Foreign Investment In US Hotels May Accelerate In 2nd Half

Law360, Los Angeles (July 7, 2015, 4:29 PM EDT) -- Hotels have been one of the hottest asset classes thus far this year, thanks to manifold foreign firms pumping hundreds of millions — and sometimes billions — of dollars into single-property acquisitions, yet despite the flurry of activity, lawyers say the pace of foreign hotel investment may even pick up in the second half.

As the base of foreign investors — many in China, Japan and Korea — has broadened to include insurance companies and pension funds, attorneys say their foreign clients are looking to do their first or second hotel deal in the U.S., and hotels, particularly well-known brands and...

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