Lodging Econometrics | December 03, 2015
Dec. 3, 2015 – PORTSMOUTH, NH – Analysts at Lodging Econometrics report that there were 97 Hilton Hampton Inn & Suites sold through the third quarter of 2015, triple the number sold for all of 2014. Hampton Inn & Suites accounts for 45% of all Upper Midscale hotel sales for the first nine months of 2015 with an Average Selling Price Per Room (ASPR) of $117,253, well above the $104,516 average recorded for all Upper Midscale hotels. Hampton Inn & Suites also has 312 projects in the U.S. Hotel Construction Pipeline, representing 20% of all new construction in the Upper Midscale category.
