Mike Cahill @MikeCahillHREC
CEO & Founder of HREC; hotel/casino real estate investment banker, Cornell Football '84 mikecahill.com Denver, Colorado Joined March 2012-
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Great read on hotel labor and property investment implications from the LIIC - Lodging Industry Investment Council think tank @ALISconference @HNN_Steph @HNN_Bryan @HNN_Sean Hotel Execs Have Mixed Feelings on Labor Outlook costar.com/article/104828…
Honored to be part of the presentation at @CLIC4Hotels for Jim Butler as this year's Lifetime Achievement Award. Jim's intellectual contributions to the world of hotel real estate is deep and enduring.
Great article from the LIIC - Lodging Industry Investment Council think tank at the ALIS Conference @HNN_Bryan @HNN_Steph @HNN_Sean Hotel Experts Predict Demand Shifts, Gauge Inflation's Impact on Room Rates costar.com/article/257513…
2028 predicted to be the peak year for the current hotel transaction market cycle (both volume and pricing) - Lodging Industry Investment Council (LIIC) poll conducted at 2024 ALIS Hotel Conference. @HNN_Sean @HNN_Steph @HNN_Bryan
61% believe hotel property values are currently rising (albeit slightly) per LIIC - Lodging Industry Investment Council poll @ ALIS Conference 2024 - @HNN_Steph @HNN_Sean @HNN_Bryan
Hotel acquisition Cap Rates currently rising, per 84% of LIIC (Lodging Industry Investment Council) members at @LodgingEvent think tank/roundtable hosted by @Hotel_News_Now @HNN_Steph
Honored to have Mr. Ribolow as a member of LIIC - Lodging Industry Investment Council
Honored to have Mr. Ribolow as a member of LIIC - Lodging Industry Investment Council
Superb insight into current hotel investment market from LIIC - Lodging Industry Investment Council @HNN_Sean @HNN_Bryan @Hotel_News_Now Would-Be Hotel Buyers Look for Strategic Sellers costar.com/article/487081…
As chairman of LIIC, passing along article from our thinktank roundtable at NYU conference @HNN_Sean @HNN_Bryan @Hotel_News_Now Hotel Owner-Operators Say Shorter Booking Windows Frustrate Revenue Management, Staffing Plans costar.com/article/886590…
84% of hotel investors forecast that lodging mortgage interest rates will be slightly lower a year from now; per LIIC - Lodging Industry Investment Council at NYU Conf 2023 @HNN_Steph @HNN_Sean @HNN_Bryan
Industry Leaders Say Debt Uncertainty Top Threat to Hotel Investment - costar.com/article/177686… @HNN_Steph @HNN_Dana
Flash: Marriott dual brand hotel $25mm 65% LTV cash-neutral refi 5.75% 5-year fixed Regional bank takes out big bank Locked and funded today
.@edmarinaro played 27 games for @Cornell, from 1969 to 1971. The @cfbhall running back averaged 174.6 rushing yards per game for @BigRed_Football! 💪 #YellCornell 🔴⚪️
Members of the Lodging Industry Investment Council discussed the intricacies of consolidations among hotel brands and management companies, including the need to maintain hands-on support as scale grows. costar.com/article/101767…
Industry Insiders Dissect the 'Urge to Merge' Among Hotel Operators costar.com/article/101767… Valuable insight from LIIC - Lodging Industry Investment Council @HNN_Dana @HNN_Sean
'Rainy and Sunny' Conditions Could Dictate Hotel Deals Market For Rest of Year costar.com/article/169098… @HNN_Dana @HNN_Sean Hotel real estate transactions update from LIIC - Lodging Industry Investment Council
Trinity Investments and Credit Suisse Asset Management have purchased the 1,000-room Diplomat Beach Resort in Hollywood, Florida, for $835 million. Trinity Investments President and CEO Sean Hehir spoke with @HNN_Sean about the deal. costar.com/article/218687…
Relative to total dollar volume, 39% of hotel investors prognosticate that YE 2023 will be flat compared to 2022, 32% say up, 29% down. per LIIC - Lodging Industry Investment Council via @Hotel_News_Now roundtable @ALISconference @HNN_Sean @HNN_Dana @HNN_Bryan
67% of hotel investors believe YE 2023 total amount of lodging transactions will be greater than 2022, 27% anticipate count neutral, 6% down - per LIIC - Lodging Industry Investment Council via @Hotel_News_Now roundtable held @ALISconference; @HNN_Dana @HNN_Sean @HNN @HNN_Bryan
Money and literature make strange bedfellows; neither of them sleeps.
The Secret Hotelier-N.. @secrethotelier1
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5K Followers 1K Following Editorial director at Hotel News Now/STR, now part of CoStar Group. Subscribe to our free Daily Update and Europe, Middle East & Africa newsletters at the link.Noble Investment @NobleInvestment
1K Followers 157 Following Noble is an award-winning real estate investment manager specializing in the travel and hospitality sector. #nobleendeavorsJake Wurzak @JWurzak
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5.3M Followers 210 Following Daily history lessons. Education through memes!The @Hotel_News_Now editorial and design team won seven regional awards in the 2024 Azbee Awards of Excellence program from the American Society of Business Publication Editors (@ASBPE). See more of our award-winning coverage here: bit.ly/4aJJ6xN
In the latest HNN podcast: International brands' interest in India could soon be rewarded, as STR's Jesper Palmqvist says decreasing regulatory hurdles makes growth in the world's most populous country more feasible. bit.ly/3xkNp3X
Take a stroll down memory lane by revisiting The 2023 Top 25 Historic Hotels of America in Film and Television History. ow.ly/aXjQ50QOU8h Tell us- which is your favorite movie starring a Historic Hotel? #AcademyAwards #Oscars #MovieHistory
Congratulations to Jim Butler of JMBM, LLC on becoming the recipient of the California Lodging Investment Conference & [CLIC] Connect Lifetime Achievement Award. Jim has dedicated his career to helping the Hospitality profession, advising and mentoring. Thank you, Jim…
THE INSIDE TRACK. @cornell_mbb outlasts Yale for massive 65-62 win and takes over sole possession of first place in the league standings. The Big Red — who clinched a spot in #IvyMadness tonight — were paced by Isaiah Gray's 18 points. 🌿🏀
From Florida to Washington, brand new hotels across the nation to check out in 2024 trib.al/QYS7Tgn
A @BigRed_Football great!
After years of hospitality with industry giants, Arthur Keith '84 brings his expertise back to Ithaca to lead the beloved Statler Hotel. cornel.ly/47qEsT4
After years of hospitality with industry giants, Arthur Keith '84 brings his expertise back to Ithaca to lead the beloved Statler Hotel. cornel.ly/47qEsT4
Interior view of the Hotel Glenwood in the town of Glenwood Springs (formerly known as Defiance), Colorado, in Garfield County. (circa 1886) digital.denverlibrary.org/digital/collec…
On Friday, we sent an LOI for Preferred Equity on an under-construction Hyatt hotel. Since 2020, we've done 9 Preferred Equity investments. - We can close in less than a month - We a a strategic partner - We don't require current pay - We focus on quality deals and partners
Olivia Friedberg goes coast-to-coast and Antonia Packard cleans it up to knot the score at 2-2 with 5:42 left in regulation. The 20th-ranked @CornellBigRedFH is buzzing. #YellCornell 📺espn.com/espnplus/playe…
The World’s Largest Hotel, Restaurant And Leisure Companies In 2023 trib.al/QycofPw
In today's travel landscape, filled with shiny new resorts and ultra-modern skyscraper hotels, a bit of yesteryear is often welcome. Which historic hotel is your favorite? 10best.com/awards/travel/…
First Hospitality President and CEO David Duncan said there's a lot of reason for optimism with strong hotel operating metrics, but the transactions and development environment are significantly more difficult. Click the link for the full audio interview: bit.ly/3PvTqBS
Nicholas Gray, founder of beloved NYC hot dog chain Gray’s Papaya, dead at 86 trib.al/BB1l5H0
Danny Meyer’s Union Square Hospitality Group created some of New York City’s most beloved and acclaimed restaurants—including Gramercy Tavern, The Modern, Maialino, and Daily Provisions—and, in 2004, the fast-growing restaurant chain, Shake Shack. bit.ly/3ZOtKma
. @Hotel_News_Now is celebrating being named @ASBPE regional and national finalists for editorial awards! Tons of team awards and an individual award to @HNN_Dana for DE&I reporting. We're finalists for now, so stay tuned for full results in a few weeks!
Really cool examples in this story!
Decreasing guest satisfaction in the hospitality industry is one of the symptoms of hotels not having the staff to keep up with consumers’ shifting demands. To alleviate both, hoteliers are leaning on new technology and unique designs to appeal to guests. costar.com/article/136625…
The oldest hotel in the world is The Nishiyama Onsen Keiunkan in Japan and has been in business since 705AD. It has been a family business for 52 generations.
MGM Grand is the world’s largest single hotel building. It just hasn’t met the right one yet. worldrecordacademy.org/2023/2/worlds-…