LW Hospitality Advisors Q3 2021 Major Hotel Sales Survey
The recently published LW Hospitality Advisors Q3 2021 Major Hotel Sales Survey by Daniel H. Lesser provides an excellent snapshot of the current opportunities and challenges facing the hotel industry.
“Generally, hotel properties are trading at strong prices as investors look past the below average occupancy rates and generated income which remain below pre-pandemic levels. Investors with long-term horizons are betting that U.S. hotels will once again fill with guests as the recovery from the pandemic continues to unfold. In addition to traditional lodging sector focused investors, first-time hotel buyers are interested in hotels given the record-high pricing in other real estate sub-sectors.”