Report: Robust national hotel activity is expected to persist

04/23/2013 | GlobeSt.com

A report released by Marcus & Millichap's National Hospitality Group indicates that the surge in performance metrics and property transactions in the hotel industry could persist for a few more years. "We're seeing some of the most favorable operational metrics today than we have for a long time, and this will go on for the next several years. For example, over the last few years, we've seen some of the lowest numbers of new hotels coming on line," said Gregory LaBerge, national director of the National Hospitality Group.

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