;

U.S. Hotel Appraisals to Host Third-Annual Hotel and Hospitality Conference in October

Representatives from all corners of the market and mid-tier sectors of the U.S. lodging industry will convene on Thursday, October 18, in downtown Washington, D.C. to explore strategies for moving forward with their hotel ventures.

U.S. Hotel Appraisals will host its third-annual hotel and hospitality conference on Thursday, October 18, at the Embassy Suites Washington, D.C. Convention Center hotel. The conference is dedicated to helping limited- and select-service hotel owners, lenders, investors, managers, and other stakeholders make new connections and plans for realizing goals for their hotels in the coming year.

A focus of the upcoming conference bears on recent trends and projections for performance and values of limited- and select-service hotels, as well as the current market for financing, selling, and buying properties in these asset classes.

“Since last year, we have seen a steady increase in transactions of limited- and select-service
hotels,” said Russ Rivard, Managing Partner of U.S. Hotel Appraisals. “This reason for the improvement in transaction levels can be attributed toward improved lending environment. Easier access to capital appears to be driving this trend, as local community and regional banks, REITs, and Wall Street find interesting and more workable opportunities to invest while interest rates are low and other conditions make the ground fertile for transactions.”

Other topics on the agenda include the potential impact of the upcoming presidential elections on the U.S. hotel market and panel discussions on current trends, opportunities, performance strategies, and market updates for U.S. limited- and select-service hotels.

Speakers at the 2012 U.S. Hotel Appraisals Hospitality Conference include:

C.A. Anderson - Vice President, Development-Cambria Suites, Choice Hotels
Mike Brophy - Director, U.S. Hotel Appraisals
Jerod Byrd – Director, U.S. Hotel Appraisals
Lovell Casiero - Senior Vice President, Sales, Marketing & Client Relations, Crescent Hotels & Resorts
Andrew Coleman - Senior Vice President, Walker & Dunlop
David Goodfriend - President, Goodfriend Government Affairs
Chris Ivy - Executive Vice President, Interstate Hotels & Resorts
Eric Jacobs - Chief Development Officer, Marriott International, Inc.
John J. Koshivos - Vice President of Development, Hilton Worldwide
Mike Marshall - President and CEO, Marshall Hotels & Resorts, Inc
Joseph McCann - President and Principal, Optimum Hotel Brokerage
Joseph A. McInerney, CHA - President & Chief Executive Officer, American Hotel & Lodging Association
David Mumford, CHB - Senior Principal, The Mumford Company
Alkesh R. Patel, CHO - Chairman, Director at Large, Asian American Hotel Owners Association
Russ Rivard - Managing Partner, U.S. Hotel Appraisals
Stacy Silver - President, Silver Hospitality Group
David R Soares - President & CEO, Lexden Capital LLC

The conference is scheduled to run from 1 to 7 p.m. Q&A sessions and networking opportunities will be offered throughout the afternoon, and the conference will conclude with a reception for all speakers, sponsors, and attendees.

Conference sponsors include the Asian American Hotel Owners Association (AAHOA), Choice Hotels International, George Washington University, Hilton Worldwide, Lexden Capital, Marshall Hotels & Resorts, Mumford Company, Optimum Hotel Brokerage, and Walker & Dunlop.

Online registration is $65.00 per attendee. For more information and to register, please visit www.ushaconference.com

Contact:
Jennifer Pope
2601 Sagebrush Drive
Suite 101
Flower Mound, TX 75028
Phone: 972-899-5700, ext. 3332
Fax: 972-899-1057
Email: jpope@ushotelappraisals.com