tanya pierson
The Impact of COVID-19 on Hotel Values
Anne R. Lloyd-Jones | April 15, 2020
By Anne R. Lloyd-Jones, Suzanne R. Mellen, Tanya J. Pierson The COVID-19 pandemic and the related restrictions on travel, business activity, and individual movement are having an unprecedented impact on our industry and economy. Hotel owners, operators, lenders, and investors are all facing greater challenges than ever anticipated, as they grapple with plummeting occupancy, average rate (ADR), and RevPAR and seek solutions to mitigate the impact on EBITDA. Owners and operators are dealing with the current crisis day-to-day, making hard decisions regarding staffing, continuing or suspending operations, and having difficult conversations w...
Center Stage at ALIS: An HVS Perspective
Tanya J. Pierson | February 6, 2017
By Tanya J. Pierson , Kasia M. Russell , Jessica White The 2017 ALIS conference registered the strongest attendance since 2008, with the theme of "Please Stand By…" reflecting the uncertainty regarding the outlook for the hotel industry at this time. It was also the platform for the introduction of Hilton's newest soft brand, Tapestry by Hilton. And the consensus is… While many were speculative entering the second half of 2016, ALIS attendees were cautiously optimistic about 2017 given recent gains in the stock market and the pro-business focus of the new administration. The industry has experienced a "soft landin...
Five Key Takeaways from Americas Lodging Investment Summit
Tanya J. Pierson | February 10, 2015
By Tanya Pierson, MAI; Brett Russell, and Susan Furbay Presentations and conversations at the 2015 ALIS conference touched on everything from new brands and supply to how falling oil prices, a rising dollar, and stability in the capital markets are affecting prospects for U.S. hotels. The Coming Horizons for U.S. Hotels The U.S. hotel industry stands on solid ground as we enter 2015, and this year's Americas Lodging Investment Summit (ALIS) engendered confidence that the strong performance should carry on well into next year. Beyond that, however, questions remain, and nearly everyone in attendance was concerned with how long this perfo...