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The Lodging Industry Think Tank 'TOP 10' Investment Trends and Challenges - By Jim Butler, author of www.HotelLawBlog.com |
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Publisher Emeritus
I agree with Kirk. While owners are victim to hype, thereby listing the three brands first, they more often go with what they know best. And IHG has a devoted group that still follows the brand and quite normally considers a HI product first. That's not to say that others have not made inroads but recent product development show us that recent moves by IHG are bearing fruit in most segments. 2007-05-09 Jerry Merkin |
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Buying on thinner margins
As a loan broker, I see alot of deals and I have noticed buyers paying more and more of a premium to acquire hotel properties. A razor thin profit margin makes one more susceptible to changes in the market. 2007-07-13 bill |
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