ATLANTA-“We believe this will be the year of the hotel portfolio transactions,” said Brad Sinclair, Hotel AG vice president and partner in a recent company release. And his optimism is well-founded, at least according to recent activity from the hotel brokerage firm. In 2013 so far, Hotel AG has been engaged on four hotel portfolios. The portfolios in question range in value from $70 million to $600 million and include most all major brands and service level hotels, according to the firm.
“We are seeing great interest in yield plays for large cap transactions as today there seems to be an economic vibrancy that is very focused in hospitality,” Sinclair added
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