STR reveals US hotel investors spent $28bn on property in 2014 | News

STR reveals US hotel investors spent $28bn on property in 2014

Hotel investors spent $27.8 billion on property acquisitions and developments in the United States during 2014, according to the Hotel Transaction Almanac and the Hotel Development Almanac compiled by STR Analytics. During the year, $18.5 billion in hotels changed hands while another $9.3 billion in new hotel projects opened their doors. “Hotel real estate remains…

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