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Kannan Sankaran

Senior Director CBRE Hotels Advisory | Northeast Division

Kannan Sankaran

Kannan Sankaran is a Senior Director within CBRE Hotels Advisory’s Northeast Division, based out of the Washington, DC office. With more than 20 years of professional experience in the hospitality industry, he offers expertise in market and economic feasibility studies, strategic asset advisory assignments, acquisition and disposition due diligence, complex asset and business valuation assignments, impact analyses, litigation support, and development and operational planning. His consulting engagements cover a broad spectrum of real estate asset types including hotels, resorts, golf courses, marinas, conference/convention centers, and private schools (K-12). Mr. Sankaran experience includes a borad array of clients such as private equity firms, real estate development companies, major sources of debt financing, major hotel companies, associations, public REITS, all branches of the United States Department of Defense, and numerous municipalities and public agencies. He has assisted clients on assignments throughout the U.S. including Hawaii, as well as in Canada, the Dominican Republic, Panama, Germany, Japan, England, and South Korea. Mr. Sankaran holds Bachelor of Business Administration and Master of Tourism Administration degrees from The George Washington University’s School of Business. He is a frequent guest lecturer at university-level hotel school programs and related industry events and has been quoted in local and national publications.

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Insights by Kannan Sankaran (1)

COVID-19’s Potential Lasting Impact on Fixed vs Variable Hotel Expense Ratios

As a result of COVID-19, hotel operators have been forced to make tough decisions, including the most basic one on whether to keep the lights on. Many were required to close their doors after municipal mandates were put in place and some decided to remain open, despite record-low occupancy levels, to house pandemic-related first responders and other essential personnel related to the fallout from the spread of coronavirus, largely in place of more traditional sources of demand during "normal times".
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