February 2, 2009: “Hotel Asset Management: Principles & Practices”, the second edition, was recently published by the Educational Institute of the America Hotel & Lodging Association in collaboration with the Hotel Asset Managers Association (HAMA). Several ISHC members along with the Executive Director of ISHC participated as contributing authors. ISHC members participating as contributing authors include:

Matt Arrants, ISHC, Managing Director, Pinnacle Advisory Group? “Third Party Asset Management for Non traditional Hotel Owners”

Chad Crandell, ISHC,President, Capital Hotel Management, LLC? co?author“Best Practices in Maximizing Food & Beverage Profitability”

Sean Hennessey, ISHC, CEO, Lodging Advisors, LLC.? “Establishing a Hotel Investment Program”

Lori Raleigh, Executive Director ISHC? co?editor and co?author“Evaluating Franchise and Chain Affiliation Programs”

Cliff Riseman, ISHC, Partner, Gardere Wynne Sewell LLP?co?author “A Survey of Significant Legal Issues in Hotel Management Agreements”

A.J. Singh, ISHC,Associate Professor in The School of Hospitality Business at Michigan State University co-editor and co-author “A Current Profile of the Asset Management Profession” and”Lessons from the World’s Largest LEED Certified Hotel: The Palazzo”

Rick Swig, President, ISHC, RSBA & Associates – “Guidelines for Capital Expenditure Decisions”

Copies of the book are available through the Educational Institute at www.ahlaei.org