Lodging Econometrics Introduces A New Growth Solution Program For Companies Looking To Expand Their Portfolios
LE can present every acquisition opportunity available, in any country worldwide, in a comprehensive, easy-to-use desktop application
Lodging Econometrics (“LE”), the global authority for hotel real estate, announced today the introduction of its Acquisition Opportunities Database designed specifically for real estate investors looking to expand their portfolio of hotel assets, whether they are a hotel company, REIT, equity fund or hotel management company.
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This new component of LE’s Growth Solution Programs can identify and present every potential acquisition opportunity available around the world:Â
- Sourced from LE’s global census database, which includes over 50,000 hotels in the US and all other significant hotel assets around the world;
- Can be customized to include just those hotel records that meet their chain scale specifications and can be further sorted by countries and regions of interest;
- Includes complete contact information for the ownership and management groups associated with each hotel, making them immediately actionable;
- Records are consistently refreshed with newly opened hotels added and new owners and managers identified as transactions occur.
 LE President and CEO, Patrick Ford, says the program “Is designed to meet the acquisition needs of our clients, and is tailored for them to take advantage of the fast changing real estate market. Considerable equity is accumulating and needs to be invested. Some owners are beginning to clear unwanted assets from their portfolios. Credit availability will soon loosen. Also, valuations are at cyclical lows. Historically, these are the very conditions that preface a surge in transaction activity. It should be a period of great opportunity for those investors possessing this critical intelligence and are preparing to expand their portfolios. This database program should prove very popular and is likely to become our flagship product.”
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Ford adds, “We live in an age of time crunches and information overload. Our clients have requested a personalized desktop resource to effectively capitalize on the upturn in transaction activity. This is why we are individually customizing each client’s Acquisition Opportunities Database so that they receive only those asset records meeting their particular chain scale specifications. LE’s Database program will speed up their growth efforts and will help clients to participate in some of the greatest real estate appreciation potential available in recent times. It could also produce significant investment savings too. As clients work directly with prospects, they will often be able to avoid competitive bidding situations, which drive selling prices higher and can also lead to lost transactions.”
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Providing the essentials needed to undertake an aggressive growth campaign, LE’s Acquisition Opportunities Database should prove central to anyone looking to expand their portfolios and participate in the valuation upswing this decade. Client companies will have on their desktop a complete survey of all acquisition potential available, customized to meet their chain scale specifications and possess all the necessary contact information for the ownership and management groups, making each opportunity immediately actionable.
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About Lodging Econometrics
With over 30 years of experience, Lodging Econometrics (LE) is the global authority for hotel real estate, with expertise in all facets of lodging, including the Development Pipeline, the census of open and operating hotels and transactions. LE also has compiled contact and portfolio information for all developers, ownership and management groups in every country. Using this expansive global intelligence, LE assists its clients on how to accelerate their expansion objectives by creating customized growth solution programs for:
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- Acquisition Directors and Business Development Officers - Looking to add lodging real estate assets or management contracts to their portfolios or to make other lodging equity investments;
- Franchise Companies - Seeking to expand their brand distribution through both new construction and conversion opportunities;
- Analysts and Consultants - Performing due diligence, and for analyzing particular markets or ownership portfolios.
