ATLANTA—While the debate continues about whether it's a buyer's market or a seller's market, Hotel AG has made its opinion clear. Hotel AG has 16 hotel portfolios on the market.
Some of the hotel portfolios offer as few as five hotels. Others offer as many as 15 hotels. Brands represented include mostly Hilton, Marriott, and IHG. The portfolios are listed at prices ranging from $80 million to just more than $600 million.
“We see today's market being the acquisition opportunity for portfolios,” says Brad Sinclair, a senior partner with Hotel AG. “The yield returns are strong, debt is inexpensive, and the momentum of the market almost mirrors that of late 2006 and early 2007.”
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
Already have an account? Sign In Now
© 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.
