- Q3 2014 worldwide reported hotel transactions (Luxury & UUP segments) volume was close to $2.9 billion, lower than the $5.3 billion reported during Q3 2013 but slightly higher than Q2 2014's $2.7 billion
- The total number of UUP/LUXURY hotel transactions increased in Q3 to 30 versus 25 in Q3 2013; however, six transactions did not disclose a deal price.
- Luxury average price per key was higher YoY in the US and internationally.
- The environment bodes well for H, HLT and HOT and their continued transitions to asset light strategies.
Please see full report: http://docs.hedgeye.com/HE_3Q14_Lodging_Transactions_10.9.14.pdf