San Diego Daily Transcript: “Sales pace of small hotel properties starting to accelerate”

from the San Diego Daily Transcript reporting on the Hospitality Investment Hangover Conference:

“You’ve had the sale of the Hotel Se, the Hyatt, the Hilton (Bayfront) and the W, but these aren’t all,” said hotel consultant and owner Robert Rauch. “We’re seeing an acceleration in the sales of all hotels.”

Rauch said while real estate investment trusts are picking up the trophy properties, with financing becoming much more plentiful, it has left room for smaller investors to make their moves.

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