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HVS Publishes Updated Report on Major U.S. Hotel Transactions as of Mid-Year 2008

For Immediate Release

October 20, 2008: HVS has updated the HVS 2008 Mid-Year Survey of Major U.S. Hotel Transactions with a section on portfolio sales and mergers.

"Despite the strain on the credit markets, $28.8 billion in major mergers and hotel portfolio sales closed in the first half of 2008," said Amy Beam, HVS Director of Hotel Transactions. These portfolio sales and mergers provide an important perspective on the recent, present, and evolving state of the U.S. lodging industry.

The updated survey is available for purchase online at www.hvs.com/Bookstore  for $350. A copy of the report will be emailed during normal business hours (Monday through Friday) following the receipt of payment. For more information regarding this survey, please contact Amy Beam at abeam@hvs.com.

HVS is a global consulting and services organization focused on the hotel, restaurant, shared ownership, gaming, and leisure industries. Information within the HVS 2008 Mid-Year Survey of Major U.S. Hotel Transactions was taken from our extensive database of sales transactions. HVS serves as conduit for the data but does not assume responsibility or liability for data accuracy, usability, confidentiality, or other matters related to the survey.

Contact:
Amy Beam
HVS Director of Hotel Transactions
2601 Sagebrush Drive
Suite 101
Flower Mound, TX, 75028
Phone: +1 214.629.9728
Email: abeam@hvs.com