They're coming.
The Meet the Money conference is coming up in LA.
Who will be there?
Well, according to Jim Butler,
"We expect attendees at this year’s conference to fall into two distinct categories. There will be investors with cash who are gearing up for an active acquisition run over the next several years."
On the sell side, he expects,
"troubled hotel owners who are seeking ways to work through these unprecedented economic times"
Yep, there are plenty of those around.
And, of course, the bankers. There must be bankers.
Troubled owners and investors with cash must have some bankers on hand.
“Rounding out the group will be representatives from dozens of banks, institutional lenders and private investors who will update attendees on the availability of capital."
What could possibly go wrong?
After all, as Jim says,
"This will be a period of both tremendous opportunities and a tremendous amount of pain."
I think we all know who is going to be in which category there.
