As president of LW Hospitality Advisors Asset & Property Management Services (LWHA), it’s Gary Isenberg’s business to identify and respond to trends in the industry.
Although already a popular choice for hotel development throughout Europe, in the U.S., modular construction is a growing trend in lodging, particularly in connection with low-rise select and limited-service properties.
Tenants, both original since occupancy inception as well as investment ventures that acquire seasoned leasehold positions, must carefully consider the economic terms of a ground lease and factor into their underwriting the potential for dramatic ground rent increases due in part to resets predicated upon the evolution of a strong real estate submarket.
This year, the number of speakers—127—surpassed the number of attendees at that very first Hunter Conference.
It’s a constant source of anxiety for any hotel manager. How can you deliver maximum profit while maintaining the guest experience?
Mayor Jim Brainard is negotiating a deal for Carmel to become deeply involved in financing, owning and operating a $40 million luxury hotel, which is raising questions about the rewards and risks of the city's increasingly aggressive approach to redevelopment.
Notwithstanding recent successes because of the brand’s direct-booking campaigns, hotel owners and operators must vigilantly guard against continued attempts by OTAs and home-sharing booking platforms to make inroads into the lodging sector.