May 9, 2016 – PORTSMOUTH, NH – According to the most recent United States Transactions Trend Report from Lodging Econometrics, transaction activity is off to a slow start in 2016. In the first quarter there were 252 hotel transactions, the lowest transaction volume recorded since the third quarter of 2012.
There was no merger & acquisition activity reported in the first quarter. Only 42 of the hotels sold were part of portfolio transactions, the lowest total in four years. The remaining 210 hotels were single-asset transactions.