• US transactions more than double

Hotel transactions in the US more than doubled on the year from 29 sales in the first half of 2009 to 73 in the first half of 2010, according to the HVS 2010 Mid-Year Survey of Major and Mid-Market US Hotel Transactions.

A total of 12,637 hotel rooms traded hands. "Given the improvements not only in the lending environment but also in market and hotel performance metrics, we expect transactions activity to continue to increase in 2010," said Amy Beam, HVS Director of Hotel Transactions.

See the full release here:
http://www.hvs.com/news/4796/hvs-reports-the-total-number-of-major-and-mid-market-us/

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