NEW YORK— Despite the economic slowdown, it was suggested that the current commercial environment just might be the most opportune time to buy— or sell— lodging properties for some months and years to come. A panel of leading hotel-brokerage executives at this year’s New York University Hospitality Industry Investment Conference here maintained that lowered interest rates should make the cost of acquisition capital considerably more attractive to buyers/borrowers, while indications of continued weakness in the RevPAR arena (at least through the third quarter) does not bode well for sellers whose projected property prices are tied to trailing 12-month numbers. —Michael Billig
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