Hotel News Resource - Domain Properties Hotel Industry News

Domain Properties and the NYC hospitality sector are off to a profitable start in 2012. Recently, Domain Properties, a key player in New York City Hotel transactions, closed on the sale of the Avalon – an upscale Midtown property. This transaction is just one of the latest deals involving prominent hotels in the Big Apple.

Domain Properties announced today that the firm has closed on the sale of the Avalon, midtown luxury hotel located at 16 East 32nd Street New York, NY 10016. Haim Yagen, Domain’s principal represented seller and buyer.

Domain Properties, a dynamic key player in the New York City hotel market, has released an eye-opening report about this revitalized industry. Spring 2011 brought a record level of activity in NYC hotel transactions. The city's hospitality sector is expected to gain even more strength during the summer months.

Domain Properties continues to excel in offering hotel acquisition and disposition services in New York City. This esteemed company has been recognized for providing excellent services to hotel buyers and sellers. Their team specializes in OFF Market discreet acquisition and dispositions services with or without exclusive non obligation agreement. Domain Properties offers a proven strategy for successful investment in New York City hotels.

After examining and organizing all the latest relevant data, Domain Properties, experienced brokerage firm for OFF MARKET New York City hotels, has provided its first update about the 2011 market.

Domain Properties, key players in NYC real estate, are releasing their latest report about investors' strategy for growth in the Manhattan hotel industry. Investors are interested in New York City hotels. Domain Properties points out that investors are focusing on sales growth rather than the current market cap rate.

Domain Properties is proud to present its latest report about the Manhattan hotel industry. The '2011 NYC Hotel Market Forecast and 2010 Overview - Buyers & Sellers' focuses on the market for the coming year as well as reviews industry activity in recent months. The future looks promising for the Manhattan hotel industry. Domain Properties will be a significant player in this profitable marketplace. Domain Properties is a leading resource for buyers, sellers, and banks who want to make the most of their investment in Manhattan hotels.

Since the premiere edition of the 'Manhattan Hotel Report 2010,' dealing with the Manhattan hotel industry, was released by Domain Properties in February 2010, hotel sales continue to go through the roof in New York City. Domain Properties assists buyers and sellers of 'off market' hotels and offer direct discreet buyer to seller meetings. With rising hotel rates and high occupancy levels, the Manhattan hotel industry is a lucrative market for investors. Luxury hotels are in highest demand – especially with international travelers who want to stay in Manhattan.

With new Hotels just finishing constructions, new conversions, the Hotels that are in Distress, are for sale, either by the owners or the Bank Note Holders...