Despite the snowstorm that hit the Northeast on Tuesday afternoon and delayed many attendees, the mood at the conference was appropriately jovial for such a milestone. Of course, the industry’s record period of growth and ongoing positive outlook certainly contributed to attendees’ optimism. During the opening general session, Bob Hunter, CEO of Hunter Hotel Advisors, noted, “Someone once said, and I agree, ‘Cycles don’t die of old age.’ Just because we have a nice, long upcycle doesn’t mean it’s going to end soon.” He also relayed that 56 percent of the hotel owners attending the conference are looking to develop a hotel in 2018 and 91 percent of owners plan to do some financing activity…..(Click Here for full article)
At the Hunter Hotel Conference debut 30 years ago, the event hosted just 93 attendees. In the three decades hence, the conference has become one of the most well-attended shows in the lodging industry. In fact, this year, the number of speakers—127—surpassed the number of attendees at that very first Hunter Conference.