JLL: Hotel Investors Start 2023 With Record Sales
CHICAGO—Despite a slowdown in sales in the second half of 2022 due to dislocation in the debt markets, hotel investors have kicked off 2023 with record sales for assets in growing and desirable markets, according to JLL’s Hotels & Hospitality Group. A recent example of these transactions includes the sale of the Diplomat Beach Resort in Hollywood, Florida, which was the third-largest single-asset sale in U.S. history. In addition, the recent closing of the AC […]
The post JLL: Hotel Investors Start 2023 With Record Sales appeared first on LODGING Magazine.