Hotel Investment Today wants to serve your news and analysis
needs as much as you want to provide great service to your guests.
Welcome to Hotel Investment Today and my next chapter
covering the hotel world after more than 28 years as editor in chief with
HOTELS. It is a welcome change and energizing to create something new and narrowly
niched for the hotel investment community. I only hope it serves you well as we
report, analyze and interpret the news, developments and evolving trends of the
hotel investment world.
Along with The BHN Group President Jeff Higley, Chief
Operating Officer Jonathon Zink and Managing Editor Mary Scoviak – all long-time
collaborator, friends and joys to work with – we launched Hotel Investment
Today last week at ALIS and were very encouraged by the warm reception and
initial support we received. The site is now loaded with content, both ALIS-
and investment trend-driven. If you have not already done so, I encourage you
to go to the home page and subscribe to our thrice-weekly newsletter.
More than anything, we are here to serve your needs with the
utmost editorial integrity. So, please, reach out to me at anytime with questions,
comments, ideas and leads. In fact, if you have a news distribution lists,
please add me at jweinstein@burba.com,
as well as Mary at mscoviak@burba.com.
Never one to be satisfied, the team will always strive to
break more news, get more exclusive interviews, provide great commentary and
thought leadership, and do our best to interpret the news to help you better do
your jobs. If we can do that, I know Hotel Investment Today will serve its purpose
and become a must read.
Having just returned from ALIS, I would describe the mood as
more optimistic than expected. Of course, the comps are easy right now and
there are concerns about macroeconomics headwinds around the corner, but
leadership told me with conviction that business is predominantly better than
expected and with a few exceptions demand is holding up nicely. Consensus for a
soft landing seems to be building momentum.
Of course, getting deals done appears to be more of a
wait-and-see proposition for the moment. But barring a deep recession, insiders
said money is expected to start moving and assets churning within the next few
months. Interest rates are expected to stabilize and perhaps decline toward
fall, which should increase liquidity and appetites to transact.
All of that said, the mood of 2,600-plus registrants was
upbeat, hoteliers and investors were happy to be out and mingling once again,
and all seemed much more akin to pre-COVID expectations. Compare that to a few
years ago and you can’t help but have more pep in your step.
So, please, follow us here, subscribe to the newsletter, and
follow us on LinkedIn as we do what we love—play a role in one of the world’s
oldest and gracious professions, hotelkeeping.