New ALIS Summer Update to Launch on July 7

In Los Angeles and Via Global Webcast

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. May 18, 2009

MAY 18, 2009 - On July 7, 2009, the Americas Lodging Investment Summit (ALIS) will host the first ALIS Summer Update, a half-day event presenting a mid-year snapshot of the hotel industry's most important investment topics.

Three of the most popular and timely sessions from the 2009 January ALIS event will be brought back to inform delegates about the current state of the industry and the outlook for the investment community, followed by a cocktail/networking reception. Held at the Hyatt Regency Century Plaza in Los Angeles, California, the ALIS Summer Update will also be available to attend via live webcast.

The ALIS Summer Update will feature an update of three of the most important sessions from January: the always popular hotel performance, transactions and capital markets outlook session; the hotel lenders outlook session; and IREFAC - telling it like it is! Each session will review their forecasts and predictions from January, and tell the delegates how these correlate to the present situation. A full program of speakers is available on the ALIS Website.

The Summer Update will be held in association with the planning meeting for the January 2010 ALIS conference. The program planning committee, made up of key sponsors of the annual January conference, will take a recess shortly before the start of the ALIS Summer Update to attend the new event. The committee will utilize the information gleaned from the experts on stage on July 7, to further enhance the program planning for the 2010 event. The ALIS program planning meeting will resume and conclude on July 8.

'With signs of positive economic improvement slowly coming into view, we've designed this mid-year update to be a jumping-off point for investment professionals to evaluate their current portfolios and strategize for action when the market bounces back,' said BHN President and Conference Chair Jim Burba. 'There have been a lot of changes in both the political and economic landscapes since January, and challenging times mean hospitality investment professionals can't wait even six more months for industry information essential to the functioning of their businesses. Inserting this Summer Update into the middle of the prestigious program planning committee process also means that next January's ALIS will have the benefit of even more timely input.'

A unique feature of the ALIS Summer Update is that delegates can participate in two ways: by attending the event in Los Angeles or via a live global webcast. The webcast will remain open for a period of time after July 7. Registered ALIS delegates from the January 2009 event, will receive a discount to attend either way (in person or via webcast).

Registration to attend the ALIS Summer Update as well as view the live webcast is available on the ALIS Website, www.ALISconference.com. Prices range from $200 - $500 depending on method of event attendance, and delegate status. Hotel rooms at the Hyatt Regency Century Plaza are also being held at a discounted rate for ALIS Summer Update attendees.

Next year's annual ALIS event will be held January 25 - 27, 2010, at the Hilton San Diego Bayfront Hotel and will feature a full range of sessions and workshops on topics, including capital markets and finance, owner investments and asset management, development, acquisitions, management and franchising, vacation ownership, international opportunities, and green hotels.

Proceeds from ALIS and ALIS Summer Update benefit the educational, research, and training missions of the American Hotel & Lodging Educational Institute (EI) and the American Hotel & Lodging Education Foundation (AH&LEF), AH&LA's not-for-profit affiliates. For general event information, online registration, and sponsor opportunities, contact Jonathon Zink, BHN conference manager, at [email protected]. For information on the AH&LA, EI, or AH&LEF, visit www.ahla.com. Press can contact Jessica Soklow, AH&LA media relations manager, at [email protected].