Topics covered: Wages, Urban markets, Timeshare business decline, Stocks to worry about, Stock picks, RevPAR growth trends, Private equity money, Outlook for Lodging REITs, New supply outlook, M&A Activity, Investor interest, International Markets, Hotel conversions to condos, Hilton/Blackstone deal, energy and property expenses, Economic outlook and the possibility of a recession, Debt issues, C-Corps hotels