JLL unveils the latest edition of the Hotel Investor Sentiment Survey and investor sentiment going into 2014 is positive.

Following are key findings from the report:

• Hotel investors across North America remain resoundingly confident; sentiment in the region as a whole remains optimistic and consistent with the recent sentiment.
• Over the next six months, investors have the most favorable outlook on Boston, San Francisco and Seattle; while over the next two years San Francisco is at the forefront in terms of performance expectations.
• Investors' targeted cap rates held steady from the last survey period at 7.6% for acquisitions across the region.
• The list of hotly contested markets – cities with the highest ratio of buyers to sellers – includes Washington, D.C., Seattle, Vancouver, Los Angeles and Houston.

Full report