Commercial Sales Dominate the High-end Market
For the first time in history commercial sales dominate the luxury market. While only making up 15% of the luxury sales (17), this segment accounted for 41% of the dollar volume. Of the 17 sales five were hotel/motels sales, accounting for $527 million in dollar volume. They include Four Seasons in Teton Village, Amangani in Spring Creek Ranch, Red Lion Wyoming Inn, Homewood Suites and Motel 6 in the Town of Jackson.