Who's Buying U.S. Hotels

Water park at JW Marriott San Antonio Hill Country Resort

U.S. hotel acquisitions are up dramatically in the past 12 months. Who's behind the hot buying streak? JLL, a real estate services firm, gives us the numbers and tells us who.

As of YTD 2018, hotel transaction volume in the United States reached $29.7 billion, more than a 25 percent year-over-year increase, with private equity firms representing 37 percent of hotel acquisition in the United States, or $11 billion.

Hotel acquisitions have posted strong numbers and private equity has secured this year’s lion’s share. As of YTD 2018, hotel transaction volume in the United States reached $29.7 billion, more than a 25 percent year-over-year increase, with private equity groups representing 37 percent of hotel acquisitions in the United States, or $11 billion. This compares to 30 percent ($7.1 billion) for all of 2017. — Megan Dolan, JLL

Photo of the water park at JW Marriott San Antonio Hill Country Resort by Heatheronhertravels.com. The resort was sold this year to a partnership affiliated with private equity firm Blackstone.