NORTHWESTERN BRANCH MEETING – Lodging Performance Outlook 2023 Impact of Current Events on Hotel Performance and Values

Notes

TOPIC:

This presentation will address historical and expected performance in the lodging sector, including nationwide as well as top California submarkets. The presentation will also include the latest information on interest rates, cap rates, and discount rates, and how those are affecting hotel values. Other topics will include a discussion on hotel transactions, vacation rentals, new hotel supply, and outlook for the coming year.

SPEAKER: Luigi Major, MAI

Managing Director Luigi Major, MAI, oversees the firm’s Southern California practice and is based in Los Angeles. Since 2007, Luigi has worked on consulting assignments for more than 1,000 hotels and resorts throughout the U.S., Latin America, and the Caribbean, including several large-scale, international hotel portfolios and mixed-use developments. He has experience with all hotel asset classes and specializes in proposed developments. Luigi graduated from the University of Houston’s Conrad N. Hilton College of Hotel and Restaurant Management. He joined the HVS Dallas office in 2007 and has worked with the HVS Mexico City office and the HVS Houston office before relocating in 2018 to Los Angeles to oversee the firm’s Southern California practice. In addition, Luigi has authored numerous articles on the performance trends and dynamics of hotel markets in which he has worked. He is a Designated Member of the Appraisal Institute (MAI) and a state-certified general appraiser.

Cancellation Policy

Up To 15 days prior to program start date, $10.00 cancellation fee.

2 – 14 days prior to program start date, $20.00 cancellation fee.

Less than 2 days prior to program start date, forfeit of payment.

Additional Information

CBRE
400 S. Hope St.

25^th Floor
Los Angeles, CA 90071

Disclaimer Information

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This Educational Program was developed and organized by the Appraisal Institute Chapter offering the Program with the intent of addressing topic(s) of current local interest solely for educational and informational purposes. The Appraisal Institute national organization was not involved in developing or organizing the Program.

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State Credit

Please note that 100% attendance is required in order to receive any approved state credit or to be awarded AI CE points. It is imperative that you check with your state board for state approval information before completing registration.

Other Information

If you have a disability and require accommodation, please notify the sponsor at least two weeks in advance for reasonable accommodations to be arranged.

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