NEW YORK — This year has been off to a strong start when it comes to hotel transactions, and while a future slowdown is likely, a renewed interest in urban hotels is finally drawing capital back to city centers, according to JLL Hotels & Hospitality’s Americas CEO Kevin Davis.
Although the movement of capital to urban hotels that cater to group and business transient travel isn’t surprising, Davis said that what surprised him was “the fact that the recovery of group business has been…