After $4.3 billion in hotel properties were traded in the first quarter, the second quarter recorded an increase to just over $5.7 billion. This volume matches the total sales for the same quarter a year ago. The increase in sales speaks to a few primary drivers motivating buyers and sellers to transact.
Over $5.7 Billion in Hotel Properties Traded in Second Quarter
Lack of Interest Rate Cuts Did Not Hold Back Buyers
By Jan Freitag
CoStar Analytics
July 11, 2024 | 3:35 P.M.
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