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Meet the Cash Unveils ‘The Lodging Business Funding Council Prime 10 Developments for 2024’ – By Jim Butler
Yesterday at JMBM’s Meet the Cash nationwide lodge finance convention, The Lodging Business Funding Council launched its much-anticipated LIIC Prime Ten – the 2024 replace of its an annual survey of funding sentiment survey.
LIIC — The lodging business assume tank
The members of LIIC symbolize the acquisition and disposition management of greater than $60 billion in lodging actual property. LIIC members comprise a number of the hospitality business’s most influential buyers, lenders, company actual property executives, REITs, public lodge firms, brokers, and advisors.
For nearly 20 years, LIIC has ready an annual survey of it members to determine their high considerations and points affecting lodge funding. This survey ends in the “LIIC Prime 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 lodge 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 assume tank servicing the hospitality enterprise.
LIIC Prime Ten
This 12 months’s LIIC recognized and offered perception on these ten parts affecting lodge funding. They’re listed in reverse order of significance to the LIIC members. Click on right here to obtain the 2024 LIIC Prime Ten full presentation.
- Resort Guestroom Demand
- New Resort Improvement
- The place NOT to Purchase a Resort, and The place to Purchase a Resort
- Resort Consumers Struggling to Discover Product
- What Do Lodging Traders Need
- Affect of Inflation
- Affect of Resort Debt
- Resort Cap Charges and Transactions Market
- Biggest 4 Threats to Your Resort Funding
- Resort Property Funding
General, the report trended towards cautious optimism, particularly for the restoration of company journey and lender exercise.
You possibly can obtain the total presentation right here.
That is Jim Butler, creator of www.HotelLawBlog.com and lodge lawyer, signing off. Please contact us if you want to debate any points or growth that have an effect on your lodge pursuits. We want to see if our expertise would possibly make it easier to create worth or keep away from pointless pitfalls. Who’s your lodge lawyer?
