Recent News

Rick George discusses the recent increase in family vacation plans, but at the expense of ADR


Hotel Business speaks to Monty Levy about creation of Atlanta Hospitality Alliance
Mike Cahill moderates discussion on hotel sales' transactions
Mike Cahill speaks with Hotel Interactive about availability of financing for hotel transactions
Hotel News Now speaks to Mike Cahill about uptick in hotel transactions in first quarter 2010
HREC releases the Florida March 2010 Newsletter: A Change is Blowing in the Florida Wind
Hotel News Now speaks to Mike Cahill about the CMBS market
Mike Cahill and LIIC discuss with Hotel & Motel Management the stresses put on hotel transactions by the financial markets
Mark Lukens joins HREC as SVP and Establishes HREC Office in Seattle
Mike Cahill and members of the International Lodging Finance Council (ILFC) discuss the state of lending in the hotel industry
Paul Sexton joins HREC as VP and Establishes new office in Orlando
Mike Cahill offers advice on buying distressed hotels and what to expect in 2010
GlobeSt.com
discusses with Rick George where the opportunities are in the hotel sector and how he is valuing hotels today
Rick George comments on shared profit deals between hotel companies and lenders
Bill Murney comments on the James Hotel in Phoenix, AZ
Hotel News Now speaks to Mike Cahill about the global economies effecting the Dubai World
Mike Cahill projects hotel price stabilization dates
Bill Murney comments on the Wigwam sale price
At the Navigating Troubled Times in the Hotel Industry Conference, Geoff Davis and other panelists predict when we will see steady deal flow again
Geoff Davis speaks with Maria Wood on GlobeSt.TV about distressed hotel loans, acquisition prospects and what signs will point to a lodging recovery

 

Jill Oset Cahill  

 

Manager (HREC Licensing, LLC.)
Denver, CO


 

Employment

  • HREC Licensing, LLC – 2002 to present – Manager – Directs the global branding, marketing and licensing activities for the entire Hospitality Real Estate Counselorssm family of real estate advisory companies.
  • Hospitality Real Estate Counselors, Inc. - 1994 to 2001 - Managing Director - Provides a wide variety of consulting services to the lodging and gaming industries including real estate and business valuations, market and feasibility studies, litigation support and investment analysis.
  • Bank of America, Pleasant Hill, California - 1993 to 1994 - Senior Appraisal Specialist
  • Hospitality Valuation Services (HVS), Mineola, New York - 1986 to 1992 - Senior Associate
  • Ritz-Carlton Hotel, Chicago, Illinois - 1984 - Management Trainee

Professional Designations

State Certified General Real Estate Appraiser (#4600001102) - New York
State Certified General Real Estate Appraiser (#AG019333) - California
State Certified General Real Estate Appraiser (#CG40002226) - Colorado
Appraisal Institute - MAI Candidate


Professional Memberships

Cornell Hotel Society


Education

Northwestern University, Evanston, Illinois
      Bachelor of Arts, English Literature 
Cornell University
      Master of Professional Studies - School of Hotel Administration
Appraisal Institute
      Completed all course work for MAI designation
      Course 1A1 - Real Estate Appraisal Principles
      Course 1A2 - Basic Valuation Procedures
      Course 1BA - Capitalization Theory and Techniques, Part A
      Course 1BB - Capitalization Theory and Techniques, Part B
      Course 2-1- Case Studies in Real Estate Valuation
      Course 2-2 - Report Writing and Valuation Analysis
      Course 2-3 - Standards of Professional Practice
      Understanding Limited Appraisals & Appraisal Reporting Options: General
Annual attendance at lodging and gaming industry related conferences, seminars, lectures and trade shows.


Published Articles

      Lodging Magazine
         
 “Destination: Reno” March 1998
           “The Old Faithful Inn – Yellowstone’s Man-Made Wonder” January 1999
           “The First Snowbirds” April 1999
           “In Grand Style” September 1999
           “Natural Selection” November 1999
           “Silent Witness” March 2000
            “A Pink Property with Blue Blood” April 2000
            “Artistic Advertising” May 2000
            “Niagara Falls” February 2001
            “At Home on the Range” September 2001
            “Grand Canyon Grandeur” March 2002
            “Oscar’s Worthy Performance” June 2002
            “Sky-Top Splendor” December 2002
      Real Estate Workouts & Asset Management 
            “Workout Implications of Hotel Management Contracts” February 1993
      Hotel Valuation Index
            
Economic Area Review and Hotel Valuation Trend Summary for Chicago, IL
      Monograph
            
Productivity Measurement in the Private Sector:  The Hospitality Industry, A Case in Point




Examples of Corporate and Institutional Clients Served

  • AIRCOA
  • American National Bank and Trust Company of Chicago
  • Arthur Anderson
  • Bank of America
  • Belvedere Corporation
  • Boykin Management Company
  • CapStar Hotel Company
  • Carteret Savings Bank
  • Chemical Bank
  • Chrysler Capital Corporation
  • CIGNA
  • Coopers & Lybrand Sigma
  • Days Inns of America
  • Emery Realty
  • Essex Investment Group
  • Friden Hotel Company
  • Greater Capital Corporation
  • Hodges Ward Elliot, Inc.
  • Heb & Gitlin, Attorneys at Law
  • Highpointe Hotels
  • Holiday Inn Worldwide
  • Hospitality Capital Group
  • IBJ Leasing (USA), Inc.
  • Key Bank
  • Liberty Real Estate Corporation
  • Marriot Corporation
  • Metropolitan Life Insurance Company
  • Motels of America
  • Pacific Southwest Bank, FSB
  • PCA Americana Corporation
  • Penton Publishing
  • Polk County, Iowa
  • Regions Bank
  • San Jancinto Savings Association
  • Salomon Brothers Realty Corporation
  • Starwood Capital Group
  • Sumitomo Bank, Limited
  • Texas Commerce Bancshares, Inc.
  • Tollman Hundley Hotels
  • United Inns, Inc.
  • Urban Systems, Inc.
  • VMS Realty, Inc.
  • Zurich Corporation



Lodging and Gaming Facilities Appraised, Analyzed, or Reviewed


Arizona

  • Holiday Inn Sunrise Resort, Scottsdale

California

  • La Quinta, Sacramento
  • Days Inn, Santa Ana
  • Embassy Suites, Santa Clara
  • La Quinta, Stockton
  • Comfort Inn - Old Town, San Diego
  • Red Lion, Costa Mesa

Connecticut

  • Howard Johnson, East Lyme
  • Susse Chalet, Hartford
  • Susse Chalet, Milford
  • Howard, Johnson, Mystic
  • Susse Chalet, Rocky Hill
  • Susse Chalet, Southington
  • Susse Chalet, Wallingford

Colorado

  • Proposed Old Town Guesthouse, Colorado Springs
  • Holiday Inn, Vail
  • Holiday Inn, Summit County
  • Holiday, Boulder
  • Holiday Inn Express, Boulder
  • Embassy Suites, Denver
  • Sheraton Four Points – Airport, Denver
  • Days Inn Sterling
  • Gold Rush Casino Hotel, Cripple Creek
  • Tamarron Hilton, Durango
  • Sleep Inn, Thornton

Florida

  • Residence Inn, Boca Raton
  • Proposed Days Inn, Clearwater
  • Sheraton Sand Key Resort, Clearwater
  • Diplomat Hotel, Hollywood
  • Days Inn, Pinellas Park
  • Residence Inn, Pinellas Park
  • St. Petersburg Hilton, St. Petersburg
  • Proposed Azure Tides Resort, Sarasota
  • Saddlebrook Resort, Tampa
  • Tampa Airport Hilton, Tampa
  • Ramada West, Jacksonville
  • Holiday Inn Surfside, Clearwater Beach
  • Holiday Inn (North), Ft. Lauderdale

Georgia

  • Holiday Inn, Atlanta

Hawaii

  • Hyatt Regency, Maui
  • Westin Kauai Resort, Kalapaki Beach, Lihue

Illinois

  • O'Hare Hilton, Chicago
  • O’Hare Marriott, Chicago
  • Best Inn, Marion
  • Best Inn, Mount Vernon
  • Super 8, Okawville
  • Sheraton O’Hare, Rosemont
  • Embassy Suites, Schaumburg
  • Howard Johnson - O’Hare, Schiller Park
  • Ramada Renaissance, Springfield

Indiana

  • Knights Inn - South Bend, Roseland

Iowa

  • Prairie Meadows Racetrack & Casino, Altoona

Kentucky


  • Holiday, Lexington
  • Proposed Marriott Courtyard, Lexington
  • Knights Inn, Corbin

Louisiana

  • Hampton Inn College Drive, Baton Rouge
  • Hampton Inn Airline Highway, Baton Rouge
  • Proposed Hampton Inn, Lafayette
  • Proposed Hampton Inn, Covington

Maine

  • Susse Chalet, Portland (Exit 8)
  • Susse Chalet, Portland (In-town)

Maryland

  • Proposed Residence Inn, Greenbelt
  • Susse Chalet, Baltimore
  • Susse Chalet - BWI Airport, Baltimore
  • Susse Chalet, Jessup
  • Susse Chalet, Oxon Hill

Massachusetts

  • Susse Chalet, Amesbury
  • Marriott, Andover
  • Susse Chalet, Middleboro
  • Susse Chalet, Newton
  • Susse Chalet, Sekonk
  • Susse Chalet, Tewksbury
  • Susse Chalet, Woburn

Michigan

  • Proposed Days Inn, Warren
  • Proposed Marriott Courtyard, Dearborn

Mississippi

  • Proposed Grand Verdana Casino Hotel, Tunica

Missouri

  • Proposed Kansas City Station Casino and Hotel, Kansas City

Nevada

  • Cashell's Horseshoe Club Casino, Reno
  • Primadonna Hotel and Casino, Jean, Clark County
  • Whiskey Pete's Hotel and Casino, Jean, Clark County
  • Holiday Inn Emerald Springs, Las Vegas

New Hampshire

  • Susse Chalet, Manchester
  • Susse Chalet, Portsmouth
  • Susse Chalet, Salem

New Jersey

  • Proposed Marriott, Park Ridge

New York

  • Proposed Embassy Suites Conference Center, Amherst
  • Wampus Inn, Armonk
  • Proposed Residence Inn, Buffalo
  • Sheraton, Buffalo
  • Quality Inn, Cheektowaga
  • Radisson Hotel & Suites, Cheektowaga
  • Susse Chalet, Colonie (Albany)
  • Susse Chalet, East Greenbush
  • Former Traveler’s Hotel, LaGuardia Airport
  • Proposed Sheraton LaGuardia East Hotel, Flushing
  • Susse Chalet, Spring Valley

North Carolina

  • Residence Inn, Charlotte
  • Proposed Marriot Courtyard, Charlotte
  • Queen City Motel, Charlotte

Ohio

  • Days Inn, Clarion
  • Pittsburgh Airport Hilton Inn
  • Knights Inn, Clarion
  • Holiday Inn Select. Philadelphia
  • Holiday Inn Express, Philadelphia
  • Holiday Inn Independence Mall, Philadelphia

Oregon

  • Super 8, Grants Pass

Rhode Island

  • Susse Chalet, Warwick

Texas

  • Harvey Hotel, Addison
  • Bristol Suites, Dallas
  • Proposed Marriott Courtyard - Stemmons Freeway, Dallas
  • Dallas Grand Hotel, Dallas
  • Holiday Inn Brookhollow, Dallas
  • Harvey Hotel - Dallas/Ft. Worth Airport, Irving
  • Proposed Marriott Courtyard - Northeast, Richardson
  • Proposed Marriott Courtyard, Plano
  • Marriott Hotel, Dallas/Ft. Worth Airport, Irving
  • Holiday Inn, Amarillo
  • Holiday Inn Express, Amarillo

Virginia

  • Marriott, Tysons Corner
  • Govenor's Inn, Williamsburg
  • Motor House and Cascades, Williamsburg
  • Williamsburg Lodge and Conference Center, Williamsburg
  • Williamsburg Inn, Williamsburg
  • Royce Hotel, Williamsburg
  • Williamsburg Hilton and National Conference Center
  • Sheraton Inn, Hampton

Wisconsin

  • Proposed Embassy Suites, Brookfield