Presented by the School of Hotel Administration at the Cornell SC Johnson College of Business, this one-hour webinar will address the macroeconomic and industry-specific factors shaping the 2019 hospitality development climate. Join Cornell Associate Professor Jan deRoos for a lively panel discussion and audience Q&A with leading consultants, brokers and developers on such topics as:
–Hotel valuations
–Merger and acquisition activity
–Development pipeline outlook
–Debt and equity climate
Expert panelists include:
M&A expert Gilda Perez-Alvarado, Americas CEO, Hotels & Hospitality for the Americas, JLL. The firm has facilitated US$24.5 billion in cross-border hotel sales over the past five years. Her high-profile transactions include the Intercontinental Porto, The Plaza Hotel New York, Fairmont Copley Plaza Boston and St. Regis San Franciso, among others.
Valuation expert Suzanne Mellen, senior managing director – practice leader, HVS, San Frncisco. Mellen has appraised thousands of hotels, gaming ssets, and related relal estate througout the world. In 2012 adn 2013, she led the valuation of several high-profile, multibillion-dollar hotel portfolios. She also has expertise in the valuaton of casinos, and recently tesified as an expert witness in one of the nation’s largst casino property tax cases.
Developer and REIT CEO Jay H. Shah of Hersha Hospitality Trust, Philadelphia. Jay is involved in all areas of the budinesss with a particular emphasis on stategic relationships, capital transactions, asset management and acquisitions. Hersha’s 49 hotels totaling 7,666 rooms are located in New York, Washington, DC, Boston, Piladlphia, Miami and select markets on the West Coast.
Moderator Jan A. deRoos is the HVS Professor of Hotel Finance and Real Estate at the Cornell SC Johnson College of Business. He has devoted his career to teaching and research related to hospitality real estate, with a focus on the valuation, financing, development and control of lodging, timeshare and restaurant assets.
Register today to watch the webinar live, or access the program recording on-demand within 48 hours of the event.
Can’t attend live? No problem! Your registration fee includes access to the webinar’s recording on-demand.
