DIVERSITY
218 | Yes, Girls Allowed: More women venturing into hotel investment
DIVERSITY
Who invests money better, men or women?
Fidelity Investments found surprising answers to that question when it surveyed nearly 3,000 people. The group was almost evenly divided between the sexes. Yet only a tenth of women said their investments would outperform men’s.
Meantime, a separate analysis by Fidelity shows women consistently generated larger returns on their investments with the company.
And yet another Fidelity study reveals just a third of women surveyed see themselves as investors and barely one quarter of them say they are comfortable with their knowledge about investing.
Why DO women lack confidence in their ability to make wise investments?
The BIGGEST reason is because women are uninformed, and the reason women are uninformed is because they lack access to opportunities. Specifically, women don’t know how to meet the people and institutions that offer investment options beyond traditional savings methods. That is especially true in commercial real estate investment, and even more real in hotel investment.
In today’s episode, we focus on women steeped in hotel investment and talk about how they are changing the dynamic in favor of female investors. These women are committed to helping women build wealth through hotel ownership.
Featured are Mary Beth Cutshall, who recently founded Amara Capital, a women-only hotel investment platform; Talene Staab, global head of Tru by Hilton and founder of a new women’s advisory council; and Tracy Prigmore, founder of TLTsolutions, which is dedicated to educating women in the basics of real investment and teaching them how to steadily accumulate wealth.
Resources and Links
- Mary Beth Cutshall, founder of Amara Capital
- Talene Staab, global head of Tru by Hilton
- Tracy Prigmore, founder of TLTsolutions
- NABHOOD
- Episode 210 featuring NABHOOD founder Andy Ingraham
- NABHOOD’s annual conference will take place July 24 through 26 at the Miami Marriott Biscayne Bay Hotel in Miami, Florida.
DIVERSITY
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302 | Value Judgment: Hotel asset pricing in COVID-19 age is different from previous recessions
Hotel appraisers and brokers expect distressed assets to come to market as the pandemic recession continues into 2021. Analysts say billions of dollars in private equity are waiting in the wings to acquire hotels underperforming as a result of the coronavirus crisis. But pricing will be different than in previous economic downturns. While a transaction may be distressed, it will not necessarily reflect distress pricing,” said Daniel Lesser of LW Hospitality Advisors. Long Live Lodging explores the state of hotel values as well as what may lie ahead with regard to transactions in 2021 as the spread of COVID-19 continues to stifle lodging performance. This report is part of our ongoing coverage of the coronavirus crisis and its impact on the hospitality industry.
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301 | The Road Warrior Ahead: Business travel will come back ‘with a vengeance,’ say experts
Global business travel is a $1.4 trillion industry. The Global Business Travel Association calculates the coronavirus pandemic in 2020 resulted in a loss of $113 billion in business travel spend in hotels, airlines and other sectors of the travel industry. But all is not lost. GBTA, industry analysts and travel management companies see some green shoots of hope for 2021 as the COVID-19 vaccine rolls out and corporations put some of their people on the road again. This report is part of Long Live Lodging’s ongoing coverage of the coronavirus crisis and its impact on the hospitality industry.