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 11 May 2007
CapEx 2007 Presents Latest Information on Capital Expenditures Trends
LANSING, Mich. | The American Hotel & Lodging Educational Institute announces the publication of CapEx 2007: A Study of Capital Expenditures in the Hotel Industry. This book, sponsored by the International Society of Hospitality Consultants (ISHC) in cooperation with the American Hotel & Lodging Educational Foundation (AH&LEF) and the Hospitality Asset Managers Association (HAMA), presents data on trends in capital expenditures by various hotel segments, including luxury, full service, select service, and extended stay.
“We are very pleased to announce the availability of the ISHC CapEx 2007 report,” said Lori Raleigh, executive director of ISHC. “The report, currently in its third edition in follow up to earlier studies in 1995 and 2000, represents a one-of-a-kind resource in the hospitality industry for tracking capital expenditure trends.”
Raleigh added, “ISHC would like to specially acknowledge and thank our Strategic Partners—the Hospitality Asset Managers Association and the American Hotel & Lodging Education Foundation, along with the Educational Institute—for their very much appreciated support of the CapEx 2007 project.”
CapEx 2007 offers readers new and informed viewpoints on how capital is spent to maintain competitive positioning, achieve brand standards, and continue the life cycle of hotels. The statistical trends and editorial analysis included in the book make it particularly valuable to hotel owners, hotel operators, and investment analysts. The publication also includes a CD with the contents of the book in PDF format.
CapEx 2007: A Study of Capital Expenditures in the Hotel Industry is available for $99.95 for AH&LA members and $149.95. To order, call 800-752-4567 or 517-372-8800 (outside the U.S. and Canada, call 407-999-8100), or visit www.ei-ahla.org.
Established in 1953 as a nonprofit educational foundation of the American Hotel & Lodging Association, the Educational Institute’s mission is to support AH&LA by becoming the preferred provider to the lodging industry, hospitality schools, and related hospitality industries both domestically and internationally by developing and providing quality resources to train, educate, and certify hospitality professionals.
AH&LEF is the charitable fund-raising and endowed fund-management subsidiary of the American Hotel & Lodging Association. Founded in 1953, AH&LEF is the premier organization for scholarships, professional certification, and instructional material as well as funding for hospitality industry research.
The International Society of Hospitality Consultants (ISHC) is a professional society of leading consultants in the hospitality industry, with 200 members from 21 countries. Membership is by invitation only, and members are leaders in the industry in their respective areas of expertise. ISHC was founded in 1988 in recognition of the need for competent, unbiased advice, professional guidance, and sound judgment on hospitality industry issues. All members subscribe to the ISHC Code of Professional Conduct. For more information, visit www.ishc.com.
The Hospitality Asset Managers Association (HAMA) is an association of professional individuals who are dedicated to the enhancement of hotel and hospitality asset values. HAMA was founded in 1991. The purpose of the organization is to: improve asset management through the education of its members, communicate to the hotel industry the concerns of ownership, serve as a network for members, and promote ethical standards of conduct and mutual respect among members and the hospitality industry. For more information, visit www.hamainfo.com.
Senior Marketing Manager
Phone: 517-318-2359
Email: ejohnson@ahla.com
 American Hotel & Lodging Association (AH&LA)
www.ahla.com
1201, New York Avenue, NW
USA
- Washington, DC 20005
Phone: +1 202-289.3100
Fax: +1 202-289-3199
Email: info@ahla.com
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