Risman Discusses Perils of Hotel Sector for High-Net-Worth Investors

Partner Cliff Risman is quoted in an article for National Real Estate Investor, “Hotels Might Be a Good Bet for HNW Investors, But Which Types Should They Focus On? ” about which segments of the hotel sector hold the most potential for strong risk-adjusted yields.

Risman said high-net-worth investors should proceed with caution when investing in the hotel field. Unlike an office building or a warehouse, a hotel is a business with employees, inventory and other concerns, he noted.

“High-net-worth investors who jump into a hotel deal because they think it’s sexy, or because they like having dinner there, many times go away licking their wounds,” he said. “It’s a complicated business.”