Skip to content

Search

Latest Stories

LendingCon 2024 scheduled for August

This is the fourth year for the conference focused on hotel financing

LendingCon 2024 scheduled for August

LENDINGCON 2024 CONFERENCE, the fourth of the series, is scheduled for Aug. 7 to 8 at the Rosen Centre in Orlando. The theme this year is “Shaping the Future of Lending” and will feature keynote speeches from industry experts, panel discussions on emerging lending models, breakout sessions on technological advancements and networking opportunities with other professionals.

More than 600 people attended last year’s LendingCon, which focuses on hotel financing, in the same location. Jan Gautam, president and CEO of IHRMC Hotels & Resorts and founder of LendingCon, said he expects this year’s conference to follow suit.


“We are thrilled with the overwhelming response and success of LendingCon 2023,” Gautam said. “The event provided a unique platform for industry leaders to come together, exchange ideas and shape the future of lending. The level of engagement and enthusiasm demonstrated by our attendees was truly inspiring.”

Gautam said he created the conference to provide focus on hotel lending and finance not provided by other industry events. Attendees include professionals from commercial banks, fintech companies, credit unions, regulatory bodies, investors, developers, consultants and policy makers.

“This is a conference for hoteliers designed by hoteliers,” Gautam said.

This year’s keynote speakers have not yet been announced. Last year’s speakers includedU.S. Congressman Bill Posey, who serves on the House Financial Services Committee, and Florida Congressman Darren Soto.

Jan’s daughter Adrianna Gautam, IHRMC’s director of public relations, missed the first LendingCon because she as still in college, but she’s attended the past two. It’s grown from around 200 attendees to more than 700 in that time.

“It’s grown so much over the past three years. But just to see the amount of vendors and the attendees, I see new faces every year. It’s beautiful to see a community come together and in discuss hospitality, financing, lending, technology and operations,” Adrianna said. “We just wanted to provide a space where people can come together and learn about lending, operating a hotel, the statistics and just being able to understand having a property and being able to manage and own that properly.”

More for you

CBRE: US Hotel RevPAR to Grow 1.3 Percent in 2025

CBRE: RevPAR to grow 1.3 percent in 2025

U.S. HOTEL REVPAR is expected to grow 1.3 percent in 2025, supported by urban markets from group and business travel and increased demand for drive-to and regional leisure destinations, according to CBRE. Occupancy is forecast to rise 14 basis points and ADR 1.2 percent year-over-year.

This represents slower growth than CBRE’s February forecast, which projected 2 percent RevPAR growth based on a 21-basis-point increase in occupancy and a 1.6 percent rise in ADR, the commercial real estate and investment firm said.

Keep ReadingShow less
Palette Hotels to Transform DoubleTree by Hilton in Washington, PA

Palette to manage Washington, PA, DoubleTree

Palette’s Expertise in Hospitality Management

SUNRISE GOLD HOSPITALITY recently selected Palette Hotels to manage its 140-room DoubleTree by Hilton Washington Meadow Lands Casino Area in Washington, Pennsylvania. Palette will oversee renovations, including Hilton Connected Rooms technology upgrades, new signage, landscaping, building systems and updates to the lobby, guestrooms, bathrooms, meeting spaces, restaurant, bar and lounge.

Sunrise Gold Hospitality is led by owner Ramesh Pandya, and Palette Hotels by Founder and CEO Richard Lou.

Keep ReadingShow less