Nearly 2,600 delegates convened in Los Angeles in January to attend The Americas Lodging Investment Summit (ALIS), headquartered at the
JW Marriott and
NOKIA Theatre, two anchors of the
L.A. LIVE entertainment district. The Summit, co-hosted by the
American Hotel & Lodging Association and
Burba Hotel Network, was held January 27-29. Security was high at the gathering, which kicked off on Monday the 27
th with pre-conference special sessions for first time attendees, followed by a gala opening night reception.
Delegates ran the gamut from investors, owners, lenders and developers, to financial advisors, lawyers, architects and government tourism officials. Fortunately, included in this mix was Andy Ingraham, co-founder and president/CEO of the
National Association of Hotel Owners, Operators and Developers (NABHOOD), a regular fixture at high profile industry events like ALIS. Ingraham was one of only a handful of African-Americans in attendance at the conference, a picture he is dedicated to changing.
The leading and largest hotel investment conference in the world, ALIS features numerous networking opportunities and an extensive array of seminars and panels by hotel industry experts, who discuss important trends and identify new opportunities for the year ahead.
There was something for everyone at this hotel investment summit that offered four tracks - Acquisitions, Millennial, Ownership and Development - to satisfy every possible interest. Twenty-one breakout sessions covered topics such as Optimizing The Value of Your Hotel,
Management Agreement - Is It Time For Fundamental Changes?,
Refinancing and New Debt, and
Designing Hotels For The Millennial Generation.
Perhaps the most meaningful and unique part of ALIS is its organizational purpose. The hosts of the conference are committed to contributing a significant portion of the net proceeds of the event to educating future leaders in the hospitality industry. Benefiting from the event is the American Hotel & Lodging Educational Foundation (AH&LEF).
Since its inception, ALIS has provided scholarships for 906 students in 105 universities and generated $1.75 million for cutting edge research projects, among other things. |