RUTHLESS ASSET MANAGEMENT

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RUTHLESS ASSET MANAGEMENT

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RUTHLESS ASSET MANAGEMENT. Moderator Jeff Weinstein Editor in chief, HOTELS Magazine. Jon Bortz Founder, Chairman and CEO Pebblebrook Hotel Trust. Laurence Geller President and CEO Strategic Hotels & Resorts. Robert (Bob) Morse Senior Vice President, COO The Americas, IHG. - PowerPoint PPT Presentation

Transcript of RUTHLESS ASSET MANAGEMENT

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RUTHLESS ASSET MANAGEMENT

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ModeratorJeff Weinstein

Editor in chief, HOTELS Magazine

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Jon BortzFounder, Chairman and CEO

Pebblebrook Hotel Trust

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Laurence GellerPresident and CEO

Strategic Hotels & Resorts

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Robert (Bob) MorseSenior Vice President, COO

The Americas, IHG

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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/

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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.

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Source: Hospitality Asset Management Association

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Source: Hospitality Asset Management Association

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Source: Hospitality Asset Management Association

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Source: Hospitality Asset Management Association

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Source: Hospitality Asset Management Association

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Source: Hospitality Asset Management Association

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Source: Hospitality Asset Management Association

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Source: Hospitality Asset Management Association

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External expertise and consultants

Source: Hospitality Asset Management Association

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Source: Hospitality Asset Management Association

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Source: Hospitality Asset Management Association

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U.S. hotel values projected to surpass 2006 peak in 2013

Source: HVS/STR Hotel Valuation Index

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United States value growth projected to persist through 2016

Source: HVS/STR Hotel Valuation Index

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Las Vegas values per room increased the most between 2010-2011

Source: HVS/STR Hotel Valuation Index

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Tucson values per room decreased the most between 2010-2011

Source: HVS/STR Hotel Valuation Index

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Convention cities projected to capture largest value growth in 2012

Source: HVS/STR Hotel Valuation Index

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Tucson values expected to decline the most in 2012

Source: HVS/STR Hotel Valuation Index

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However, Tucson expected to show the most value increase through 2016

Source: HVS/STR Hotel Valuation Index

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Cities with the smallest value appreciation projection through 2016

Source: HVS/STR Hotel Valuation Index

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Gateway cities are the most volatile

Source: HVS/STR Hotel Valuation Index

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Long-term hold: Average annual compounded value growth,1987-2016

Source: HVS/STR Hotel Valuation Index

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Source: HVS International

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Observations for investors – Europe

Source: HVS International

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Highlights from 2011, Asia

Source: HVS International

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Asia hotel value per room, 2011

Source: HVS International

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Predications for 2016, Asia

Source: HVS International

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Change in value per room in Asia: 2011 to 2016

Source: HVS International

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General observations

Source: HVS International

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QUESTIONS & ANSWERS

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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