Those looking for hotel industry jobs Phoenix (Click here) may soon have better luck, as hotel sales are on the up.
HVS recently released the 2011 Mid-Year Survey of Major and Mid-Market U.S. Hotel Transactions, which found that hotel sales continued to increase during the first half of this year, rising above the number of sales made during the same period last year.
Major-market hotels, or those selling for at least $10 million, fared the best this year. Not only did they see significant increases in sales activity, but they also saw average price per room increase by $45,000 from last year.