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Plateau in Hotels a Good News/Bad News Story

NEW YORK CITY—The second quarter lodging metrics tell a story of both resilience and possible upcoming weakness.

Q2 Sales fact sheet Q2 Sales Highlights

 

NEW YORK CITY—Primary US lodging metrics during the first half of 2016 reveal that after five consecutive years of above average increases in occupancy, average daily rate and profits, hotel performance appears to be reaching a plateau. While growth is clearly decelerating, there is also no evidence of a decline in US hotel fundamentals indicating that the current cycle has ended.

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Daniel Lesser

Daniel Lesser

Daniel H. Lesser, President & CEO of LW Hospitality Advisors LLC (LWHA), brings more than 35 years of expertise in a wide range of hospitality operational, investment counseling, valuation, advisory, and transactional services. He provides services to corporate, institutional, and individual clients as well as public agencies on all facets of hospitality real estate including: litigation support and expert testimony, site evaluation, highest and best use analysis, appraisals for mortgage, acquisition, and portfolio management, workout strategies, operational analysis, development consulting, property tax assessment appeal evaluations, economic impact studies, fairness opinions, deal structuring, and negotiation of management and franchise agreements. Mr. Lesser had been retained in connection with a broad variety of lodging assets throughout the Americas, as well as in Europe, the Middle East and Asia.

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