us hotel sales
U.S. Hotel Sales Kick-Off 2023 With Record-Breaking Pricing in Growing Markets
JLL | February 16, 2023
Investors believe long-term growth trends will outweigh near-term capital markets headwinds CHICAGO, Feb. 16, 2023 – Despite a slowdown in sales in the second half of 2022 due to dislocation in the debt markets, hotel investors have kicked off 2023 with record sales for quality assets in highly desirable and growing markets. A recent example of these transactions includes the sale of the Diplomat Beach Resort in Hollywood, Florida, which was the third-largest single-asset sale in U.S. history. In addition, the recent closing of the AC Hotel Phoenix Biltmore set a record price-per-key for upscale select-service assets in the Phoenix mark...
How Government Loan Assistance Has Helped Prop Up Hotel Profitability
HotStats | July 28, 2020
The tidal wave of COVID-19 has left many in the hotel industry gasping for air amid choppy financial waters. Luckily, governments across the globe have tossed hotels a much-needed financial floatation device. Unfortunately, keeping government loan assistance straight can be tough, especially if you’re trying to keep a hotel running or investments profitable. Wondering how government loan assistance is helping hotels get back on solid financial ground? We’ve mapped out how governments across the globe are using funding to jump-start hotel profitability. How Has Government Assistance Helped the U.S. Hotel Industry...
LW Hospitality Advisors Q3 2015 Select Major U.S. Hotel Sales Survey
LW Hospitality Advisors | December 9, 2015
December 9, 2015 - As the U.S. economy enters its sixth year of expansion, and volatility heightens in the public equity markets, the chase for yield is intensifying and expanding the supply of U.S. focused capital. Despite increased caution and continued institutional market discipline, lodging fundamentals remain strong with few markets facing development driven supply issues and room rates well positioned for continued growth through at least 2016. With strong income appreciation and many investors pricing rising interest rate risk into underwriting, the U.S. lodging investment market remains well positioned to absorb controlled mode...
