Potential Mixed Bag for U.S. Hospitality in 2012 | globest.com
Marcus & Millichap Real Estate Investment Services’ Q4 hospitality research report can be best summed up in two words: Mixed bag. On the one hand, the summer travel season did lead to an improvement in the sector; but on the other hand, continued economic uncertainties mean the crystal ball is cloudy on whether that improvement in the hospitality sector will continue. The report’s numbers bear this out.