July 25, 2008
Troubled Condo Hotel Workouts – the Time Has Arrived
The recent collapse of the residential real estate boom has put significant stress on the hotel industry’s fledgling condo hotel segment. Read MoreSeptember 1, 2007
When a Condo Hotel Implosion Appears Imminent, What Can Be Done?
In February 2006, we warned that some borderline and even ill-advised condo hotel projects were being pursued. We asked, if a borderline project is built, how can the owners’ association or the developer (if he is still in the game) help avert an implosion? Read MoreMay 27, 2007
What is a Condo Hotel, Why Does it Work, and Why is it Challenging?
Condo hotels, the industry’s hot new segment, has been given prominent billing at virtually every hotel conference in the past three years. The writing on the subject, however, can seem dense and confusing to the uninitiated. Read MoreMay 1, 2007
Condo Hotels: Three Years into the Concept
Condo hotels have been the industry’s new, hot segment for the past three years. At virtually every hotel conference, the topic has been given prominent billing. Read MoreApril 18, 2007
Troubled Hotels and the Renegotiation of Management Agreements
It was the hotel industry’s “perfect storm”: the bursting tech bubble, a recession, 9-11, the war in Afghanistan, the SARS scare, and the invasion of Iraq. Read MoreMarch 3, 2006
Condo-Hotels: How Developers and Owners’ Associations can Avert a Hotel Implosion
USA Today published a full-page article in its business section entitled “It’s a Hotel. It’s a Condo. No, It’s Both!” Hoteliers and developers are not accustomed to seeing the lodging industry’s business trends make national news in the general press. The USA Today article clearly demonstrates that the condo hotel rage is in full swing. Read MoreFebruary 2, 2006