Time for another Indie(Graphic) from the Independent Lodging Congress! Here’s a breakdown of hotel investments for Q1 2017.
Things to note:
- Public hotel REITs are back at it, accounting for 25% of the total $4.5 billion transaction volume
- Off-shore investment is still hot. While off-shore investment only accounted for 10% of volume in Q1 2016, that number was doubled Q1 2017 (21%)
- Main markets Public REITs were focused on? Chicago, Seattle, L.A., and Miami.