According to analysts at Lodging Econometrics (LE), through September there were 671 hotel transactions where selling prices were reported into the public domain. The total sales for these hotels was a reported $11.23 billion, with an Average Selling Price Per Room (ASPR) of $136,934.
Privately Held Hotel Companies were the biggest dollar volume sellers with 125 Hotels at a value of $3.18 billion, representing 28% of all hotel sales for the period.
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