Editorial Board   Guest Author

Mr. Dewey

Josias Dewey

Partner, Holland & Knight LLP

Josias N. Dewey is a partner with Holland & Knight LLP and the leader of the firm's Miami Real Estate Practice Group. He is a financial services and real estate attorney and is considered a thought leader on blockchain and distributed ledger technology. He is the co-author of “The Blockchain: A Guide for Legal and Business Professionals,” the first-ever book on blockchain technology and the law.

Mr. Dewey regularly represents a diverse group of banks and other financial institutions, from large international banks to local community banks, as well as insurance companies and investment funds involved in finance transactions. His finance practice encompasses a broad range of asset classes and transaction structures, including real estate financing, healthcare real estate finance and asset-based lending, such as receivable, inventory, equipment and working capital facilities. He has significant experience representing both lead lenders and participant lenders in participations, syndicated transactions and other co-lending arrangements.

Mr. Dewey also is an experienced software developer who has developed workflow applications to speed up the lifecycle of financing and other transactions by reducing the inefficiencies caused by repetitive, process-level tasks.

Mr. Dewey has written and spoken extensively on blockchain, distributed ledger technology and the convergence of tradition human-prose contracts and computer code-based “smart contracts.” He combines his technical understanding with his experience addressing the legal and regulatory issues that surround the use of blockchain in a broad range of applications. As applied to blockchain and distributed ledger technology,.

Mr. Dewey has experience in several substantive areas of the law outside his traditional area of practice. He also is an adjunct professor of law at the University of Miami School of Law, teaching a real estate transactions course where he places heavy emphasis on how technology is changing the way transactions are structured and counterparty risks are allocated.

Please visit http://www.hklaw.com for more information.

Mr. Dewey can be contacted at 305-789-7746 or joe.dewey@hklaw.com

Coming up in October 2020...

Revenue Management: Maximizing Profit

Hotel Revenue Management continues to evolve at a blistering pace. Driven by technological innovation and new distribution channels, there are some dynamic opportunities for expansion in this fast-growing field. The technology is primarily designed to help revenue managers further refine their operations and pricing models to maximize hotel profit. For example, hotels can't be all things to all people, so a key strategy is to precisely identify their target audience. By employing geo-targeting techniques and analyzing behavior such as previous bookings, on-property purchases and online shopping practices, there is an increased capability to define guest demographics. By segmenting customers in more specific ways, hotels are able to create more personalized experiences which, in turn, allow managers to optimize their room rates. It is also an effective way to fulfill the unique needs and preferences of the individual. Another methodology is to consistently monitor the competition's pricing strategies. There are software tools that analyze a competitor's current rates, and then allow a hotel to make its own pricing adjustments. It is also a useful means to conduct forecasting models. Other technologies that are being integrated into a revenue manager's toolkit include Artificial Intelligence in the form of automated algorithms, and Voice Recognition (VR) for data inquiries, rate changes, and booking behavior. Predictive and analytic software programs are also being leveraged to provide more forward-looking data, instead of the usual reliance on historical performance. These metrics allow managers to be more proactive - rather than reactive - with their revenue strategy. The October issue of the Hotel Business Review will examine these developments and report on how some leading hotels are executing their revenue management strategies.