Hotel outlook remains positive for 2013

04/4/2013 |

According to PKF, revPAR will grow this year in each of the 50 markets that it tracks. A Jones Lang LaSalle survey reported that "New York City, San Francisco, Hawaii and Boston maintained the lowest targeted cap rates at 6.4%, 6.5%, 6.9% and 7.0%, respectively," this feature says, reflecting continued interest from investors.

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