U.S. hotel deal volume in the first quarter declined by around 30%, or $1.2 billion, from the first quarter a year ago. Hotel deals for assets under $50 million also declined, but they continue to make up a large share of total asset sales.
U.S. hotel deal volume in the first quarter declined by around 30%, or $1.2 billion, from the first quarter a year ago. Hotel deals for assets under $50 million also declined, but they continue to make up a large share of total asset sales.
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