Consumer >> Analyst Interviews >> November 15, 2012
RevPAR and Pricing Power Rise as Demand Outgrows Lodging Supply
Rod Petrik, Analyst, joined the research team at Stifel Nicolaus & Co., Inc., in connection with the company's acquisition of Legg Mason's Capital Markets Group in December 2005. Mr. Petrik's experience includes public and private debt and equity capital markets transactions, property development and acquisitions, permanent mortgage lending, workouts, real estate dispositions, and strategic and financial advisory assignments. Mr. Petrik has served as Manager of Legg Mason's direct investment group and as Director of Legg Mason Realty Capital, Inc. Before joining Legg Mason, he was an Acquisition and Marketing Associate with PaineWebber Properties, Inc. Mr. Petrik is a Director of two public real estate limited partnerships, one investing in shopping centers and the other in a diversified portfolio of commercial real estate. Mr. Petrik is a member of the National Association of Real Estate Investment Trusts, the Urban Land Institute and the National Multi Housing Council. He has a B.A. and an MBA in finance from Loyola College in Baltimore. Profile
TWST: Please start with a brief overview of your coverage universe.
Mr. Petrik: We focus on lodging, and our lodging coverage grew out of our real estate group. About 15 years ago, we