2011: Year of the Hotel ?

Posted on January 7, 2011 by Brad Kaplan

Jones Lang LaSalle seems to think so.  We hope that they are right.  As reported by Bloomberg JLL is forecasting a 25% increase in hotel/hospitality industry activity in the 2011.  The drivers are REIT money and foreign investors looking for investments which can still be acquired at reasonable discounts while the U.S. economy recovers from its troubles.  Business travel is up and all signs are indicating that the hotel/hospitality/travel industry is stabilizing.  Foreign investors usually consider first tier metropolitan areas for investment, but they should not discount the opportunities in the second tier metropolitan areas.

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