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And then there is the hotel sector — a hot property type many investors overlook
Research - DECEMBER 27, 2019

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And then there is the hotel sector — a hot property type many investors overlook

by Mike Consol

Ask any experienced real estate operator or investor about the four main property types and the following will roll effortlessly off their tongues: office, industrial, retail and residential. Noticeably missing is hotel real estate. 

Though it would be a stretch to insist the four major property types be expanded to five to accommodate hotels, it is worth noting that hotel fundamentals have never been better — despite a formidable onslaught from Airbnb, VRBO and other members of lodging’s shared economy. What’s more, there is every reason to believe hotel economics will get better yet, as tourism (especially from Asia) continues to explode, with the United States being one the chief destinations.

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