Hotel Brokers International has reported a 40 percent increase in hotel sale volume in its member offices compared against the first three quarters of 2024.
HBI—a marketing organization for real estate brokers specializing in lodging transactions—operates coast-to-coast offices representing 19 states. The company noted the sales results come despite challenges in the transactions market ranging from persistently high interest rates, declining hotel revenues and inflation cost increases.
“Over the past few years, HBI has invested aggressively in technology to enhance our members’ marketing effectiveness, and it’s paying off,” Ed Walsh, president of Michigan-based Alpine Realty Capital and President of Hotel Brokers International, said in a statement.