Pinnacle Advisory Group, Inc.

Pinnacle had another great semester educating the up-and-coming students at the School of Hospitality Administration at Boston University! Pictured here is Gary Avigne's class on Hospitality Market Feasibility and Valuation. On the last day of the course, students were tasked with presenting comprehensive real-world hotel feasibility studies.

Two weeks ago, Pinnacle Advisory Group, Inc. hosted its fourth annual College and University Hotel Owner Symposium. The subject of this mini conference, attended by academic institutions that own or want to develop and own a hotel and by hotel operators with experience in this industry segment, was to evaluate a range of topics that reflect the unique characteristics of hotels owned by academic institutions. The topics included operating issues affecting top line revenue, various legal items, multi-purpose hotels (conference center, etc.), development and capital planning, and operating issues that affect profitability. I sat on one panel and facilitated three panels, and it was a pleasure and a privilege. Pinnacle Advisory Group, Inc. will be issuing a newsletter within a week or two with much more detail about the symposium.

The “Celebrating Diversity” award represents a very special collaboration of the sponsor of the NYU Hotel investment conference, The AH & AMP; LA Foundation, the International Society of Hospitality Consultants, and the co-editors and authors of the Hotel Investment: Issues & AMP; Perspectives Publication. Rachel Roginsky, ISHC, and Lori Raliegh have served as co-editors and authors for the five editions of the Hotel Investments: Issues and Perspectives publication. Founded in 2022, and all of the royalty proceeds from these books served as seed money for the founding of the award. The purpose of the award is to provide an opportunity for two minority students to attend the NYU Hotel Investment Conference. The 2022 and 2023 awards were given to four accomplished students from Bethune-Cookman University, University of Maryland Eastern Shore, Virginia State University, and North Carolina Central University. The award provides each student with admission to the NYU International Hospitality Industry Investment Conference, lodging, and transportation to NYC. This April, Ms. Roginsky and Ms. Raleigh will be announcing the names of two students who will be selected for the 46th NYU International Hospitality Industry Investment Conference.

To wrap up 2023, Pinnacle Advisory Group is forecasting the top-line revenue for the Boston/Cambridge hospitality market. Here’s our perspective on the City’s lodging market for 2024. Check out the pressroom tab on our website for more information on the Boston/Cambridge lodging market and other featured articles. Chart 1: Year-End Performance Chart 2: Submarket Performance Chart 3: 2024 Projections Chart 4: New Supply

See below for Rachel Roginsky interview with Hotel Online, a premier news site for the hospitality industry, where she discusses her predictions for the 2024 Boston/Cambridge lodging market. https://lnkd.in/eyW4KTb3

Rachel Roginsky, was the lead presenter at NEIRA's Annual Conference. The 2023 Conference was held November 1-3 at the Samoset Resort in Rockport, Maine. The focus of the presentation looked at New England and national lodging trends, Innkeeper and Resort expectations for the coming year, historical data, and lodging outlook.

Thank you Akerman LLP for including Pinnacle's Rachel Roginsky and Gary Avigne in the 1st addition of the Leisure Law Insider. An excerpt can be found below, along with a link to the full article. Ms. Roginsky and Mr. Avigne provide advisory services in all facets of hospitality real estate, including litigation support and expert testimony. https://lnkd.in/eFUyAnBA

We are proud to announce that Rachel Roginsky opened Pinnacle 32 years ago, today! Since 1991, Pinnacle has provided a full range of hospitality consulting services to an extensive client base that includes public agencies, economic development agencies, educational institutions, real estate investment and development firms, pension funds, insurance companies, and other financial institutions. In addition, Pinnacle’s professionals have practical experience as developers, owners, and operators of hotels, offering tangible and relatable strategic guidance to owners and operators. Pinnacle’s reputation among knowledgeable hospitality developers, operators and investors is superior; leading institutions are our clients. Pinnacle is one of the most experienced hospitality consulting firms in the country. 

Congrats ISHC on your 35th annual conference in DC that PAG's Rachel Roginsky and Sarah Villeneuve, ISHC attended last week. Over 125 members took part in the multi-day conference which focused on the future of the hospitality industry.

Rachel Roginsky quoted in the Providence Business News article 'Hospitality Industry Challenged but Resilient Post-Pandemic' on September 13, 2023. Rachel Roginsky presented at the Rhode Island Hospitality Association’s Economic Outlook Breakfast. Her topics included both the national lodging market, as well as the Rhode Island lodging market including discussions on Providence, Warwick, Newport and Middletown. See bellow for the full article. #rhodeisland #hotel #2024market #leisure #business https://lnkd.in/djX7t8M7