Value of recently closed transactions
Closed sales in most recent year
Hospitality is a billion-dollar-industry with properties spanning a wide variety of types, from limited service to full-service luxury hotels.
Hospitality / Golf / Resort Properties Available Now
Investment specialists in Marcus & Millichap's National Hospitality Group (NHG) and National Golf and Resort Properties Group focus exclusively on providing investment advisory and transaction services for hospitality, lodging, resort and golf properties. The group leverages Marcus & Millichap's network of more than 1,700 investment sales and financing professional specialists in offices nationwide and across Canada to expose properties to the largest possible pool of qualified investors.
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Investors Intensify Efforts as Hotel Sector’s Pace of Growth Eases
Outlook positive as cycle shifts gears. The U.S. hospitality sector is in a new phase that will nonetheless continue to provide opportunities to improve property performance and enable owners to realize return objectives through a transaction. Slower rates of growth have supplanted the substantial gains recorded earlier in the cycle. In many markets, the occupancy rate is declining, often as supply growth outpaces more modest gains in occupied rooms than one year ago. As an infusion of new stock comes online in a number of markets in the near term, the U.S. economy provides a sufficient tailwind to support additional travel and demand increases. U.S. payrolls continue to grow and job openings, representing a pipeline of potential business travelers, hover near an all-time high. Positive trends in employment, and the ensuing lift it provides to consumer confidence, remain vigorous forces supporting hotel performance, but potential headwinds also exist. These include further stock market volatility and slower growth in corporate profits, which could lead to cuts in corporate travel budgets, and the potentially suppressive effect of a strong U.S. dollar on foreign inbound travel.