(Click on this one...It's very good reading ..)
Opportunities for Public - Private Financing of Hotel Developments
by Catherine De Bono Holmes
We were fortunate to have three leading experts in the field of public-private hotel financing share their experience with us recently on a panel in Los Angeles: Mark Tobin, President of HREC Development Resources, Ray Garfield, principal and founder of Garfield Traub Development, and William ("Bill") Corrado, Director of the Public Financing Department of Citigroup. Mark, Ray and Bill provided a wealth of information for hotel developers, governmental entities and educational institutions about the feasibility and economics of building a hotel using a variety of public and private financing. I am pleased to share with you their insights from the panel discussion, below.
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