PHOENIX—There is still runway left in this economic cycle for hotel buyers to get a deal, assures Anthony Falor, the managing director of the national hospitality group at eNewsletter_s.NATJune14|&utm_content=|JPGThoughtLeadership|&utm_term=|eNewsletter-Editorial-NAT(eNewsletter)|" target="_blank">Auction.com. The economy is stable and generally hotel product produces a better yield than other commercial asset classes, and that is the right recipe for a lasting cycle, he says.

We caught up with Falor at the Lodging Conference in Phoenix, to discuss the market and the company's newly launched hotel platform, which he says has seen a phenomenal first year. In this exclusive video interview, Falor talks about the new platform, shares his top geographic hotel markets in the nation and, most importantly, forecasts where cap rates are heading.