Here are the quarterly investment sales for the hotel sector.

Growth was fueled by corporate transient, group, and inbound foreign travel.

Cracks may be beginning to emerge with March 2024 RevPAR declining on a year-over year basis,.

The sector is experiencing both strong tailwinds and headwinds.

There were 88 single asset sale transactions with an average sale price per room of $228,000.

For transactions over $10 million, the number of trades decreased by 37% while total dollar volume declined 41%.

The number of trades dropped 21% from Q4 while the sale price per room rose 4%. .

A slowing economy is anticipated to reduce the rate of RevPAR growth.