Florida’s $7B-plus in hotel deals drive national investment activity despite mounting financing, operating challenges

Florida is a major driver for the national hotel investment market, accounting for more than one-fifth of U.S. hotel sales in the latest four-quarter period, as investors poured $7.2 billion into the Sunshine State’s hospitality properties even as owners faced higher borrowing costs and rising operating expenses. That’s according to data from MSCI Real Capital Analytics presented by HVS Senior Managing Director John Lancet at Kabani Group’s 10th-annual Hotel Investment Forum at the JW Marriott Marquis in downtown Miami. Led by Ahmed Kabani, the Miami-based hotel brokerage hosts the event, which brings together hundreds of hospitality developers, brokers and lenders […]

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