Hospitality Real Estate Outlook 2023
The hotel industry experienced a healthy recovery in 2022, with many markets setting a "new benchmark" with record top-line performance. The second part of the year was marked by economic and political challenges, and inflationary pressures stole away from the bottom line and transaction activity. Despite this, many investors remain cautiously committed to the sector, encouraged by the more inflation-proof nature of the hotel asset class and continued resilience in travel demand.
Source: hospitalitynet.org