Author
Author

Jon Peck

President of Peck Hotel Consulting and active Consultant with Cayuga Hospitality Consultants

Jon PeckJon Peck is President of Peck Hotel Consulting and active Consultant with Cayuga Hospitality Consultants. He has been directly involved in more than 60 hotel openings and acquisitions. His specialties include asset management plus all levels of hotel and resort development. Previously, Jon Peck served as Chief Operating Officer for White Lodging and was responsible for the day to day operation of 155 hotels in 23 states.

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Insights by Jon Peck (2)

5 Considerations for a First Time Hotel Buyer

The shocking decrease in demand created by COVID-19 crippled balance sheets and sidelined many of the traditional hotel buyers such as hotel REITs, current owners, and Private Equity groups. As liquidity pressure mounts on current owners, quality hotel opportunities are certainly going to come on the market (or off-market) at deep discounts, but the window of opportunity is likely to be brief.

Hotel Development: Boutique Hotels vs Chain Hotels

Boutique hotel supply and demand is growing at a much faster pace than traditional branded hotels. A consumer shift as significant as this should be noted if you are considering a hotel development project.
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