Hotel sales reached $11 billion in 2013, study finds

03/20/2014 | Hotel Management online

LW Hospitality Advisors' 2013 Select Major U.S. Hotels Sales Survey reports that the number of single-asset hotel sales priced at more than $10 million each rose to 154 in 2013, compared with 107 in 2012. Dollar volumes in 2013 were up 85% from the previous year, with sales totals reaching $11 billion.

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