chi-HyattCentricEntry_at_Dawn (2)

CHICAGO—The US lodging sector has expanded for nine straightyears, and usually, when a property type is that deep into a cycle,investors start shying away. But over the past year, the top buyersof US hotels have grown more interested, not less, in theseproperties, according to new research from JLL.The firm's North America Hotel Investor Sentiment Surveycollected more than 5,000 data points from hotel investors tomeasure their expectations for 2018.

“During this recovery, we've had eight straight years of 2% GDPgrowth, which is anemic,” Arthur Adler, Americas chairman at JLL's hotels andhospitality group, tells GlobeSt.com. But hotels performed wellthroughout much of this stretch, and with GDP growth now hitting3%, experts believe strong RevPAR trends willcontinue in 2018.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.