Russ Savrann of Sandman Savrann works with HLC to develop intensive hotel metrics and valuation program
Russ Savrann of Sandman Savrann works with Hospitality Law Conference to develop an intensive day of training for lawyers and analysts on hotel industry metrics and valuation methodologies:
Boston, MA, New Haven, CT and Seattle, WA (January 5, 2011) – Russell C. Savrann has been working with The Hospitality Law Conference to develop and host a four hour session at the Hospitality Law Conference in Houston, Texas this February 9-11, 2011. “There is currently no serious education on the business methodology required to anaylize and transact hotel deals outside of the graduate programs of the better hotel schools.’ said Savrann. “Lawyers and analysts should not have to learn on the job the underlying principals and details of hotel investment and valuation including understanding hotel financial statements and how to use key operations reports such as Star Reports.”
“We are pleased that such well known industry leaders have volunteered to teach at the workshop,” Savrann said. Teachers include Michelle Russo (Hotel Asset Value Enhancement), Brian Tress (E&Y) John Merkin (JKM), Anthony Campenelli (Deloitte Financial Advisory Services), Rick Pastarino (RevPAR & Associates), Rachel Rognisky (Pinnacle Advisory), and Al Gallo (Redstone Companies).
Russ Savrann (Sandman Savrann) and Jerry Herman (Heritage Hotels) will be sharing the moderating responsibilities.
Sandman Savrann’s highly regarded hospitality industry counselors lead a team of professionals on the East and West coasts to deliver exceptional, cost-effective, and industry-informed counsel for local, regional, national, and international hotel companies. The firm’s structure includes two associated firms, Rudolph Friedmann in Boston and Vandeberg Johnson & Gandara in Seattle.
Sandman Savrann’s industry counselors are distinguished by their extensive knowledge, experience, contacts, and reputations in the hospitality industry. “Providing narrow, technical legal assistance is no longer enough,” said Sandman. “Hotel companies need counselors who also know the special relationships that exist in the industry, who have extensive contacts within it, and whose reputations are built on trust, loyalty and integrity. Then they can actually help clients create relationships and opportunities and accomplish objectives that otherwise might not be achievable.”
