Investors acquired closed hotels at a brisk pace over the past three years, regardless of whether they were temporarily or permanently shut down. It's a big change from before the pandemic.
Investors See Opportunity in Buying Closed Hotels
Transactions Involving Closed Hotels Last Year Were Four Times the Amount Sold in 2019
By Jan Freitag
CoStar Analytics
May 15, 2023 | 8:48 P.M.
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IN THIS ARTICLE
- Companies
- Varde Partners, Inc.
Finance and Insurance
- Hawkins Way Capital
Finance and Insurance
- Ian Schrager Company
Accommodation and Food Services
- Contacts
- Ian Schrager
President, Ian Schrager Company