Transactions: Which US markets are experiencing the most activity?
The U.S. hotel transaction market has come back at a brisk pace. The equity raised over the past 16 months is being deployed competitively, lenders are financing again, and hotel performance experienced a strong recovery through the summer months. There are still COVID-19-related headwinds that the transaction market must battle, but the sentiment is good, and we are optimistic that this trend will continue moving forward. Deal volume is not at a point where it exceeds pre-COVID numbers, but if this rapid pace continues, we could see a full recovery in transaction volume by year-end 2022. Contributed by Eric Guerrero,…
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