The survey includes 133 single asset sale transactions that totaled roughly $5.3 billion and included approximately 21,200 hotel rooms with an average sale price per room of $248,000.
A comprehensive report recently published by LW Hospitality Advisors tells the story: in the first quarter of last year hotel sales transactions above the $10 million mark represented 31 single asset sales transactions and some 17,000 individual hotel rooms.
Glenn is back from the Hunter Hotel Investment Conference so we have Evan Weiss from LWHA Advisors on to talk about getting deals done. A lot has happened over the last two years. What does the future look like for opportunity?
Lodging industry veteran Hans Bruland has joined LWHA's Asset Management Group senior leadership team.
While the influence of rising inflation and interest rates create new challenges for the lodging industry, during the near term, investment in U.S. hotel property is anticipated to remain desirable and at attractive valuations.
Underscored by the strength of room rates, copious amounts of leisure patronage and rebounding group business, the pace of travel recovery has been robust.
Join Founder and CEO of 1st Service Solutions, Ann Hambly, and Daniel Lesser, President & CEO of LW Hospitality Advisors while they discuss the 3 silos of business in the lodging sector. Dan has extensive knowledge and experience in the industry working with hospitality for over 30 years now.
Panelists from different sectors of the hotel and lodging industry will discuss key headline and game-changing transactions over the past 18 months, with commentary from industry financial advisors and stock analysts.
Daniel Lesser presented an update on the lodging industry at the 9th Annual GF Hospitality Forum.
While business forecasting will always be critical to making well-founded decisions, it is important to be cognizant that predicting the unpredictable is to some extent a crapshoot, and that accurate forecasting is based in part on science and luck.