Transaction Volume Moves Higher. Earnings Are Robust

Lodging Econometrics | August 10, 2015

August 10, 2015 - PORTSMOUTH, NH - Hotel transaction volume increased modestly in the first half of 2015 as privately held equity funds and hotel companies continued their disposition strategies. For 1H 2015 transactions and property transfers trended upward to 807 hotels caused by a substantial increase in portfolio sales. Single-asset transactions actually declined for the period and there was no M&A activity recorded. Investors are basking in the fifth consecutive year of double-digit earnings growth and although the rate of growth is slowing. They do not foresee a top-out of earnings for a least another two to three years. Howe...