ATLANTA – March 25, 2021 – Avison Young Hospitality Group announced today that the firm has just closed its 14th hotel transaction of the 2021 year. The closed hotel transactions were across many brand families and located from California through the Midwest and eastern seaboard states. Most of the assets were in the mid-market to upper mid-market tiers.
Keith Thompson said, “We are beginning to see transactions close at the best rate since the start of COVID and it is our expectation that 2021 will be a much stronger investment cycle than the second half of 2020.”