Meet the Money Conference Set for May 6

0 Members and 1 Guest are viewing this topic.

Newshound

  • Guest
Meet the Money Conference Set for May 6
« on: March 12, 2004, 16:35:26 »
Meet the Money Conference Set for May 6, Forecasts Record Attendance as Hotel Economy Rebounds

More than 450 Participants Expected at 14th Annual Conference on Hotel Lending Trends.

Officials for Meet the Money(R), the hotel industry's only one-day conference that provides up-to-the-minute information on industry and lending trends, announced that its 14th annual event will be held Thursday, May 6, at the Sheraton Gateway LA Airport Hotel.

"With the hotel industry in the early stages of recovery, demand for loans has accelerated significantly," said Jim Butler, conference founder and Chairman of the Global Hospitality Group in the law firm, Jeffer Mangels Butler & Marmaro LLP (JMBM). "We already have signed a record number of Conference sponsors and expect that attendance will exceed 450, also a record for the conference."

Butler said participants include specialists in hotel development, mezzanine, CMBS lending, as well as developers, owners, operators and related hospitality consultants. "The rebounding economy, an increase in the number of hotel transactions coming to market and heightened interest in development all are influencing interest in this year's event. "We will have more than 30 lenders at the conference and 15 times as many people interested in what they have to say and offer," he said.

"We are entering the high season for hotel transactions, as well as increasing interest in development in this phase of the real estate cycle," Butler said. "While it is difficult to accurately estimate the actual lending capacity that will be represented at this year's Meet the Money, it is safe to say that it will be well in excess of $10 billion."

More than 80 speakers will make presentations or participate in timely panel discussions, ranging from hotel operating trends to hotel mezzanine financing to CMBS lending trends. Timeshare issues will be discussed for the first time at the 2004 Meet the Money Conference. Among the key speakers at the event will be Mark Lomanno, President of Smith Travel Research.

The one-day event kicks-off at 7:45 a.m. and concludes at 5:30 p.m. with a Dealmakers Forum and Reception, at which lenders and borrowers will have an opportunity to meet face-to-face and exchange ideas and business proposals in an informal setting.

Early registration is $350. Additional information may be found at the Conference's Web site, www.MeetTheMoney.com, or by calling (310) 785-6707.

Meet the Money, founded by Jim Butler in 1990, is the hotel industry's only one-day conference that focuses on hotel-related lending issues and financing trends and policies. In addition, the Conference provides a venue for lenders and potential borrowers to meet in a casual, networking atmosphere.