2025 Major U.S. Hotel Sales Survey & Lodging Sector Overview
LW Hospitality Advisors tracked 392 major US hotel sales totaling $15 billion in 2025, with average sale prices down 13% year-over-year despite increased transaction volume. ... Wheelock Street Capital paid $106.4 million, or $511,000 per key for the asset in 2021 from Concord Hospitality who developed the property which opened in 2020.