Hotel & Motel Management - December 10, 2007 - (Page 39)

www.HotelMotel.com/digital_edition HotelMotel.com | H&MM December 10, 2007 News 39 Roundtable Continued from page 4 during the next 12 months. “There isn’t a deal that we’ve been involved in that hasn’t been an investment-grade asset,” Tobin said. “We’re actually seeing more interest in the part of municipalities because the certainty of execution remains strong. Not only that, but we’ve been very fortunate to get lenders—municipal investors—who traditionally had not priced properly construction risk and operating risk into their issuances to do so. It’s tracking much more like a real-estate issue Jeff McKee, managing director, Premier Capital, said lenders’ spreads aren’t going up quickly. these days.” Tobin said the company is involved in projects in Broward County, Fla.; Savannah, Ga.; and Nashville, among others. On the franchising front, Craig Mueller, v.p. of development for InterContinental Hotels Group, said the environment hasn’t had a negative effect on licensing agreements. “We really haven’t seen much of a blip in our interests in pipeline and getting deals signed,” Mueller said. “It’s a function of very optimistic developers that everybody deals with. They’re still inSee Roundtable | page 40 Muzak? Come on get SIRIUS! ONLINE EXTRA! For more company updates from The Lodging Conference, visit www.HotelMotel.com/lodging07. Davidson Hotels stays aggressive Magnuson Hotels grows Richﬁeld Hospitality on the hunt for more RockBridge stays busy Starwood Vacation Ownership’s growth plans Marshall Management keeps true to mission 69 channels from just $24.95 per month. No commercials. No contract. 5/month! Just $19.9 * NYC November 11-13, 2007 Visit us at booth #3265 for show specials! 800.741.AMTC(2682) / www.amtc.com * With 12-month prepaid subscription and purchase of SIRIUSBusiness Equipment Kit. $19.95 for first 6 months, $24.95 thereafter. A copy of this ad must be included with your order to receive discount. CIRCLE NO. 103 CIRCLE NO. 115 Clyde Guinn [above], senior v.p. of operations, Stanford Hotels, and Mike Cahill [below], president, HREC Investment Advisors, both gave input at the Lodging Industry Investment Council roundtable. CIRCLE NO. 120 CIRCLE NO. 124 http://www.HotelMotel.com/digital_edition http://www.HotelMotel.com http://www.HotelMotel.com/lodging07 http://www.mdmcommercial.com http://www.amtc.com http://www.mdmcommercial.com http://www.phonesuite.com http://www.phonesuite.com http://www.sterifab.com

Table of Contents Feed for the Digital Edition of Hotel & Motel Management - December 10, 2007

Table of Contents News Wildfires test hotels' emergency plans LIIC roundtable: Capital available for hotel projects Departments Perspective Letters to the Editor At Your Risk Family Business Matters Sales Clinic On Finance Satisfaction Trends HotelWorld Update Events Trends & Stats Special Report H&MM's "year in review" tackles the top seven in 2007 Transactions Consumer Insight Travelers rank free breakfast high on must-have items Hot Products IH/M&RS Editors' Choice Award winners Construction Spending up, costs steady in construction Design Window treatments Ad/Editorial Index Marketplace Classifieds Checking Out

Hotel & Motel Management - December 10, 2007

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