1 rich Libsyn https://www.libsyn.com 90 600 I’m at The Lodging Conference with Greg Friedman, CEO of Peachtree Group, talking about what happens when the cost of money moves faster than the economics of a hotel deal. Greg walks through a hypothetical $25 million loan where annual interest expense jumps from about $1 million to $2 million. Add higher operating costs and the margin for error gets very thin. Owners must drive more revenue, protect NOI and take a much harder look at what an asset is really worth. We also get into the odd split in today’s market: developers face tougher economics while existing owners benefit from less new supply. Higher rates keep changing #HotelInvestment decisions, but Greg still sees opportunity for people who understand the fundamentals and know where to look. Watch this one for a sharper read on hotel values, development and ownership strategy across #Hospitality. Thanks to Unifocus for supporting this podcast. Unifocus: Workforce Management Redefined. Visit unifocus.com. Want the weekly roundup of news, videos, and what you might’ve missed from #NoVacancyNews? Text HOTEL to 66866. No Vacancy Live and No Vacancy News http://novacancy.libsyn.com/podcast <iframe title="Libsyn Player" style="border: none" src="//html5-player.libsyn.com/embed/episode/id/43222513/height/90/theme/custom/thumbnail/yes/direction/forward/render-playlist/no/custom-color/88AA3C/" height="90" width="600" scrolling="no" allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen></iframe> https://assets.libsyn.com/secure/item/43222513