Lodging Econometrics Reports at Year-End 2013 Total Investment in Lodging Industry Reached an Estimated 21.88 Billion

PORTSMOUTH, NH -- The lodging industry reached an estimated total investment of 21.8B in 2013. This is the highest level since 2009 and is expected to accelerate higher in 2014 and into late decade.

For 2013, 1,171 Hotels were sold or transferred, a decrease of 19% Year-Over-Year (YOY).

 Previously, Total Transactions and Property Transfers had peaked at 3,218 Hotels/ 441,613 Rooms in 2007, then precipitously fell to a bottom of 528 Hotels/ 60,804 Rooms in 2009, a decrease of 84% by Hotels.

After rebounding a bit in 2010 to 1,358 hotels, Transaction volume has since been locked in a bottoming formation with little M&A activity.

For a complete copy of the company’s news release, please contact:

Jennifer McLynch

Marketing Communications Manager

Lodging Econometrics

jmclynch@lodgingeconometrics.com

P: +1 603.431.8740, ext. 16

F: +1 603.431.4418

www.lodgingeconometrics.com