Transaction volumes across the Americas increased five-fold, reaching $11.9bn in 2010, according to Jones Lang LaSalle Hotels.
"Hotel investment is back," said Arthur Adler, MD and CEO, Americas. "Improving fundamentals, the breadth of equity capital and easing debt levels are generating further optimism. We expect deal volume to total at least $13bn in 2011 in the Americas."
See the full release here: