Underlying hotel real estate values have held relatively steady while buyers have taken a more cautious outlook.

2018 was another record-breaking year for the U.S. hotel industry with new all-time high operating metrics.

High levels of US consumer and business confidence are being fueled in part by low unemployment rates and rising wages both of which continue to have positive effects on the demand for US hotel room night demand.

Barring any black swan event(s), the near-term outlook for lodging remains very positive. Domestic and foreign investment, and institutional capital continue to be deployed into single assets and portfolios of all types and locations of US hotels.

NEW YORK CITY—Driven by robust business and leisure travel, the US hotel industry completed another year of record setting metrics including: Occupancy,…

NEW YORK CITY—As the world's economy strengthens, the outlook for America is bright, evidenced by heightened business and consumer confidence.…

The eight-year lodging bull market is seeing signs of deceleration, but it's not being felt on a national level.

NEW YORK CITY—But the certain factors are adding uncertainty to the lodging outlook.