Hotels to Move Ahead – Eventually

DENVER-According to results from commercial real estate‘s annual Lodging Industry Investment Council survey titled, The LIIC Top Ten, executives are still debating just exactly when the hotel market will peak. Significantly, 37% of respondents believe the industry won’t hit its height until 2015. A further 30% were less optimistic, anticipating that the climate won’t be top-notch until 2016, and additionally, 24% expect a peak in 2017 or later.

However, for 2012, people seem to think that things will stay on an upward trend.  In the next year, a whopping 98% of respondents feel that lodging real estate values will continue to increase, the organization found, and upper upscale and luxury values will swell the most.