NEW YORK CITY—Available for download, the LW Hospitality Advisors report shows the largest hotel transactions for the 2014.
A growing, albeit modestly, U.S. economy, emerging domestic energy markets, declining gasoline prices, and strengthening consumer confidence represent positive underpinnings for the lodging industry.
Several new U.S. transaction records occurred this past year.
Notable observations from the LWHA 2014 Major U.S. Hotel Sales Survey include:
- Two extraordinary trades include the announced $1.95 billion sale of the Waldorf Astoria New York and the $1.73 billion paid for the Cosmopolitan of Las Vegas;
- New York and San Francisco have been the most active transaction markets.
Click the button below to download the story.
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.