{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"How Higher Interest Rates Are Reshaping Hotel Investment","description":"I\u2019m 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\u2019s 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\u2019ve missed from #NoVacancyNews? Text HOTEL to 66866. ","author_name":"No Vacancy Live and No Vacancy News","author_url":"http:\/\/novacancy.libsyn.com\/podcast","html":"<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>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/item\/43222513"}