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Global Hotel Liquidity: Depth is Not An Issue

Investor demand for hotel portfolios spiked over the past six days as roughly $5.6 billion in global M&A deals came to market. So it goes in the sweltering realm of hotel sales. What’s perhaps more significant than dollar volume, however, is geographical range of demand. From an Intercontinental hotel in Okinawa to a Seattle-area Marriott, this broad-based slew of deals suggests that 2007 may blow out last year’s record $72.5 billion in global hotel deals. Jones Lang LaSalle hotels doesn’t report quarterly volume of investment sales deals, but it’s clear that 2007 ...

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