Berquist

There is an actuarial approach known as the Berquist-Sherman method (as described in a paper co-authored by James Berquist and Richard Sherman), which can be used to adjust historical paid losses for these distortions.

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Loan terms are more stringent these days, repayment periods are shorter and developers are more often being asked for personal guarantees, Berquist said.

Marriott joins with Spanish hotel group to launch foreign franchise Danielle Douglas 2010

Loan terms are more stringent these days, repayment periods are shorter and developers are more often being asked for personal guarantees, Berquist said.

Marriott joins with Spanish hotel group to launch foreign franchise Danielle Douglas 2010

Loan terms are more stringent these days, repayment periods are shorter and developers are more often being asked for personal guarantees, Berquist said.

Marriott joins with Spanish hotel group to launch foreign franchise Danielle Douglas 2010

Loan terms are more stringent these days, repayment periods are shorter and developers are more often being asked for personal guarantees, Berquist said.

Marriott joins with Spanish hotel group to launch foreign franchise Danielle Douglas 2010

"There is still tremendous development opportunities outside the U.S., and we see that continuing in Asia Pacific, and somewhat in Europe," Carl T. Berquist, executive vice president and chief financial officer at Marriott, said during a conference call with analysts.

Marriott joins with Spanish hotel group to launch foreign franchise Danielle Douglas 2010

"There is still tremendous development opportunities outside the U.S., and we see that continuing in Asia Pacific, and somewhat in Europe," Carl T. Berquist, executive vice president and chief financial officer at Marriott, said during a conference call with analysts.

Marriott joins with Spanish hotel group to launch foreign franchise Danielle Douglas 2010

"There is still tremendous development opportunities outside the U.S., and we see that continuing in Asia Pacific, and somewhat in Europe," Carl T. Berquist, executive vice president and chief financial officer at Marriott, said during a conference call with analysts.

Marriott joins with Spanish hotel group to launch foreign franchise Danielle Douglas 2010

"There is still tremendous development opportunities outside the U.S., and we see that continuing in Asia Pacific, and somewhat in Europe," Carl T. Berquist, executive vice president and chief financial officer at Marriott, said during a conference call with analysts.

Marriott joins with Spanish hotel group to launch foreign franchise Danielle Douglas 2010

The session was delightful; it began with Daniel Boyarin looking up and down the dais at Amy Hollywood, Stephen Moore, Dale Martin, Serene Jones, Jon Berquist, and me — and saying, I love being on a panels like this.

AKMA’s Random Thoughts 2006