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Demand Rises in Smaller Markets, Piquing Investor Interest—Marcus & Millichap Q3 Report

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Marcus & Millichap reported a positive outlook for U.S. hotels as confidence remains high among both consumers and business owners. Marcus & Millichap this week released its Q3 2018 National Hospitality Report. According to the report, summer travel is expected to exceed last year's numbers by 6 percent, which is expected to, in turn, continue boosting already high occupancies. The...