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I am privileged to be one of the co-chairs of the Lodging
Industry Investment Council along with Mike Cahill and Sean
Hennessey. This is the hotel industry "think tank" whose
membership owns or operates many billions of hotel investments, and
involves all aspects of the industry.
For most of the last 10 years, we have premiered the release of
The LIIC Top 10 at our annual Meet the Money® conference, and
this year is no different.
What is really neat about this survey, is that it is
"forward looking". It reflects what industry leaders with
billions of dollars of hotel real estate investment are looking at
and what their sentiments are right now!
The Lodging Industry Investment Council -- Hotel
Industry Think Tank
Annually, the members of the hotel's industry's
preeminent think tank, "LIIC - The Lodging Industry Investment
Council", are surveyed to develop a list of the major hotel
investment opportunities and challenges for the coming year. This
exhaustive survey results in the LIIC Top Ten; a highly regarded
profile of investment sentiment and attitudes for the lodging
industry for the forthcoming 12 months.
All together, the members of LIIC represent acquisition and
disposition control of billions of dollars in lodging real estate.
The hospitality industry's most influential investors, lenders,
corporate real estate executives, REIT's, public hotel
companies, brokers and significant lodging equity sources are
represented on the council. LIIC serves as the leading industry
think tank servicing the hospitality business (www.liic.ws).
This year's survey was compiled by LIIC's co-chairman,
Mike Cahill. Mr. Cahill is president and founder of HREC -
Hospitality Real Estate Counselors, a leading international hotel
and casino advisory and brokerage firm specializing in lodging
property sales, debt refinancing, consulting, appraisals and
litigation support. (www.hrec.com).
I want to personally thank Mike Cahill and all of the LIIC
members for this worthy contribution to thought leadership in our
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