Hotels have been devastated by economic turmoil. According to PKF Hospitality Research, for the first eight months of 2009, metro Atlanta hotel occupancy was 54.1 percent. That's down from 62.2 percent during the same time a year earlier. Metrics such as RevPAR (revenue per available room) have been assaulted forcing some hotel owners into foreclosure and requiring drastic cost cuts by hotel management. Come hear from five hospitality superstars and learn where they see the hotel market heading. This enlightening panel discussion will focus on surviving until the economic rebound materializes. Cocktails and hors d'oeuvres will be served.
MODERATOR R. Mark Woodworth, President - PKF Hospitality Research A nationally known figure in the world of hospitality forecasting and analysis PANELISTS Valerie C. Ferguson, Regional Vice President & Managing Director - Loews Hotels Atlanta's new regional executive responsible for the Loews Atlanta Hotel Khalil Johnson, President - Common Sense Consulting Retired COO of the Georgia World Congress Center Authority and Consultant to the National Football League and National Collegiate Athletic Association John Russell, CEO - NYLO Hotels Previously Chairman and CEO Cendant's Hotel Division for 6500 hotels and 7 brands Horst Schulze, Chairman and CEO - West Paces Hotel Group Former Vice-Chairman of the Ritz-Carlton Company LOCATION Ventanas 275 Baker St; 14th Floor Atlanta, Georgia 30313
Wednesday, November 18, 2009 6:00 p.m. - 8:30 p.m.