Yahoo Finance published this video item, entitled “Why hotel investors are optimistic with inflation: Analyst” – below is their description.
COVID-19 caused a major paradigm shift in where workers operate with many companies offering hybrid and remote work. This caused a shake-up in commercial real estate, rendering office spaces obsolete. Additionally, recent economic headwinds and general uncertainty have compounded issues for the commercial real estate sector, save for one bright spot in hotels and the hospitality industry.
A recent survey from JLL Hotels & Hospitality showed that over 80% of hotel investors expected to be net buyers this year. JLL Hotels & Hospitality CEO Kevin Davis joins Yahoo Finance to discuss the survey and explain why and how this part of the sector has been able to persevere through investors’ caution.
“Part of it is a rate story, I think part of it may be a story of distress and the expectation that there could be some distress in the marketplace in which case investors are looking to take advantage of that,” Davis explains. “If you look back during the COVID period, there was an expectation that there would be a significant amount of distress that never came to fruition but, a lot of capital was raised to take advantage of that. Fast forward three years, we are in the midst of an aggressive Fed tightening cycle and I think the same mentality holds.”
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb
About Yahoo Finance:
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more.
To learn more about Yahoo Finance Plus please visit: https://yhoo.it/33jXYBp
Connect with Yahoo Finance:
Get the latest news: https://yhoo.it/2fGu5Bb
Find Yahoo Finance on Facebook: http://bit.ly/2A9u5Zq
Follow Yahoo Finance on Twitter: http://bit.ly/2LMgloP
Follow Yahoo Finance on Instagram: http://bit.ly/2LOpNYz
Follow Yahoo Finance Premium on Twitter: https://bit.ly/3hhcnmV
Yahoo Finance YouTube Channel
Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.
