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Lodging Metrics Continue to Show Growth in Demand

NEW YORK CITY—As the world’s economy strengthens, the outlook for America is bright, evidenced by heightened business and consumer confidence.…

Daniel Lesser

NEW YORK CITY—As the world’s economy strengthens, the outlook for America is bright, evidenced by heightened business and consumer confidence. Today, the US is a Goldilocks economy with GDP growth anticipated to remain between 2% and 3%, unemployment forecast to remain stable, and little evidence of inflation or deflation.  While the Federal Open Market Committee has held the federal funds rate flat, experts expect several small increases through 2019.

Some prognosticators perceive current record setting US stock market indices may indicate exuberance, and a signal of a peak in the business cycle with potential for economic recession ahead.  Much hinges on whether or not the Trump administration is able to complete its tax reform proposal, which promises to simplify the code, make it more business-friendly and provide breaks for the middle class to increase their disposable income.

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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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