If you're in the market for a hotel, now may be as good a time as any, according to a report by Colliers International Hotels. But buyers should be ready for a rough ride as the economy takes a toll on travel.
Hotel values have taken a hit as buyers stay away from a property segment bruised by a drop in tourism and corporate travel. A severe credit crunch that has banks leery of lending to the sector has also caused buyers to stay put.
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