2015 Marks Record High in Hotel Selling Prices

    There’s no question that 2015 was a great year for the lodging industry, and, as year-end numbers start to roll in, analysts are starting to see just how good it was. According to Lodging Econometrics, the average selling price per room reached a record high of $162,781, for the 1,117 hotels that publicly reported a selling price. This number is greatly influenced by six particular transactions where the hotels were sold for more than $1 million per room.