Hospitality Asset Managers Association (HAMA) Releases Fall 2024 Conference Industry Outlook Survey Results

  

 Sarah Gulla

LA JOLLA, CA —The Hospitality Asset Managers Association (“HAMA”) has announced the results of its Fall 2024 Industry Outlook Survey.  The semi-annual report conveyed the latest opinions, experiences and predictions of nearly 70 hotel asset managers on topics ranging from budget forecasts to management company outlooks.

                Conducted in conjunction with HAMA'S 2024 Annual Fall Meeting that was held in La Jolla, Calif., the results were presented to media live with a concluding Q&A session via online conferencing.  In total, 65 asset managers, comprising approximately one-third of membership, participated in the survey. 

 

                “The overall hospitality industry outlook remains positive from the hotel asset management point of view,” said Sarah Gulla, HAMA president.  “For the most part, our member hotels continue to exceed budgeted forecasts, and there seems to be little fear of a recession on the immediate horizon. 

 

 "While demand and wage increases remain persistent concerns, this is a solid time to be in the hospitality industry.”    

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 Contact:

 

Chris Daly

President

DG Public Relations

(703) 864-5553

chris@dalygray.com

www.dalygray.com

 

Specialty Search International Promotes Jim Coffey to Senior Vice President

Jim Coffey

TAMPA, FL --Specialty Search International (SSI), a premier hospitality recruitment firm for over 35 years, announced industry veteran, Jim Coffey, has been promoted to senior vice president. SSI Managing Partner & Founder Ron Folkman made the announcement.

Ron Folkman

In his new position, Coffey will assume an expanded role with the firm’s digital strategy that will include an upgraded CRM platform and the launch of the firm’s new website. 

 He will continue to have a concentrated focus on recruiting top-tier hospitality executives and leadership talent for branded, boutique and luxury hotels and resorts throughout the U.S.

 

“Jim’s promotion follows his success as vice president since 2022, during which he played a key role in developing innovative solutions to the recruiting challenges that hotel owners and operators faced during the recent labor shortages while also developing new segments for our firm,” said Greg Birkmeier, SSI’s managing partner.

 

Prior to joining SSI, Coffey’s 25 years of hospitality leadership experience included property level, regional level and senior leadership responsibilities.

 

Greg Birkmeier

Most recently, he was senior director of corporate sales with Sonesta International Hotels Corporation, where he provided oversight and direction of Sonesta’s full-service domestic sales operations, including regional sales teams, hotel sales leaders and hotel conversions.

 

About Specialty Search International

 

Specialty Search International (SSI) is a premier executive recruitment firm with specialized expertise in the hospitality and travel industry.  SSI has successfully placed over 3500 hospitality executives, primarily in the luxury and upscale hotel, resort, and private club segments. 

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 Contact:

 

Chris Daly

President

DG Public Relations

(703) 864-5553

chris@dalygray.com

www.dalygray.com

 

KW PROPERTY MANAGEMENT & CONSULTING Expands South Florida Portfolio by Nearly 2,000 Luxury Units

 Katalina Cruz 

MIAMI, FL – KW PROPERTY MANAGEMENT & CONSULTING, a premier Florida-based association management company, has significantly bolstered its South Florida portfolio with five diverse community assignments, spanning luxury condominiums, waterfront properties, and sprawling residential communities.

The company now oversees management of the Bonterra community’s master association in Miramar, Mystic Pointe 200 in Aventura, Mr. C Residences and Cite on the Bay in Miami and Marbella in Surfside.

David Martin

Bonterra’s master association is responsible for the gated community with 858 Mediterranean-inspired residences. The community features an expansive resort-style grand clubhouse, winding walking trails, natural preserves and lakes around the property.

Mystic Pointe 200 is a 31-story, 353-unit waterfront condominium building in Aventura with priceless views of the Intracoastal Waterway, ocean and city.

Mr. C Residences is a brand-new, 256-unit luxury condominium building completed in July 2024 by David Martin’s Terra in Miami’s Coconut Grove. The developer partnered with Maggio Cipriani’s Mr. C on the branded project, which is the first of its kind for the hospitality company. The condos sold out at an impressive rate before the project’s completion.

Maggio Cipriani’

Also in Miami, KWPMC was awarded association management of the 437-unit Cite on the Bay. The mid-rise condominium building fronts Biscayne Bay in the city’s Edgewater neighborhood.

In Surfside, KWPMC now oversees the 88-unit oceanfront condominium building Marbella.

“KWPMC continues to be the go-to association management partner for a wide range of residential communities throughout Florida,” KWPMC President & Co-Founder Katalina Cruz said. “These assignments, from newly completed branded luxury building to sprawling master-planned residential community, reflect our commitment to delivering unmatched service and building lasting relationships with our communities.

"We look forward to further expansion in South Florida and across the state.”

One of the fastest-growing property management companies in the U.S., KWPMC manages more than 100,000 units and employs 2,700 team members.

 Recently, KWPMC was listed among the top 20 largest employers in South Florida. Since its inception, the company has experienced tremendous growth organically.

Contact:

Eric Kalis

Senior Vice President

ekalis@boardroompr.com

C 305-794-5123

O 954-370-8999

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www.kwpmc.com