Tag: hotel transactions
COVID-19 Drives U.S. Hotel Transaction Volume Down 74 Percent
BROOMFIELD, Colo. — U.S. hotel transactions declined 74 percent year-over-year from March to May 2020, according to the newly released Hotel Transaction Almanac produced...
Hotel Earnings More Robust as Transactions Increase
The halfway point of 2015 marked further growth for the lodging industry. Hotel transaction volume increased modestly during the first half of 2015 as...
Average Selling Price Per Room on the Rise
The competition for properties in certain markets is heating up among buyers, as REITs and private equity groups with similar strategic objectives compete for...
Northstar and Chatham to Acquire Innkeepers Portfolio
PALM BEACH, Fla.–Cerberus Capital Management and Chatham Lodging Trust reached an agreement to sell their Innkeepers joint venture for $1.3 billion. Northstar Realty will...
Lodging Enters Expansionary Phase of Real Estate Cycle
In 2013, the lodging industry reached an estimated total investment of $21.8 billion, the highest level since 2009. This is expected to accelerate higher...