Hotel brokers provide their opinions on the current state of the hotel transaction environment across the US in the Spring 2018 Edition HVS Broker Survey report.
The overall sentiment reflects stability, but with limited inventory for sale, most metro areas remain a sellers market. New supply, increasing expenses, and the costs of renovating to current brand standards remain top limiting factors.
In addition to going-in and exit cap rates, the report provides the latest broker opinions on discount rates, rooms revenue multipliers, exposure and marketing times, selling expense ratios, and liquidation effects for the U.S. hotel transactions market.
www.hvs.com
