Lodging Econometrics: Hotel Investments Exceeded $30 Billion in 2014

PORTSMOUTH, NH—Lodging Econometrics (LE) has reported that, in 2014, total investment in the lodging industry was an estimated $30.8 billion.

In addition, of the 1,292 hotels that were transacted, 935 reported a selling price. As such, the average selling price per room for those hotels was $156,002, marking a 20.6% year-over-year gain. The company forecasts selling prices continuing to accelerate for the next several years as hotel performance continues to thrive. 

In 2014, there were 799 single-asset transactions and another 481 hotels that changed ownership as part of a portfolio sale.