📊 Topic

Per-Key Pricing

2 stories · First covered Feb 26, 2026 · Latest Mar 24
Related: RevPAR 1 Marriott International 1 Cap rates 1 Accor 1 United Kingdom 1 Marriott 1 Homewood Suites 1 Highline Hospitality Partners 1 Avion Hospitality 1 AWH Partners 1 Pittsburgh 1 Healdsburg, California 1
Per-Key Pricing Coverage
$257K Per Key for a Home2 Suites in Tampa. Check Your Basis.
Transactions Primary
Mar 24

$257K Per Key for a Home2 Suites in Tampa. Check Your Basis.

A PE fund just paid $32.1 million for a 125-key Home2 Suites in the Tampa market, putting the per-key price at $257K for a select-service extended-stay built in 2018. That number tells a very specific story about where cap rates are heading and who's getting priced out of the acquisition market.

JC
Jordan Chen 2 min read · Mar 24
Hotel Deal Flow Says Buyers Are Getting Pickier, Not Quieter
Transactions Primary
Feb 26

Hotel Deal Flow Says Buyers Are Getting Pickier, Not Quieter

A two-week snapshot of hotel transactions reveals a market where capital is abundant but discipline is tightening... and the per-key math tells a more interesting story than the headlines.

JC
Jordan Chen 3 min read · Feb 26