This is an HTML version of an article that ran in Real Estate Forum. To see the story in its original format, click here. Real Estate Forum
PARTICIPANTS
CHAD CRANDELL CHMWarnick Beverly, MA JP FORD Lodging Econometrics Portsmouth, NH RAYNA KATZ ALM Real Estate Media New York City JAMIE LANE CBRE Hotels' Americas Research Atlanta GREGORY T. MOUNT Red Lion Hotels Corp. Spokane, WA CHRIS PFOHL Pyramid Hotel Group Boston
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RAYNA KATZ: Last year, forecasts said 2016 would be when the sector could start falling off. What are you seeing? CHAD CRANDELL: CHRIS PFOHL: JAMIE LANE: JP FORD: PFOHL: CRANDELL: FORD: LANE: KATZ: What do you expect for ADR? LANE: GREGORY MOUNT: LANE: FORD: PFOHL: KATZ: Despite “disciplined” supply growth, and demand remaining strong, some investors fear an oversupply situation. What do you expect? FORD: PFOHL: LANE: CRANDELL: FORD: LANE: PFOHL: KATZ: What kind of projects are you working on? Are particular parts of the country of interest, or are there areas you're shying away from? PFOHL: FORD: PFOHL: KATZ: Transaction activity was down a bit in the first quarter and, in April, investment activity reportedly was down 4%. Cap rates have crept back up, hitting 8.5%. What are you seeing? CRANDELL: LANE: CRANDELL: KATZ: For the next 12 to 18 months, are you net buyers or net sellers, and what's of interest? MOUNT: PFOHL: KATZ: What impact will the recent mergers among major brands have on your business and the broader industry? MOUNT: KATZ: Let's talk about financing. Are you finding it, and from where is it coming? FORD: KATZ: What impact is foreign capital having on the market? PFOHL: CRANDELL: KATZ: Are you concerned about CMBS? CRANDELL: KATZ: Last year we talked about millennials and how hotel brands were working to accommodate them. Is that still happening? MOUNT: KATZ: Are you seeing, or implementing, new products or services? MOUNT: PFOHL: LANE: MOUNT: PFOHL: LANE: MOUNT: LANE: PFOHL: KATZ: What disrupters in product type do you see on the horizon? CRANDELL: MOUNT: PFOHL: CRANDELL: PFOHL: KATZ: At this time next year, what will you say in terms of the year past, and looking ahead? CRANDELL: FORD: This is an HTML version of an article that ran in Real Estate Forum. To see the story in its original format, click here. Real Estate Forum
PARTICIPANTS
CHAD CRANDELL CHMWarnick Beverly, MA JP FORD Lodging Econometrics Portsmouth, NH RAYNA KATZ ALM Real Estate Media
— — — — —
RAYNA KATZ: Last year, forecasts said 2016 would be when the sector could start falling off. What are you seeing? CHAD CRANDELL: CHRIS PFOHL: JAMIE LANE: JP FORD: PFOHL: CRANDELL: FORD: LANE: KATZ: What do you expect for ADR? LANE: GREGORY MOUNT: LANE: FORD: PFOHL:
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