Article
Source: Hotel News Now
Article
03.12.12
2011 was a turning point. The first half was frothy as real-estate investment trusts gobbled up properties at apparent premiums. The second half slowed, but all the data and bar room stories demonstrated a continued deal flow among private investors. So deals definitely returned in 2011. But people also were constantly talking about a "paradigm shift" and a new environment.
Was it true? Did everything we know about buying hotels — and financing those deals — change? Had the industry learned some new lessons? With those questions in mind, Pillsbury Travel, Leisure & Hospitality industry team co-head Christian Salaman offers his insights on the past year in his Hotel News Now column, which originally appeared on March 12, 2012.
Download: Lessons Learned from the Market Shift