{"id":16360,"date":"2023-03-28T09:37:55","date_gmt":"2023-03-28T13:37:55","guid":{"rendered":"https:\/\/www.bu.edu\/hospitality\/?post_type=profile&#038;p=16360"},"modified":"2024-10-03T09:55:26","modified_gmt":"2024-10-03T13:55:26","slug":"chad-sorensen-2","status":"publish","type":"profile","link":"https:\/\/www.bu.edu\/hospitality\/profile\/chad-sorensen-2\/","title":{"rendered":"Chad Sorensen"},"content":{"rendered":"<p>Chad F. Sorensen is Managing Director &amp; Chief Executive Officer with CHMWarnick, the leading provider of hotel asset management and owner advisory services. Chad is Chair Emeritus of the International Society of Hospitality Consultants (\u201cISHC\u201d), an invitation-only society comprised of prominent hospitality consultants from around the world. He serves on the Board of Directors as the incoming President for the Hospitality Asset Managers Association (\u201cHAMA\u201d) and is one of the first designated Certified Hotel Asset Manager (\u201cCHAM\u201d) globally. \u00a0Additionally, has been appointed the American Hotel &amp; Lodging Association (\u201cAHLA\u201d) Investment Roundtable and is on the Hotel Development Council for Urban Land Institute (\u201cULI\u201d).<\/p>\n<p>With over 25 years of experience in hospitality real estate within asset management, advisory services, and leading hospitality organizations, he has become an industry leader in providing best-in-class service for clients ranging from sovereign wealth funds through high net-worth individuals.<\/p>\n<p>Chad is committed to charting the future path of the asset management discipline for the next generation.\u00a0 He is a regular speaker at leading hotel investment conferences around the world and a frequent guest lecturer.\u00a0 Chad is the 4-time Chair of the lodging industry\u2019s preeminent publication on Capital Spending, \u201c<em>ISHC CapEx:\u00a0 A Study of Capital Expenditures in the Hotel Industry.\u201d <\/em>\u00a0\u00a0He is an alum of the Harvard Business School, The University of Illinois Chicago, and Iowa State University.<\/p>\n<p>&nbsp;<\/p>\n<p><strong><div class=\"bu_collapsible_container \" aria-live=\"polite\" data-customize-animation=\"false\"><h2 class=\"bu_collapsible\" aria-expanded=\"false\"tabindex=\"0\" role=\"button\">Courses<\/h2><div class=\"bu_collapsible_section\" style=\"display: none;\"><\/strong><\/p>\n<table>\n<tbody>\n<tr>\n<td>SHA HF 415<\/td>\n<td><span data-contrast=\"auto\" xml:lang=\"EN-US\" lang=\"EN-US\" class=\"TextRun SCXW115656147 BCX0\"><span class=\"NormalTextRun SCXW115656147 BCX0\">Hotel Asset Management<\/span><\/span><\/td>\n<\/tr>\n<tr><\/tr>\n<\/tbody>\n<\/table>\n<p><\/div>\n<\/div>\n<\/p>\n<p><strong><div class=\"bu_collapsible_container \" aria-live=\"polite\" data-customize-animation=\"false\"><h2 class=\"bu_collapsible\" aria-expanded=\"false\"tabindex=\"0\" role=\"button\">Recent News<\/h2><div class=\"bu_collapsible_section\" style=\"display: none;\"><\/strong><\/p>\n<p><a class=\"Hyperlink SCXW197966751 BCX0\" href=\"https:\/\/www.hotelmanagement.net\/asset-management\/hama-unveils-2024-board-directors\" target=\"_blank\" rel=\"noreferrer noopener\"><span data-contrast=\"none\" xml:lang=\"EN-US\" lang=\"EN-US\" class=\"TextRun Underlined SCXW197966751 BCX0\"><span class=\"NormalTextRun SCXW197966751 BCX0\" data-ccp-charstyle=\"Hyperlink\">https:\/\/www.hotelmanagement.net\/asset-management\/hama-unveils-2024-board-directors<\/span><\/span><\/a><span data-contrast=\"auto\" xml:lang=\"EN-US\" lang=\"EN-US\" class=\"TextRun EmptyTextRun SCXW197966751 BCX0\"><\/span><span class=\"LineBreakBlob BlobObject DragDrop SCXW197966751 BCX0\"><span class=\"SCXW197966751 BCX0\">\u00a0<\/span><\/span><\/p>\n<p><span class=\"LineBreakBlob BlobObject DragDrop SCXW197966751 BCX0\"><br class=\"SCXW197966751 BCX0\" \/><\/span><span data-contrast=\"auto\" xml:lang=\"EN-US\" lang=\"EN-US\" class=\"TextRun EmptyTextRun SCXW197966751 BCX0\"><\/span><a class=\"Hyperlink SCXW197966751 BCX0\" href=\"https:\/\/ishc.com\/ishc-debuts-capex-2023-a-study-of-capital-expenditures-in-the-hotel-industry\/\" target=\"_blank\" rel=\"noreferrer noopener\"><span data-contrast=\"none\" xml:lang=\"EN-US\" lang=\"EN-US\" class=\"TextRun Underlined SCXW197966751 BCX0\"><span class=\"NormalTextRun SCXW197966751 BCX0\" data-ccp-charstyle=\"Hyperlink\">https:\/\/ishc.com\/ishc-debuts-capex-2023-a-study-of-capital-expenditures-in-the-hotel-industry\/<\/span><\/span><\/a><span data-contrast=\"auto\" xml:lang=\"EN-US\" lang=\"EN-US\" class=\"TextRun EmptyTextRun SCXW197966751 BCX0\"><\/span><span class=\"LineBreakBlob BlobObject DragDrop SCXW197966751 BCX0\"><span class=\"SCXW197966751 BCX0\">\u00a0<\/span><\/span><\/p>\n<p><span class=\"LineBreakBlob BlobObject DragDrop SCXW197966751 BCX0\"><br class=\"SCXW197966751 BCX0\" \/><\/span><span data-contrast=\"auto\" xml:lang=\"EN-US\" lang=\"EN-US\" class=\"TextRun EmptyTextRun SCXW197966751 BCX0\"><\/span><a class=\"Hyperlink SCXW197966751 BCX0\" href=\"https:\/\/www.costar.com\/article\/436616782\/labor-challenges-continue-to-be-a-hotel-industry-headwind\" target=\"_blank\" rel=\"noreferrer noopener\"><span data-contrast=\"none\" xml:lang=\"EN-US\" lang=\"EN-US\" class=\"TextRun Underlined SCXW197966751 BCX0\"><span class=\"NormalTextRun SCXW197966751 BCX0\" data-ccp-charstyle=\"Hyperlink\">https:\/\/www.costar.com\/article\/436616782\/labor-challenges-continue-to-be-a-hotel-industry-headwind<\/span><\/span><\/a><span data-contrast=\"auto\" xml:lang=\"EN-US\" lang=\"EN-US\" class=\"TextRun EmptyTextRun SCXW197966751 BCX0\"><\/span><span class=\"LineBreakBlob BlobObject DragDrop SCXW197966751 BCX0\"><span class=\"SCXW197966751 BCX0\">\u00a0<\/span><\/span><\/p>\n<p><span class=\"LineBreakBlob BlobObject DragDrop SCXW197966751 BCX0\"><br class=\"SCXW197966751 BCX0\" \/><\/span><span data-contrast=\"auto\" xml:lang=\"EN-US\" lang=\"EN-US\" class=\"TextRun EmptyTextRun SCXW197966751 BCX0\"><\/span><a class=\"Hyperlink SCXW197966751 BCX0\" href=\"https:\/\/www.costar.com\/article\/1207174557\/hotel-lenders-rate-desirability-of-us-markets-on-a-sliding-scale\" target=\"_blank\" rel=\"noreferrer noopener\"><span data-contrast=\"none\" xml:lang=\"EN-US\" lang=\"EN-US\" class=\"TextRun Underlined SCXW197966751 BCX0\"><span class=\"NormalTextRun SCXW197966751 BCX0\" data-ccp-charstyle=\"Hyperlink\">https:\/\/www.costar.com\/article\/1207174557\/hotel-lenders-rate-desirability-of-us-markets-on-a-sliding-scale<\/span><\/span><\/a><span data-contrast=\"auto\" xml:lang=\"EN-US\" lang=\"EN-US\" class=\"TextRun EmptyTextRun SCXW197966751 BCX0\"><\/span><span class=\"LineBreakBlob BlobObject DragDrop SCXW197966751 BCX0\"><span class=\"SCXW197966751 BCX0\">\u00a0<\/span><\/span><\/p>\n<p><span class=\"LineBreakBlob BlobObject DragDrop SCXW197966751 BCX0\"><br class=\"SCXW197966751 BCX0\" \/><\/span><span data-contrast=\"auto\" xml:lang=\"EN-US\" lang=\"EN-US\" class=\"TextRun EmptyTextRun SCXW197966751 BCX0\"><\/span><a class=\"Hyperlink SCXW197966751 BCX0\" href=\"https:\/\/www.hotelmanagement.net\/operate\/hospitality-show-qa-chmwarnicks-chad-sorensen\" target=\"_blank\" rel=\"noreferrer noopener\"><span data-contrast=\"none\" xml:lang=\"EN-US\" lang=\"EN-US\" class=\"TextRun Underlined SCXW197966751 BCX0\"><span class=\"NormalTextRun SCXW197966751 BCX0\" data-ccp-charstyle=\"Hyperlink\">https:\/\/www.hotelmanagement.net\/operate\/hospitality-show-qa-chmwarnicks-chad-sorensen<\/span><\/span><\/a><span data-contrast=\"auto\" xml:lang=\"EN-US\" lang=\"EN-US\" class=\"TextRun EmptyTextRun SCXW197966751 BCX0\"><\/span><span class=\"LineBreakBlob BlobObject DragDrop SCXW197966751 BCX0\"><span class=\"SCXW197966751 BCX0\">\u00a0<\/span><br class=\"SCXW197966751 BCX0\" \/><\/span><span data-contrast=\"auto\" xml:lang=\"EN-US\" lang=\"EN-US\" class=\"TextRun EmptyTextRun SCXW197966751 BCX0\"><\/span><a class=\"Hyperlink SCXW197966751 BCX0\" href=\"https:\/\/www.costar.com\/article\/1304775990\/asset-managers-the-downturn-is-here\" target=\"_blank\" rel=\"noreferrer noopener\"><span data-contrast=\"none\" xml:lang=\"EN-US\" lang=\"EN-US\" class=\"TextRun Underlined SCXW197966751 BCX0\"><span class=\"NormalTextRun SCXW197966751 BCX0\" data-ccp-charstyle=\"Hyperlink\"><\/span><\/span><\/a><\/p>\n<p><a class=\"Hyperlink SCXW197966751 BCX0\" href=\"https:\/\/www.costar.com\/article\/1304775990\/asset-managers-the-downturn-is-here\" target=\"_blank\" rel=\"noreferrer noopener\"><span data-contrast=\"none\" xml:lang=\"EN-US\" lang=\"EN-US\" class=\"TextRun Underlined SCXW197966751 BCX0\"><span class=\"NormalTextRun SCXW197966751 BCX0\" data-ccp-charstyle=\"Hyperlink\">https:\/\/www.costar.com\/article\/1304775990\/asset-managers-the-downturn-is-here<\/span><\/span><\/a><span data-contrast=\"auto\" xml:lang=\"EN-US\" lang=\"EN-US\" class=\"TextRun EmptyTextRun SCXW197966751 BCX0\"><\/span><span class=\"EOP SCXW197966751 BCX0\" 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