First look at full-year U.S. transaction data points to continued industry growth | hotelmanagement.net
As preliminary figures are reported for 2013, it’s easy to see that the momentum for 2014 is still high, according to brokers and transaction analysts. “The first half of 2014 is going to be very, very good,” said Steve Kirby, principal of Mumford Co. He said he was hesitant to project too far out because of outside issues, such as economic changes and oil issues. Suzanne Mellen, senior managing director at HVS, said there is optimism, but everyone wants the uncertainty to go away.
