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Finance Experts: Hotels Are Solid

NEW YORK CITY-Capital markets and private equity professionals talk about today's hospitality market, what deals are of interest and how they're being financed.

By Rayna Katz | Updated on June 07, 2013

NEW YORK CITY-Investors and analysts sounded an optimistic take on the industry—present and future—with just a hint of caution during the NYU Hospitality Investment conference earlier this week.

“The capital markets have been extremely strong and kind to the real estate sector, especially hotels,” said A. Drew Goldman, managing director and global co-head, real estate investment banking, Deutsche Bank Securities. “The debt market has only gotten stronger for the past 69 months. Banks and CMBS have seen unprecedented activity, which has fueled the mergers and acquisitions market, and equity.” Players in the hotel sector, he forecasted, “will continue to see good times.”

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