Strength in Unity: Hotel deal volumes rocketed 50% to $85 billion in 2015, boosted by a record proportion of cross-border capital and single asset transactions.
In all, 53 hotels sold for over $600,000 per room last year, which reflects the high levels of confidence and capital in the hospitality sector.
Activity in 2016 will be more measured, with fewer headline-grabbing 'trophy' properties on the market.
Hotel values will continue to rise, with secondary markets providing the most fertile investment landscape.
RevPAR is projected to grow by 4-5% globally this year.
Consolidation, single assets, and secondary markets are set to be the big stories in 2016.

Engage with the findings of our latest global flagship report below or read the full report.