The International Society of Hospitality Consultants (ISHC) is pleased to announce the availability of the CapEx 2007 report. The report was recently published by the American Hotel & Lodging Educational Institute. The ISHC CapEx report, currently in its third edition in follow up to earlier studies in 1995 and 2000, represents a one-of-a-kind resource in the hospitality industry for tracking capital expenditure trends.

ISHC would like to specially acknowledge and thank its Strategic Partners—the Hospitality Asset Managers Association (HAMA) and the American Hotel & Lodging Education Foundation (AH&LEF), along with the Educational Institute—for their very much appreciated support of the CapEx 2007 project.”

CapEx 2007 presents data on trends in capital expenditures by various hotel segments, including luxury, full service, select service and extended stay. The report offers readers new and informed viewpoints on how capital is spent to maintain competitive positioning, achieve brand standards, and continue the life cycle of hotels. The statistical trends and editorial analysis included in the book make it particularly valuable to hotel owners, hotel operators, and investment analysts. The publication also includes a CD with the contents of the book in PDF format.

CapEx 2007: A Study of Capital Expenditures in the Hotel Industry is available through the American Hotel & Lodging Educational Institute for $99.95 for AH&LA members and $149.95. To order, please contact the Educational Institute directly at 800-752-4567 or 517-372-8800 (outside the U.S. and Canada, call 407-999-8100), or visit www.ei-ahla.org.