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Meet the Cash Unveils ‘The Lodging Business Funding Council High 10 Tendencies for 2024’ – By Jim Butler
Yesterday at JMBM’s Meet the Cash nationwide resort finance convention, The Lodging Business Funding Council launched its much-anticipated LIIC High Ten – the 2024 replace of its an annual survey of funding sentiment survey.
LIIC — The lodging business suppose tank
The members of LIIC characterize the acquisition and disposition management of greater than $60 billion in lodging actual property. LIIC members comprise among the hospitality business’s most influential buyers, lenders, company actual property executives, REITs, public resort firms, brokers, and advisors.
For nearly 20 years, LIIC has ready an annual survey of it members to establish their prime considerations and points affecting resort funding. This survey ends in the “LIIC High Ten” – a highly-regarded profile of funding sentiment and attitudes for the lodging business for the forthcoming 12 months.
This 12 months’s survey was compiled by LIIC’s co-chairman, Michael Cahill. Mr. Cahill is president and founding father of HREC – Hospitality Actual Property Counselors, a number one nationwide resort and on line casino advisory and brokerage agency specializing in lodging property gross sales, debt refinancing, consulting, and litigation assist.
LIIC serves because the main business suppose tank servicing the hospitality enterprise.
LIIC High Ten
This 12 months’s LIIC recognized and supplied perception on these ten parts affecting resort funding. They’re listed in reverse order of significance to the LIIC members. Click on right here to obtain the 2024 LIIC High Ten full presentation.
- Lodge Guestroom Demand
- New Lodge Improvement
- The place NOT to Purchase a Lodge, and The place to Purchase a Lodge
- Lodge Consumers Struggling to Discover Product
- What Do Lodging Buyers Need
- Influence of Inflation
- Influence of Lodge Debt
- Lodge Cap Charges and Transactions Market
- Biggest 4 Threats to Your Lodge Funding
- Lodge Property Funding
General, the report trended towards cautious optimism, particularly for the restoration of company journey and lender exercise.
You’ll be able to obtain the total presentation right here.
That is Jim Butler, creator of www.HotelLawBlog.com and resort lawyer, signing off. Please contact us if you need to debate any points or growth that have an effect on your resort pursuits. We want to see if our expertise would possibly provide help to create worth or keep away from pointless pitfalls. Who’s your resort lawyer?