real Estate Counselors, a leading international hotel and casino brokerage and advisory firm (16 offices nationwide) specializing in lodging property sales, debt financing, consulting and litigation support (www.hrec.com). Alexander Cammarata and James Few, Associates in HREC’s Denver office, assisted throughout the process.
2018 LIIC Top Ten Survey Results:
LIIC Bonus Questions:
Looking forward, the “hotel investment illuminati” believe…
LIIC is concerned about Tom Brady’s Health! 56% believe he should retire now and save his brain and marriage to Giselle. On the other hand, 20% selfishly want him to continue as “he is still peaking professionally.”
When staying at a hotel on a multiple day business trip, would you “pass” on daily room cleaning? 60% yes, 40% no. Broken down: 32% yes, for additional membership rewards points; 14% yes, for a 5% discount on room rate; 14% yes, for no discount because protecting the environment is the only reward I need; 19% no, not sanitary and 21% no, I want a hotel person to check daily to make sure I am alive.
Will Trump be re-elected as President in 2020? 16% say “yes,” MAGA; 65% report “no,” and 19% say “not applicable since he will be impeached prior to the election.” But time will tell…only 13% correctly predicted his win in 2016!
For additional information, please contact:
LIIC – The Lodging Industry Investment Council
Mike Cahill, CEO & Founder, HREC: firstname.lastname@example.org
Sean Hennessey, CEO, Lodging Investment Advisors: email@example.com
Jim Butler, Partner, JMBM - Jeffer Mangels Butler & Mitchell, LLP: firstname.lastname@example.org
Tags: the lodging industry investment council,
lodging investments trends and challenges
Why Retail Owners Are Partnering With Hotels
Hotel Lawyer: Brand Franchise Owners Ask “What Happened to My Area of Protection?”
Avoiding Hotel Data Breaches With a Risk Assessment Audit™ – Lessons From the Marriott International “Glitch”
JMBM Announces Sale of Marriott Warner Center Woodland Hills
U.S. News & World Report – Best Law Firms® Recognizes JMBM as 2019 “Best Law Firm”
Is GDPR Legislation Coming to U.S. Hotels?
New "Accessibility" Regulations for Electric Vehicle Charging Stations
What Do Top Hotel Executives See on the Horizon for 2018?
GDPR: What You Need to Know About the EU's New Data Privacy Rules
Hotel Lawyer Jeffrey T. Myers Joins JMBM’s Global Hospitality Group®
Proposition 65 Defense Lawyer: Is Your Hotel Ready for the New Prop 65 Regulation Deadline? / Jim Butler
Who Will You See at Meet the Money?
Important News for Hospitality Executives: How the New Tax Act Could Affect Your Estate Plan
California Labor & Employment Law Update: Key Changes in 2017 and What’s Slated for 2018
ADA Compliance & Defense Lawyer Update: 99 ADA Lawsuits Dismissed as Fraudulent and Malicious
Homeland Security Warns Against Threats to US Infrastructure
Resort Fee Litigation Advisory Group: How to Avoid Litigation on Resort Fees and Other Mandatory Hotel Charges
Hotel Lawyer: Tips on Negotiating Your Annual Hotel Budget
Resort Fee Litigation Advisory Group: How Resort Fees Became an Explosive $2.7 Billion Issue
Resort Fee Litigation Advisory Group: National Task Force of 47 Attorneys General Goes After Resort Fees
Please login or register to post a comment.