News
HOTEL KEYS BECOMING GOLDEN TICKETS
December 12, 2011
| Boston, among the top 10 US hotel markets, logged in a strong?11 and will have a good ?12, according to AEW opportunity fund director Jim Luchars. He tells us Hub hotel investment values have recovered significantly since the downturn. (People are back to vacations, business trips, and visiting their secret second families.) |
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| The Westin Copley Place, site of our Hotel Summit on Wednesday, where Jim will be speaking. (A hotel summit in a hotel. Trippy.) Nationally, hotel market fundamentals remainpositive with some concern about rate negotiations and upside for next year. Still, Jim says that AEW is ?fairly bullish? on the sector over the next 12 to 36 months since new supply is limited andRevPAR still below the last peak. Since financing remains a challenge, cash buyers have a substantial edge. Hear more fromJim, who leads the hospitality group?s North American investment origination and asset management, this Wednesday.Register! |
