From the Chicago Tribune
Jones Lang LaSalle Sees Hotel Deals Flat in 2012
Hotel deals will approach $30 billion worldwide this year, about on par with 2011, as uncertain economic conditions and fragile debt markets make buyers cautious and selective, hotel investment services firm Jones Lang LaSalle Hotels.

Banks looking to rebuild their balance sheets will be a key driver forcing sales of hotel assets this year, and mega-deals of $1 billion or more are likely to be few.

But there will be good buying opportunities in core markets such as the United States, Japan, Britain and Southern Europe, as distressed properties will be available at well below their peak values, according to the company's global hotel investment outlook for 2012. Click here for the full story.