Higher capital costs reshape hotel investment decisions, Cushman & Wakefield says
CWK•Cushman & Wakefield says higher capital costs, operational complexity and changing investor expectations are reshaping hotel investment decisions, with more selective capital favoring projects with clear competitive advantages.
1. Shifting investment priorities
Cushman & Wakefield's analysis says higher capital costs, operational complexity and shifting investor expectations are reshaping hotel investment decisions. It says operational performance is driving a greater share of value creation as ownership periods lengthen, while exit planning is beginning at acquisition and asset managers are taking on more advisory work in refinancing, capital planning and renovation strategy.
