In the early months of 2023, hotels have been the most successful asset class on Ten-X, following a period of steady momentum.

“Buyers love the category,” said Brandon Lewe, Ten-X Vice President of Sales. “Last year hotels had the highest trade rate (62%) of any asset class and this year, even more investors want to buy. And the trade rate has climbed 10 percentage points – to 72% – for properties that have gone to auction this year.”

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