HVS’ Post

If your idea of light weekend reading is a deep dive into hotel financing trends, dig in to this article I just put out! (Graphs and tables included for those of you that would prefer not to get too far into the weeds 😆 )

U.S. Hotel Real Estate Market Predicted to See Steady Increase in Transactions and Financing. U.S. hotel brokers anticipate an increase in transactions over the next few years, particularly in the $10 million to $20 million segment. Financing for these transactions is becoming more accessible. Contact us for a no obligation BOV (Broker’s Opinion of Value) for your hotel. #hotels #hospitality #hotelfinancing #hotelbroker

My latest for Hotel Investment Today is that I talked to JLL's Hotels & Hospitality Group's Kevin M. Davis about why the SASB CMBS market for hotel refinances is so active right now and why that activity isn't slowing down anytime soon. #hotelinvestmenttoday #hotel #hospitalitynews #hotelnews #hospitalityindustry #hospitality #hotelrefinance #sasbcmbs

High interest rates, rising insurance costs and other financial challenges will push hotel owners to consider transacting to repay debt that’s coming due by the end of 2024, according to JLL's Hotels & Hospitality Group. #hotels #realestate #hospitality

Thank you to Hotel Investment Today for sharing the LW Hospitality Advisors Q2 2024 Hotel Sales Survey.   Key highlights include:   - Comparing Q2 2024 with Q1 2024 ----- Transaction volume: the number of trades increased approximately 36 percent while total dollar volume grew roughly 63 percent. ----- Pricing trends: The average sale price per room rose by 21%, reaching $279,000. -Geographic concentration: California, Florida, and Georgia accounted for 42% of the national quarter total number of sales, underscoring the continued attractiveness of these markets. - Debt availability: The sector continues to see robust debt financing, as evidenced by several high-profile acquisition financings and refinancings.   Looking ahead, we anticipate increased hotel sale transaction activity due to several factors: - The wave of debt maturities is beginning to materialize, putting pressure on capital-starved hotels. - Many owners who used Reserve for Replacement funds to service debt are now facing refinancing challenges in a high-interest rate environment. - Some property owners may choose to dispose of assets or surrender keys to lenders.   It's worth noting that high-quality assets with strong in-place performance are trading at aggressive cap rates, driven partly by ample equity earmarked for the lodging sector.   We expect U.S. hotel sale pricing to remain robust for top-tier properties with solid cash flow. Link to the article will be in the first comment.   #hotelindustry #marketupdate #hospitality

It is a question we often get... how do you get those perfect hospital corners on your bed sheets 🤔? Find out how easy it really is here >>  https://loom.ly/L51sdKM #bedding #hotels #hospitality

Despite slow investment sales, the U.S hotel market is thriving this year. Check out this piece by JLL's Hotels & Hospitality Group’s Mark Fisher for all the trends: #HOTELS #hotelnews #hospitality #hospitalityindustry #hotelindustry #hospitalitynews #hoteltransactions

Check out my blog and subscribe for more great tips to navigate the market at your leisure and when you are ready.

Last January, a viral post made an arguably astute anthropological observation: “There are two types of people in the world. The people that are in Dubai right now. And us.” #LUXDenver #LuxuryRealEstate #LuxuryListings #LuxuryListing #ColoradoHomes #ColoradoRealEstateMarket #RealEstate #RealEstateMarket #Homeowners #HomeBuyers #HomeSellers #LuxuryLiving #LuxuryHomes #DreamHome #HomeSearch #DreamHomeSearch #Property #PropertyHunting

Peachtree Group discusses the benefits of CPACE (Commercial Property Assessed Clean Energy) financing for hotels. #HotelBusiness #hotels #hotelindustry #hotelnews #hospitality #hospitalityindustry #hospitalitynews #lodging #hotelowners #hotelfinancing https://lnkd.in/e6rJaBP8