By Keith Thompson Principal, Avison Young Hospitality Group
ATLANTA – June 21, 2018 – The Avison Young Hospitality Group continues to see aggressive transaction levels during the first two quarters of 2018. Although we don’t advertise each closing, we are expecting another strong transaction year for all brokerage shops. We currently have a healthy stable of hotel transactions lined up over the next several months and continue to see accretive value in the market cycle.
For the past six months we have advised clients that the sale cycle has, or, is peaking and disposition decisions should happen now. If not, we tell them they should be prepared to wait five to six years. We currently have 102 Hilton, Marriott or Hyatt hotels we have either sold recently or currently have on the market and we are continuing to see aggressive pricing.