Hotels these days sell with a lot of runway on their franchise agreements, and incoming owners are more likely to extend the agreement and thereby prolong the revenue stream of the franchisor.
Sometime before the end of this year, Amazon is scheduled to announce the winning city, which is anticipated to include over US$5 billion in construction and as many as 50,000 high-paying jobs.
The pace of hotel deals is up in 2018, and independent hotels are finding their place on the pie chart.
EquityMultiple Director of Investments Jonathan Lesser hosts Jonathan Jaeger of LW Hospitality Advisors at EquityMultiple headquarters to discuss the ins and outs of hotel real estate investing.
The LW Hospitality Advisors (LWHA) Q2 2018 Major US Hotel Sales Survey includes 44 single asset sale transactions over $10 million, none of which are part of a portfolio.
The significant cost of providing hotel shuttles is prompting some hoteliers to reconsider offering the amenity at all, while at other properties, shuttles are a positive revenue driver.
Barring any black swan event(s), the near-term outlook for lodging remains very positive. Domestic and foreign investment, and institutional capital continue to be deployed into single assets and portfolios of all types and locations of US hotels.
U.S. hotel demand may be at record highs, but that doesn’t mean residents in every part of the country are excited to see hotel projects breaking ground in their backyards.
While timeshare companies have historically focused on resort properties, over the past 20 years the demand for urban assets has increased considerably.
Among all of the ancillary services and amenities provided by hotels, parking remains one of the more diverse, location-specific propositions, lacking any kind of “one-size-fits-all” solution.