The hotel development and redevelopment supply pipeline is robust right now – so will it keep going? We read stories about boutique hotels in hot, new parts of town that seemingly go up overnight but we know it’s not that easy. Hotel development requires extended project teams with industry knowledge, a keen understanding of development goals of cities, along with a crystal ball that helps projects find just the right location. Join us for a discussion with the experts of the lodging scene in Los Angeles to discuss the following questions:
- What are the drivers of demand in Los Angeles and what is the forecast for future demand?
- Is there sufficient hotel stock for LA to be considered a major convention hub?
- How has zoning policy impacted the supply pipeline?
- What can municipalities do to encourage new hotel development?
Bruce Baltin, Senior Vice President, PKF Consulting
Panelists
Mike Gallen, Director of Development, OTO Development, LLC
Alan Epstein, MSD Capital
Channing Henry, Founder, Alma Development