PHOENIX-With the Eurozone crisis, the upcoming election and questions surrounding the Middle East, hospitality industry professionals have to consider how global events can effect their business. And the final day of the Lodging Conference didn’t shy away from this vital topic. The Owners and Lenders panel moderated by ALM Real Estate Media Group’s vice president and group publisher Michael Desiato provided insight into what those at the top are thinking.

Alkesh Patel, 2012 chairman of AAHOA/Trupadi Inc., is intrigued by India, although he admitted it can be complicated to work there. “India has tremendous opportunity, he said, “the way the demand is there, the supply is coming in so slow, they’re not going to catch up for the next 20 years. But it’s really tough in India for anyone to do the projects unless you own capital.”

“In the next four years, we're going to be looking to be doing more expansion in India,” he said.