‘Funky money’ key to get boutiques off the ground

Oct 24, 2011 |

MIAMI BEACH, Florida—Securing “funky money,” assembling the right team and envisioning a location that can be developed to create jobs are key to a successful adaptive-reuse hotel, according to a 20 October panel at the third annual Lifestyle/Boutique Hotel Development Conference.(+) Read Full Version

Featured: Michael Kitchen | Paramount Lodging Advisors

Hoteliers: keep your eye on the prize

Jul 27, 2011 |

It’s better if you don’t look right now. Avoid the urge to stop and turn to see what’s bustling in the hedgerow. It’s OK to peek, but the focus should be ahead on the things you can control.
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Featured: Sanjeev Misra | Paramount Lodging Advisors

MLIS 2011: A Convention of Lodging Optimists

Jul 25, 2011 |

Last week’s Midwest Lodging Investors Summit was a watershed event in the hotel business. It was the first industry-wide conference since 2007 in which the prevailing sentiment was overwhelmingly one of optimism. Not wishful thinking; not a wing and prayer; but honest and fact-based belief the worst of the industry’s bad times are behind us and plentiful opportunities are ahead for buyers, sellers, operators and even developers.

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Paramount Lodging Advisor Senior Managing Director Sanjeev Misra(+) Read Full Version

Featured: Sanjeev Misra | Paramount Lodging Advisors

Kevin Down says Paramount hopes to capitalize on hotel foreclosures in Chicago

Apr 05, 2010 |

At YREP's spring networking at District Bar in River North Thursday, we snapped LAZ Parking's Andrew Carlson, RML Capital's Michael Heaney, and Paramount Lodging Advisors' Kevin Down. Andrew says he’s working on a presentation for a 900-car garage in downtown St. Louis. Kevin says Paramount hopes to capitalize by making lemonade out of upcoming hotel foreclosures in Chicago.

Published in Biznow.com on April 5, 2010.

Featured: Kevin Down

Opportunities in the Chicago Hotel Market Explored

Feb 26, 2010 |

”The downtown Chicago market has been impacted heavily by the macro-economic factors affecting the entire country as well as supply growth leading up to the downturn in 2008. Independent and boutique hotels have experienced less of a decline in occupancy than their branded competition but have suffered much greater declines in rate. Our panelists gave us real-world examples of how the declines in revenue their hotels have experienced have impacted their ability to maintain capital expenditure budgets at the levels normally expected by the brands as well as the traveling public”

- Mark Heisler
Managing Director, Paramount Lodging Advisors

Published in Hotel World Network on March 1, 2010.

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