Jim Burba named President of Horwath Hospitality Investment Advisors

Horwath Hospitality Investment Advisors, CEO Joel Hiser today announced that Jim Burba has been named President of the hotel brokerage and advisory firm. Burba will assume his role on February 1, 2004.

"We sought and attracted a person who we truly believe is one of the most highly respected and well qualified executives in our industry. Jim will assume a critical and highly visible role in further expanding our company, which has doubled in size in each of its first two years of operation. We are gearing up for what we believe will be resurgence in investment activity in the hotel industry. Jim will oversee business development, broker recruitment and real estate advisory work, amongst other duties for Horwath Hospitality", Hiser stated.

"His connections and influence in the hotel investment community and past experience with a large international hotel brokerage firm will be invaluable as our firm continues to grow with the accelerating pace of hotel real estate investments. By having Jim in the role of president, we fully expect to achieve our very aggressive strategic plans, which call for positioning Horwath Hospitality as the leader in hotel transactions and advisory services," Hiser added.

Burba most recently served as vice president and worldwide director of advisory services for a leading hotel architecture firm. He will continue as president of Burba Hotel Network (BHN), the organizer of some of the world's most prominent gatherings of the hotel investment industry, including the Americas Lodging Investment Summit (ALIS), which is held in Los Angeles each January.

About his new position, Burba stated, "I am very excited to join Horwath Hospitality Investment Advisors. Horwath has been an outstanding brand in our industry worldwide over the last half century, and one that has had new life breathed into it in here in the U.S. in the past two years. Joel has put together a great team of transactions specialists and advisors. I look forward to building on this strong foundation and establishing Horwath as the most prominent hotel brokerage and advisory group in North America. All indications are that investment interest in our industry is increasing and we look forward to doing our part to help make deals happen." 

Horwath Hospitality Investment Advisors is a full-service hospitality real estate firm with offices in New York, Atlanta, West Palm Beach, Miami, Birmingham, Dallas, San Diego, Los Angeles, Santa Barbara and San Francisco.