hotel investment market
European Hotel Investment Market: H1 2020
EHL Hospitality Insights | September 22, 2020
When Warren Buffett’s Berkshire Hathaway sold all of its airline stocks in April, it appeared as an affirmation to some investors that the future of travel was on the rocks – while for others, it reignited discussions on whether the widely respected Orcale of Omaha had ‘lost his touch’. The travel and tourism sector has undoubtedly been facing tumultuous times in the wake of COVID-19, with the International Air Transport Association (IATA) itself announcing that air travel will not recover until 2024. However, it would be hasty to presume that the prospects of hospitality are all doom and gloom. Newly released data from Cushman &am...
Avison Young Announces January and February Closings
Avison Young | February 26, 2020
ATLANTA – February 26, 2020 – Avison Young Hospitality Group announced that the firm has closed 20 hotel transactions during January and February. The property closings ranged from Hilton select service hotels to various other brands located throughout the northeast, upper Midwest, south central and southeast. Most all the hotels are under 200 rooms each and represent the ever changing hospitality investment market. The sellers represented in these transactions range from US investment companies, management companies and overseas investors. The buyers were mostly private investment companies and private family office money with the str...
