On the buyer side, developers and property companies accounted for almost 60% of the total value of transactions recorded. Owner-operators were the second-largest group of investors representing more than 15%, followed by corporations (almost 12%). The combined value for investment funds and wealthy individuals or families was 10%
On the other side of the table, sellers of hotel assets have typically been investment funds (35% of transaction value), developers and property companies (26%), corporate entities (11%) and wealthy individuals or families (10%)