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William Sipple

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Views From the North American Hotel Investment Conference

At last week’s North American Hotel Investment Conference (NATHIC), held Nov. 20-22 at the Hyatt Chicago Magnificent Mile in Chicago, Ill., I had the chance to listen to and be part of discussions about...

Readying Your Hotel for Sale

With transaction volumes in early 2013 50 percent ahead of the level in early 2012, many owners today are asking themselves if this is the right time to sell. They see very low cost...

Inside Finance: Takeaways from The Lodging Conference

Anyone recently attending The Lodging Conference in Phoenix had a great opportunity to take the temperature of the Lodging Industry. Although there were probably few or no radical epiphanies, there were a number of...

Inside Financing: Filling the Cap Stack Gap

Putting together a hotel capital stack can be like assembling a puzzle with moving parts that must come together simultaneously. Even with great availability of low cost senior debt today, we still see a...

Inside Financing: Underwriting Your PIP

Ask any hotelier about their experiences with financing and you’ll likely get a mixed-bag of answers, but most will point out that hotels remain one of the hardest asset classes to capitalize. To complicate...