Lodging Partners is pleased to announce that, over the past 7 years, Lodging Partners has had an advisory role on 106 hotel assets with over $467 Million in sales that included two portfolios of extended stay hotels. Recent sales include the Hampton Inn Selma, NC; Residence Inn - Durango, CO; and the Motel 6 - Jacksonville, NC. In each of these sales, we were able to apply our market and asset-specific expertise to assist the sellers and buyers in reaching their goals and objectives. All of these properties were widely marketed and garnered heavy interest.

Our firm has an unwavering commitment to client service and offers a range of hotel real estate services, including brokerage, valuation consulting, and strategic acquisition. In addition to selling hotels, we also coordinate the sale and purchase of hotel notes, arrange preferred equity & recapitalization, and manage auctions through the Ten-X platform, where we recently sold 10 hotels.

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U.S. November Unemployment Rate Edges Down to 6.7%
Total nonfarm payroll employment rose by 245,000 in November, and the unemployment rate edged down to 6.7 percent. These improvements reflect the continued resumption of economic activity that had been curtailed due to COVID-19, though the pace of improvement has moderated in recent months.

U.S. Hotel Stocks Jumped 31.0% in November
The Baird/STR Hotel Stock Index was up 31.0% in November to a level of 4,354. Year to date through the first 11 months of 2020, the stock index was down 17.4%.

November Economic Leading Analytic Up for a Seventh Month in a Row
e-forecasting.com's economic leading analytic rose 1.3 percent in November, following an increase of 1.7 percent in October. Six of the seven forward-looking predictive analytics, which make up the economic Leading Analytic, eLA™, had a positive contribution to the overall predictive intelligence business tool.

Horwath HTL Report - Hong Kong Hotels: Staycation to Long Stay Packages - By Gloria Chang
This latest report, from the team at Horwath HTL Hong Kong, aims at providing a general understanding of how hotels in Hong Kong are responding to the coronavirus crisis and whether staycation or long stay packages can help hotels to reach breakeven amid the pandemic.

Lodging Partners is a specialized hotel brokerage and advisory firm focused on the sale of select service hospitality investment properties on behalf of institutional and private investors throughout the United States. The firm offers a range of hotel real estate services, including brokerage, valuation consulting, and strategic acquisition planning.

Lodging Partners is client driven and offers partner-level involvement on all assignments. Our knowledge and experience in franchising, development, feasibility, management, banking and brokerage ensures value-added results. We use our top level network of hotel and lending industry contacts plus our proprietary technology to optimize solutions to all levels of hospitality industry participants.

Our clients range from one hotel owner-operators to international hotel chains. Whether we are selling our client's only hotel or assisting a public company with a multi-faceted acquisition plan, our commitment is the same - we deliver value-added solutions by providing a senior-level, hands-on approach to each client and every engagement.