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Resort, luxury segments driving transactions in lodging industry

Deals activity in the resort and luxury lodging sector is booming as investors seek to capitalize on the improving outlook on travel, according to Jones Lang LaSalle’s Hotels & Hospitality Group. The group said 18.4 percent of all hotel transactions year-to-date through August came from the resort segment, amounting to $2.5 billion. STR Analytics reports that the U.S. market saw $3.6 billion worth of luxury hotel deals through mid-October. Read the HotelNewsNow.com story here.

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