Six U.S. Markets with the Most Hotel Sales in 2017

According to analysts at Lodging Econometrics, through the end of 2017, the U.S. markets with the largest number of hotels with selling prices reported into the public domain were:

1. Orlando with 21 hotels and an average selling price per room (ASPR) of $96,402;
2. New York with 19 hotels sold and an ASPR of $426,443;
3. Washington, D.C., also with 19 hotels sold but a lower ASPR of $260,681;
4. Seattle with 15 hotels sold and an ASPR of $236,958;
5. Phoenix, also with 15 hotels sold but an ASPR of $205,265; and
6. Atlanta with 15 hotels sold and an ASPR of $136,321.