ATLANTA, January 6, 2020 – Hunter Hotel Advisors – the nation’s leading investment advisory firm focused exclusively on the hotel industry – announces their 2019 year-end results will come in at $1.2 billion in transactions, with a total of 137 properties sold by the firm.
The record year represents a net increase of 35% in total transaction volume, and 20% increase in the number of properties handled for the year. The properties were located across the US, with 10 or more property transactions in each of Florida, Georgia, Texas, Colorado and California.
“2019 was an adaptive year for hotel owners. Hunter saw our seller mix change to 55% institutional firms, 20% private firms, and 25% brand owned. We take this as an indication that both buyers and sellers see opportunities in the current transaction market and expect the trend to continue in 2020,” said Teague Hunter, CEO of Hunter Hotel Advisors. “Thank you to our clients, colleagues and friends for making 2019 a successful year. Their trust in the Hunter team is appreciated, and the firm looks forward to 2020 with grateful hearts and continued optimism.”
About Hunter Hotel Advisors
National reach. Local knowledge. Hunter Hotel Advisors is the nation’s leading investment advisory firm focused exclusively on the hotel industry. Their seasoned team of investment professionals and offices nationwide consistently provide clients with optimal results in hotel brokerage, financial advisory, and capital markets services of any size or complexity. With 40+ years of experience in both full and select-service single assets and portfolios, the firm’s capacity in valuation, economic analysis, and industry relationships have allowed Hunter to consistently maximize value regardless of market conditions. Hunter Hotel Investment Conference is staged annually in Atlanta and provides education and networking for hotel owners and investors across the United States. Entering its 32nd year, the conference will host more than 1,900 attendees in March 2020. For additional information, visit www.hunterhotels.net, www.hunterconference.com or contact the Atlanta headquarters at 770-916-0300.