Real Estate: Hotel industry think tank's top 10 challenges for 2011
Hotel Lawyer from Meet the Money® - Hotel industry think tank's top 10 challenges for 2011
By Jim Butler, Chairman, JMBM’s Global Hospitality Group
I am privileged to be one of the co-chairs of the Lodging Industry Investment Council (LIIC) along with Mike Cahill and Sean Hennessey. LIIC is the hotel industry "think tank" whose membership owns or operates many billions of hotel investments, and involves all aspects of the industry.
While you will miss the humor and enthusiasm that Mike injects into his delivery at the conference, the presentation below is concise and easy to understand. The results reflect what industry leaders are thinking about right now. You will find the survey results very interesting.
I want to personally thank Mike Cahill and all of the LIIC members for their continued contribution to leadership in our industry.
This is Jim Butler, author of www.HotelLawBlog.com and hotel lawyer, signing off. We've done more than $60 billion of hotel transactions and have developed innovative solutions to help investors be successful in bidding for hotel acquisitions, and helping investors and lenders to unlock value from troubled hotel transactions. Who's your hotel lawyer?
About JMBM"s Taxation, Trusts & Estates Group
JMBM"s Taxation, Trusts & Estates Group is one of the largest and most active groups of its kind within a full-service law firm. Recognized by U.S. News & World Report / Best Law Firms® with a First-Tier ranking in the Los Angeles metropolitan area, our practice focuses on the needs of individuals and families, and their business interests. Our attorneys provide estate planning, wealth transfer planning, trust administration and the resolution of trust disputes. Our tax lawyers understand business concerns, and work closely with colleagues in the Firm"s corporate and real estate groups to ensure the tax efficiency of organizational and transactional decisions.
JMBM's Global Hospitality Group® provides business and legal advice to hotel owners, developers and investors, based on practical experience gained from more than $71 billion of hotel transactions, 1,000 hotel management agreements, 1,000 franchise agreements, and 3,800 properties worldwide. The Chinese Investment Group™ within the practice is a dedicated team of hotel and real estate lawyers that provide a gateway for Chinese investment in the United States. The Group and its network of reliable professional resources help Chinese investors identify, analyze, evaluate, validate, acquire, finance and manage hotel and real estate opportunities. We have closed more than $1.5 billion of EB-5 financing for our developer clients and sourced more than half of that.