Blog

U.S. Urban Market Opportunity

U.S. Urban Market Opportunity There may not be a better time to buy a hotel in a large, high-barrier market. Lenders and other capital stack participants (think EB5 investors) are becoming increasingly impatient as the recovery in the largest U.S....

ALIS In Wonderland

I recently returned from the ALIS (Americas Lodging Investment Summit) conference in Los Angeles. It felt a little like falling down the rabbit hole. It felt strange (but energizing) to be around so many people again. While I expected to see despairing...

Traveler Jailbreak: Leisure Travel Demand Powers U.S. Lodging Recovery

In the month of May, leisure demand was roughly 120% of its pre-pandemic level, and with an estimated 75% of households planning a vacation this Summer, it appears this trend will continue at least in the short term. The STR chart below communicates...

Hotel Economics in the Age of COVID-19

Hotel financial performance is directly tied to fundamentals within the property’s local market. Below is a quick snapshot of how hotel fundamentals have been impacted over the past six months due to COVID- 19. Hotel Demand: Never Have I Ever The...

5 Important Considerations For The First-Time Hotel Buyer

Brave enough to buy a hotel during a pandemic? The shocking decrease in demand created by Covid-19 crippled balance sheets and sidelined many of the traditional hotel buyers such as hotel REITs, current owners, and Private Equity groups. As liquidity...

Hotel Development: Boutique vs. Traditional Brand

Boutique hotel supply and demand is growing at a much faster clip than traditional branded hotels. According to the Highland Group 2019 Boutique Hotel Study, demand for boutique hotels grew at a year-over-year rate of more than 8 percent, while overall...