Hotel Sales Transaction Volume Increases for 2014
Hotel transaction volume totaled $30 billion for 2014 – a 22 percent increase from 2013, according to HVS Consulting and Valuation (citing research from Real Capital Analytics). More than one-third of the 2014 sales volume consisted of portfolio transactions, including ten select-service hotel portfolios ranging from $100 million to $1.1 billion. Revenue per available room (RevPAR) increased by eight percent and net operating income (NOI) increased by 13.2 percent.
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Last Updated on February 2, 2015 by Ramin Seddiq