The ongoing recovery for U.S. hotel operations also lifted the sales volume for hotel assets in 2021. As lenders and investors became more comfortable with the trajectory of improving demand and revenue per available room (RevPAR), underwriting the next five to 10-year horizon became much easier. This in turn spurred strong interest from buyers who stayed on the sidelines in 2020. For 2021 overall, total sales added up to roughly $48 billion, which is the […]

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