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| David Hogin |
CHICAGO, IL, Sept. 28,
2015— Officials of the Hospitality Asset Managers Association (“HAMA”) today
announced that their membership remained overwhelmingly upbeat in an informal
survey taken at their recent semi-annual Members Meeting.
More than 130 attendees from six countries
met to review best practices and discuss the future of the discipline at the
Fairmont Chicago Millennium Park hotel.
“The hotel industry is in
the midst of arguably its greatest growth period since STR, Inc. began
recording data in the 1980s,” said Dave
Hogan, president of HAMA.
“As an industry, hotels
have reached their highest recorded occupancy and rates are approaching
historic highs. Some experts have noted,
however, that sales prices are beginning to peak.
This phase of the cycle calls for asset
managers to continue focusing on optimizing returns. These regular HAMA meetings provide members
with cutting edge research and the opportunity to informally exchange ideas
about trends, new techniques and technology.”
For a complete copy of the company’s news release,
please contact:
Chris Daly, media
(703)
435-6293
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