In 2018, hotel transactions exceeded 700 deals for a total valuation of $29.5 billion, according to STR's Hotel Transaction Almanac.
Hotel values across Europe registered another strong year in 2018, showing 3% growth and reaching new highs, according to the HVS annual European Hotel Valuation Index (HVI).
Growing numbers of hotels are also looking to get involved in the flexible space boom, transforming underused spaces in communal areas or outdated business centers into modern, vibrant coworking spaces.
In this article, the author reviews market data associated with the introduction of nine headquarters hotels from the past 16 years to provide insight into the impacts such openings have on their competitive sets performance.
STR's pipeline report shows 19,039 hotel rooms in construction in Central/South America as of January, which is down 25.6% year over year.
Regions transaction volumes spurred by trades in Japan and Singapore
European hotel real estate investment reached a record high of EUR23.0 billion in 2018
Strong national demand trends continue to support Canadas lodging sector with investors remaining optimistic about the hotel asset class in 2019. Download the Hotel INNvestment Canada Q4 Report for results of the Canadian Hotel Investment Sentiment Survey and a 2018 Transaction Preview.
Through January, the Asia/Pacific region reported a 31.4% increase in the number of hotel rooms in construction (387,195). China has 204,295 rooms in construction, which equals 8.1% of its existing supply.
Recently, my partner, Guy Maisnik, and I spoke about hotel retail mixed-use development with Kelsi Maree Borland of GlobeSt.com. Her article, Why Retail Owners Are Partnering With Hotels ran with the subtitle, With retail evolving to be more experience-driven, retail owners are finding the benefits of adding boutique hotels to shopping centers.