Author Bio

Daniel H. Lesser

President & CEO of LW Hospitality Advisors LLC (LWHA)

Daniel H. Lesser, President & CEO of LW Hospitality Advisors LLC (LWHA), brings more than 35 years of expertise in a wide range of hospitality operational, investment counseling, valuation, advisory, and transactional services. He provides services to corporate, institutional, and individual clients as well as public agencies on all facets of hospitality real estate including: litigation support and expert testimony, site evaluation, highest and best use analysis, appraisals for mortgage, acquisition, and portfolio management, workout strategies, operational analysis, development consulting, property tax assessment appeal evaluations, economic impact studies, fairness opinions, deal structuring, and negotiation of management and franchise agreements. Mr. Lesser had been retained in connection with a broad variety of lodging assets throughout the Americas, as well as in Europe, the Middle East and Asia.

Articles by Daniel H. Lesser (3)

The 'highest and best use' of real estate

The recent vote by the New York City Council approving construction of 15 Penn Plaza, a 1.3-million-square-foot office building on the site of the Hotel Pennsylvania in Manhattan, is most likely the final chapter of this storied hotel's economic life. The approved development ...

Hotels never stabilize

All types of real estate investments, including hotel facilities, have life cycles that reflect a rise and fall of net operating income during a property's economic life. A renovated, repositioned or brand new hotel experiences rising occupancy and/or average room rate levels ...