In This Issue

The Silver Perspective   

It's exciting to be entering another fall season action-packed with busy travel opportunities. And I know we all are keeping an eye on the year end of 2016 already. But I want to talk about another end too. It's one that we've all been contemplating exhaustively and comprehensively. When is the end coming for this cyclical hotel upswing? One thing I can tell you with certainty is that it will not be due to an oversupply in the market. I heartily agree with Hotel News Now editor Jack Corgel that there are strong reasons why, in the immediate future, oversupply won't be the downfall of our industry. Basically we got started late with construction and coupled now with the high cost of building and the overall limited suppliers of funding (with stricter lending restrictions), we find ourselves  in a trough next to other periods of high growth building. That puts us in an immediate advantage of not making the same mistake of the past. There are also no big incentives from the government that would help real estate investors depreciate their investments in land improvements over a long period of time. That was a big motivator that we don't see today. Finally, demand for rooms continues to grow and grow faster than supply is being created. This leads to a somewhat peaceful harmony for the immediate future and bodes well for the cycle continuation. So, let's keep enjoying the ride and look forward to a stable rest of the year.  

The 4th Revenue Strategy Summit (RSS) surpassed all expectations!

Attendees and sponsors were treated to an event full of engaging speakers, powerful and timely topics dedicated to the issues that matter right now and essential time to network. This year's event was the next succession in sharing valuable perspective on revenue strategy while addressing revenue data, marketing and technology.

If you weren't able to join us or want to see some key highlights, see the coverage below by the industry press: 

Keeping the Lights on- onefinestay Founder Marsh Details Unique Business Model; Future Trends

See you at the 22nd Lodging Conference Coming up! 

September 26th-29th, Arizona Biltmore Resort and Spa

I hope you'll be able to join the thousands of hotel leaders at the upcoming Lodging Conference in Arizona.

I'll be moderating a very insightful session "Managing the Relationship Between Asset Manager, Management Company, Flag and Owner.
Tuesday, September 27th from 1:45PM-3:00PM.

My panelists include:
James Carroll,  President & CEO,  Crestline Hotels & Resorts
Randy Hassen,  President, Hotel Management,  McKibbon Hospitality
Robert Hayward,  Senior Vice President,  CHMWarnick
David Marvin,  Founder & President,  Legacy Ventures
Kirby D. Payne, CHA,  President,  HVS Hotel Management, HVS Asset Management - Newport

It will be a session you can't miss! Also, if you want to meet at the conference, let's set up a convenient meeting time and have a face to face discussion. I'd like to help you capitalize on great business opportunities before the year ends!

You can reach me via e-mail to schedule a time to meet.