Monday, September 28, 2015

Hospitality Asset Managers Association (HAMA) Members Remain Overwhelmingly Upbeat

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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