RUTHLESS ASSET MANAGEMENT. Moderator Jeff Weinstein Editor in chief, HOTELS Magazine.
-
Upload
malachi-oakland -
Category
Documents
-
view
218 -
download
0
Transcript of RUTHLESS ASSET MANAGEMENT. Moderator Jeff Weinstein Editor in chief, HOTELS Magazine.
![Page 1: RUTHLESS ASSET MANAGEMENT. Moderator Jeff Weinstein Editor in chief, HOTELS Magazine.](https://reader038.fdocuments.in/reader038/viewer/2022103015/5517a03955034645368b5aa9/html5/thumbnails/1.jpg)
RUTHLESS ASSET MANAGEMENT
![Page 2: RUTHLESS ASSET MANAGEMENT. Moderator Jeff Weinstein Editor in chief, HOTELS Magazine.](https://reader038.fdocuments.in/reader038/viewer/2022103015/5517a03955034645368b5aa9/html5/thumbnails/2.jpg)
ModeratorJeff Weinstein
Editor in chief, HOTELS Magazine
![Page 3: RUTHLESS ASSET MANAGEMENT. Moderator Jeff Weinstein Editor in chief, HOTELS Magazine.](https://reader038.fdocuments.in/reader038/viewer/2022103015/5517a03955034645368b5aa9/html5/thumbnails/3.jpg)
Jon BortzFounder, Chairman and CEO
Pebblebrook Hotel Trust
![Page 4: RUTHLESS ASSET MANAGEMENT. Moderator Jeff Weinstein Editor in chief, HOTELS Magazine.](https://reader038.fdocuments.in/reader038/viewer/2022103015/5517a03955034645368b5aa9/html5/thumbnails/4.jpg)
Laurence GellerPresident and CEO
Strategic Hotels & Resorts
![Page 5: RUTHLESS ASSET MANAGEMENT. Moderator Jeff Weinstein Editor in chief, HOTELS Magazine.](https://reader038.fdocuments.in/reader038/viewer/2022103015/5517a03955034645368b5aa9/html5/thumbnails/5.jpg)
Robert (Bob) MorseSenior Vice President, COO
The Americas, IHG
![Page 6: RUTHLESS ASSET MANAGEMENT. Moderator Jeff Weinstein Editor in chief, HOTELS Magazine.](https://reader038.fdocuments.in/reader038/viewer/2022103015/5517a03955034645368b5aa9/html5/thumbnails/6.jpg)
HAMA Mission Statement
The Hospitality Asset Managers Association’s mission is the enhancement of hospitality asset values through education advancement of the profession, and serving as the collective voice of ownership.
http://www.hamagroup.org/
![Page 7: RUTHLESS ASSET MANAGEMENT. Moderator Jeff Weinstein Editor in chief, HOTELS Magazine.](https://reader038.fdocuments.in/reader038/viewer/2022103015/5517a03955034645368b5aa9/html5/thumbnails/7.jpg)
HAMA Survey: Hotel asset manager profile
The data was tabulated based on 86 responses, which represent a 57% response rate.More than 68% of the respondents were vice presidents or senior vice presidents.Approximately 23% were presidents, principals, or partners. The balance had the title of director or asset manager.
![Page 8: RUTHLESS ASSET MANAGEMENT. Moderator Jeff Weinstein Editor in chief, HOTELS Magazine.](https://reader038.fdocuments.in/reader038/viewer/2022103015/5517a03955034645368b5aa9/html5/thumbnails/8.jpg)
Source: Hospitality Asset Management Association
![Page 9: RUTHLESS ASSET MANAGEMENT. Moderator Jeff Weinstein Editor in chief, HOTELS Magazine.](https://reader038.fdocuments.in/reader038/viewer/2022103015/5517a03955034645368b5aa9/html5/thumbnails/9.jpg)
Source: Hospitality Asset Management Association
![Page 10: RUTHLESS ASSET MANAGEMENT. Moderator Jeff Weinstein Editor in chief, HOTELS Magazine.](https://reader038.fdocuments.in/reader038/viewer/2022103015/5517a03955034645368b5aa9/html5/thumbnails/10.jpg)
Source: Hospitality Asset Management Association
![Page 11: RUTHLESS ASSET MANAGEMENT. Moderator Jeff Weinstein Editor in chief, HOTELS Magazine.](https://reader038.fdocuments.in/reader038/viewer/2022103015/5517a03955034645368b5aa9/html5/thumbnails/11.jpg)
Source: Hospitality Asset Management Association
![Page 12: RUTHLESS ASSET MANAGEMENT. Moderator Jeff Weinstein Editor in chief, HOTELS Magazine.](https://reader038.fdocuments.in/reader038/viewer/2022103015/5517a03955034645368b5aa9/html5/thumbnails/12.jpg)
Source: Hospitality Asset Management Association
![Page 13: RUTHLESS ASSET MANAGEMENT. Moderator Jeff Weinstein Editor in chief, HOTELS Magazine.](https://reader038.fdocuments.in/reader038/viewer/2022103015/5517a03955034645368b5aa9/html5/thumbnails/13.jpg)
Source: Hospitality Asset Management Association
![Page 14: RUTHLESS ASSET MANAGEMENT. Moderator Jeff Weinstein Editor in chief, HOTELS Magazine.](https://reader038.fdocuments.in/reader038/viewer/2022103015/5517a03955034645368b5aa9/html5/thumbnails/14.jpg)
Source: Hospitality Asset Management Association
![Page 15: RUTHLESS ASSET MANAGEMENT. Moderator Jeff Weinstein Editor in chief, HOTELS Magazine.](https://reader038.fdocuments.in/reader038/viewer/2022103015/5517a03955034645368b5aa9/html5/thumbnails/15.jpg)
Source: Hospitality Asset Management Association
![Page 16: RUTHLESS ASSET MANAGEMENT. Moderator Jeff Weinstein Editor in chief, HOTELS Magazine.](https://reader038.fdocuments.in/reader038/viewer/2022103015/5517a03955034645368b5aa9/html5/thumbnails/16.jpg)
External expertise and consultants
Source: Hospitality Asset Management Association
![Page 17: RUTHLESS ASSET MANAGEMENT. Moderator Jeff Weinstein Editor in chief, HOTELS Magazine.](https://reader038.fdocuments.in/reader038/viewer/2022103015/5517a03955034645368b5aa9/html5/thumbnails/17.jpg)
Source: Hospitality Asset Management Association
![Page 18: RUTHLESS ASSET MANAGEMENT. Moderator Jeff Weinstein Editor in chief, HOTELS Magazine.](https://reader038.fdocuments.in/reader038/viewer/2022103015/5517a03955034645368b5aa9/html5/thumbnails/18.jpg)
![Page 19: RUTHLESS ASSET MANAGEMENT. Moderator Jeff Weinstein Editor in chief, HOTELS Magazine.](https://reader038.fdocuments.in/reader038/viewer/2022103015/5517a03955034645368b5aa9/html5/thumbnails/19.jpg)
Source: Hospitality Asset Management Association
![Page 20: RUTHLESS ASSET MANAGEMENT. Moderator Jeff Weinstein Editor in chief, HOTELS Magazine.](https://reader038.fdocuments.in/reader038/viewer/2022103015/5517a03955034645368b5aa9/html5/thumbnails/20.jpg)
U.S. hotel values projected to surpass 2006 peak in 2013
Source: HVS/STR Hotel Valuation Index
![Page 21: RUTHLESS ASSET MANAGEMENT. Moderator Jeff Weinstein Editor in chief, HOTELS Magazine.](https://reader038.fdocuments.in/reader038/viewer/2022103015/5517a03955034645368b5aa9/html5/thumbnails/21.jpg)
United States value growth projected to persist through 2016
Source: HVS/STR Hotel Valuation Index
![Page 22: RUTHLESS ASSET MANAGEMENT. Moderator Jeff Weinstein Editor in chief, HOTELS Magazine.](https://reader038.fdocuments.in/reader038/viewer/2022103015/5517a03955034645368b5aa9/html5/thumbnails/22.jpg)
Las Vegas values per room increased the most between 2010-2011
Source: HVS/STR Hotel Valuation Index
![Page 23: RUTHLESS ASSET MANAGEMENT. Moderator Jeff Weinstein Editor in chief, HOTELS Magazine.](https://reader038.fdocuments.in/reader038/viewer/2022103015/5517a03955034645368b5aa9/html5/thumbnails/23.jpg)
Tucson values per room decreased the most between 2010-2011
Source: HVS/STR Hotel Valuation Index
![Page 24: RUTHLESS ASSET MANAGEMENT. Moderator Jeff Weinstein Editor in chief, HOTELS Magazine.](https://reader038.fdocuments.in/reader038/viewer/2022103015/5517a03955034645368b5aa9/html5/thumbnails/24.jpg)
Convention cities projected to capture largest value growth in 2012
Source: HVS/STR Hotel Valuation Index
![Page 25: RUTHLESS ASSET MANAGEMENT. Moderator Jeff Weinstein Editor in chief, HOTELS Magazine.](https://reader038.fdocuments.in/reader038/viewer/2022103015/5517a03955034645368b5aa9/html5/thumbnails/25.jpg)
Tucson values expected to decline the most in 2012
Source: HVS/STR Hotel Valuation Index
![Page 26: RUTHLESS ASSET MANAGEMENT. Moderator Jeff Weinstein Editor in chief, HOTELS Magazine.](https://reader038.fdocuments.in/reader038/viewer/2022103015/5517a03955034645368b5aa9/html5/thumbnails/26.jpg)
However, Tucson expected to show the most value increase through 2016
Source: HVS/STR Hotel Valuation Index
![Page 27: RUTHLESS ASSET MANAGEMENT. Moderator Jeff Weinstein Editor in chief, HOTELS Magazine.](https://reader038.fdocuments.in/reader038/viewer/2022103015/5517a03955034645368b5aa9/html5/thumbnails/27.jpg)
Cities with the smallest value appreciation projection through 2016
Source: HVS/STR Hotel Valuation Index
![Page 28: RUTHLESS ASSET MANAGEMENT. Moderator Jeff Weinstein Editor in chief, HOTELS Magazine.](https://reader038.fdocuments.in/reader038/viewer/2022103015/5517a03955034645368b5aa9/html5/thumbnails/28.jpg)
Gateway cities are the most volatile
Source: HVS/STR Hotel Valuation Index
![Page 29: RUTHLESS ASSET MANAGEMENT. Moderator Jeff Weinstein Editor in chief, HOTELS Magazine.](https://reader038.fdocuments.in/reader038/viewer/2022103015/5517a03955034645368b5aa9/html5/thumbnails/29.jpg)
Long-term hold: Average annual compounded value growth,1987-2016
Source: HVS/STR Hotel Valuation Index
![Page 30: RUTHLESS ASSET MANAGEMENT. Moderator Jeff Weinstein Editor in chief, HOTELS Magazine.](https://reader038.fdocuments.in/reader038/viewer/2022103015/5517a03955034645368b5aa9/html5/thumbnails/30.jpg)
Source: HVS International
![Page 31: RUTHLESS ASSET MANAGEMENT. Moderator Jeff Weinstein Editor in chief, HOTELS Magazine.](https://reader038.fdocuments.in/reader038/viewer/2022103015/5517a03955034645368b5aa9/html5/thumbnails/31.jpg)
Observations for investors – Europe
Source: HVS International
![Page 32: RUTHLESS ASSET MANAGEMENT. Moderator Jeff Weinstein Editor in chief, HOTELS Magazine.](https://reader038.fdocuments.in/reader038/viewer/2022103015/5517a03955034645368b5aa9/html5/thumbnails/32.jpg)
Highlights from 2011, Asia
Source: HVS International
![Page 33: RUTHLESS ASSET MANAGEMENT. Moderator Jeff Weinstein Editor in chief, HOTELS Magazine.](https://reader038.fdocuments.in/reader038/viewer/2022103015/5517a03955034645368b5aa9/html5/thumbnails/33.jpg)
Asia hotel value per room, 2011
Source: HVS International
![Page 34: RUTHLESS ASSET MANAGEMENT. Moderator Jeff Weinstein Editor in chief, HOTELS Magazine.](https://reader038.fdocuments.in/reader038/viewer/2022103015/5517a03955034645368b5aa9/html5/thumbnails/34.jpg)
Predications for 2016, Asia
Source: HVS International
![Page 35: RUTHLESS ASSET MANAGEMENT. Moderator Jeff Weinstein Editor in chief, HOTELS Magazine.](https://reader038.fdocuments.in/reader038/viewer/2022103015/5517a03955034645368b5aa9/html5/thumbnails/35.jpg)
Change in value per room in Asia: 2011 to 2016
Source: HVS International
![Page 36: RUTHLESS ASSET MANAGEMENT. Moderator Jeff Weinstein Editor in chief, HOTELS Magazine.](https://reader038.fdocuments.in/reader038/viewer/2022103015/5517a03955034645368b5aa9/html5/thumbnails/36.jpg)
General observations
Source: HVS International
![Page 37: RUTHLESS ASSET MANAGEMENT. Moderator Jeff Weinstein Editor in chief, HOTELS Magazine.](https://reader038.fdocuments.in/reader038/viewer/2022103015/5517a03955034645368b5aa9/html5/thumbnails/37.jpg)
QUESTIONS & ANSWERS
![Page 38: RUTHLESS ASSET MANAGEMENT. Moderator Jeff Weinstein Editor in chief, HOTELS Magazine.](https://reader038.fdocuments.in/reader038/viewer/2022103015/5517a03955034645368b5aa9/html5/thumbnails/38.jpg)
FOR MORE INFORMATION
Jeff Weinstein: [email protected]
Webinar recording and PowerPoint presentation will be emailed to you within 48 hours.
For more information:www.hotelsmag.com