Daniel Lesser presents on the state of the hospitality market.
The Counselors of Real Estate (CRE) held a panel called The Road Ahead for U.S. Lodging.
Hunter Hotel Investment Conference 2021 - Breakout Session on CMBS
The hospitality sector was devastated in 2020, but vaccinations, industrywide efforts, and returning demand are reasons for hope.
Proposed legislation pushed by New York City Mayor Bill de Blasio isn't expected to cause immediate challenges for hotel developers, but could stall future development at a time when new hotel rooms are needed in the market.
Historically, New York City (NYC) has enjoyed a strong and diverse volume of demand from the corporate, group and leisure sectors, which has driven its realization of the highest occupancy, average daily rate (ADR) and RevPAR levels within the United States.
The spring season of 2021 has sparked optimism in the overall economy and hospitality industry as compared to this time last year.
The legal system is the unsung hero of the commercial real estate industry, especially in times of strife.
While the AHLA’s “Safe Stay” initiative represented a new level of focus on transient lodging facility sanitation, there is no universally accepted way to clean a hotel guest room and there apparently remains no shortage of hotels that continue to fail to meet the challenge of cleanliness.
Panelists discuss government assistance and the repositioning of assets.