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January 22 2013

Breaking news and headlines from the Americas Lodging Investment Summit at LA Live in Los Angeles.

ALIS: Leaders talk tech, mobile and government
By Jeff Higley
To remain relevant in consumers’ minds, the hotel industry needs to enhance its technology offerings, including property-management systems, mobile bookings and online distribution, according to executives during ALIS.

Data trackers set optimistic tone for ALIS
By Jason Q. Freed
Five years after the industry’s worst downturn on record, data shows hotels are nearly back to peak performance and metrics are expected to rise for the foreseeable future.

Loews eyes portfolios, singles to fuel growth
By Jeff Higley
Loews Hotels is searching for portfolios and single assets to reach its goal of 50 hotels within three years.

Red Lion reorganizes, adds Leo soft brand
By Jason Q. Freed
The company has divided into three different brands with the goal of helping guests differentiate between the full-service and limited-service product.

Management executives chart challenging 2013
By Patrick Mayock
Executives from some of the country’s largest management companies said they’re expecting good returns during 2013, although there exists plenty of room for improvement.

Resort rebound piques investor interest
By Patrick Mayock
Things are looking up for the resort segment, where demand increases and loosening debt are spurring interest from investors, according to a panel at ALIS.

Franchisors plan to grow, but at what cost?
By Jason Q. Freed
During ALIS, a panel of executives from hotel brands debated the potential for hotel oversaturation, particularly in the U.S.

Executives identify hot US hotel markets
By Patrick Mayock
Executives highlighted performance in some of the country’s hottest hotel markets during a breakout session at last week’s ALIS.

IREFAC closes ALIS with investment insights
By Jason Q. Freed
IREFAC closed ALIS with a candid discussion about popular trends in near-term hotel investment, from financing to hot markets to the overall brand outlook.

Hungry hotel REITs dip toes in value-adds
By Patrick Mayock
With quality urban assets largely picked over, some REITs are expanding beyond their traditional sweet spots to acquire value-add opportunities in major markets.

REITs watch fundamentals, cost of capital rise
By Jason Q. Freed
Some REIT executives during ALIS said it’s a good time to buy while others cited a rising cost of capital as reason to focus investment internally.

CEO ‘dances’ into Extended Stay turnaround
By Patrick Mayock
The struggling ESA chain received a jolt of energy from former Starbucks CEO Jim Donald, who is enacting change through his ambitious DANCE strategic plan.

Creativity spurs growth for Choice’s brands
By Jeff Higley
Led by Steve Joyce’s desire to leverage its balance sheet, Choice Hotels International is expanding the footprints of its brands by adding multiple properties in single deals.

Lowe, Destination connection looks for growth
By Jeff Higley
Lowe Enterprises and its subsidiary Destination Hotels & Resorts are looking to increase the number of hotels in their portfolios by focusing on independent properties in resort and urban locations.



Outlooks and opportunities at ALIS
Hoteliers came to the Americas Lodging Investment Summit ready to talk deals, share outlooks and reflect on the state of the U.S. hotel industry.


Hoteliers combat rising operating costs
During ALIS, hoteliers discussed strategies to help hotel owners and managers combat rising operating costs—particularly labor and distribution—in the current marketplace.































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