Hospitality real estate fund managers are grappling with uninspiring capital deployment from 2025. Ongoing tariff uncertainty and softness in transient demand contributed to the inactivity of these fund managers, who gravitated toward opportunistic investments.
Hospitality real estate funds slow deployment amid tariff uncertainty and weak travel demand
Hotel private‑equity managers pivoted to opportunistic investment in 2025
By Chantal Wu
CoStar AnalyticsJanuary 21, 2026 | 12:00 P.M.
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