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Orlando and Miami each surpass $1 billion in hotel sales

Nashville's hospitality market adjusts back to normalcy
RIDA Development and Ares Management bought the Hyatt Regency Orlando for $1.07 billion in August. (CoStar)
RIDA Development and Ares Management bought the Hyatt Regency Orlando for $1.07 billion in August. (CoStar)

Nearly 40% of the markets in the country's southern region reported higher hotel investment sales volume so far this year compared to the same period last year.

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