With many acquisition funds formed, will it be enough?
One of the most common threads of conversation at last week’s ninth annual Fishing for Solutions conference in Grapevine, Texas, that focused on special services and distressed assets in the hotel industry was about a subject few people can put their finger on. The general belief among the conference’s 125 attendees is there’s a large number of companies and funds with cash ready to buy hotels if and when they come to market, but the amount of...
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