US hotel buyouts see drop in luxury segment, but new high-end developments thriving


Skift Take

The action is on the very high end of the market, or the low/economy end, when it comes to new hotel development.

Almost $6 billion in hotel transactions occurred in the U.S. during the first half of 2012, according to data from STR. Deal flow has tapered since 2011, particularly in the luxury segment. Key findings: -- Only 13 percent of transactions involved d