Site map
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Every page on the Matthews Hotel Markets site, grouped by section. The same list is published for crawlers at /sitemap.xml.
Financing
How does hotel financing work, and what does it cost right now?
- Can I use a 1031 exchange to buy or sell a hotel?
- How do I finance converting my hotel to a new brand?
- What is a bridge loan and when should a hotel owner use one?
- Can I use C-PACE financing on a hotel?
- What is a CMBS loan and how does it work for hotels?
- How do I finance hotel construction in 2026?
- How does EB-5 financing work for a hotel?
- How is extended-stay hotel financing different?
- Hotel financing questions, answered
- Can I use historic tax credits to renovate a hotel?
- Who are the biggest hotel lenders, and which type fits my deal?
- What are current hotel loan interest rates?
- How does hotel debt placement actually work?
- Can I get an interest-only hotel loan?
- Who lends on hotels under $5 million?
- Can I assume the existing loan when I buy a hotel?
- How much hotel debt is maturing in 2026 and 2027?
- What do lenders require for a hotel loan?
- What is a loan workout and how does it work for a distressed hotel?
- Can I get a non-recourse loan on a hotel?
- Do opportunity zones still help hotel investors?
- How do I finance a hotel PIP or renovation?
- Should I refinance my hotel or sell it instead?
- How do I refinance a hotel loan before it matures?
- What is the difference between an SBA 7(a) loan and an SBA 504 loan for a hotel?
- Can I get a USDA B&I loan for a hotel?
- What is a hotel capital stack, and how do I build one?
- How do I take cash out when I refinance my hotel?
- What happens at a hotel loan closing, and what does it cost?
- What covenants and cash management will my hotel lender require?
- Do I need an interest rate cap on a floating-rate hotel loan?
- How do mezzanine debt and preferred equity work on a hotel deal?
Sell a Hotel
What is involved in selling a hotel?
- How much does it cost to sell a hotel through a broker?
- What documents do I need to sell my hotel?
- Selling a hotel: questions owners ask
- Should I sell my hotel before the franchise agreement expires?
- How long does it take to sell a hotel through a broker?
- How do I choose a hotel broker?
- What is the step-by-step process for selling a hotel?
- Should I sell my hotel off-market or list it publicly?
- How do I sell a hotel that is losing money or in default?
- Can I sell a hotel that sits on a ground lease?
- What taxes do I pay when I sell a hotel?
- What do buyers look for when buying a hotel?
Valuation
What is my hotel worth, and who decides?
- Why did my hotel appraise for less than I expected?
- How much is my branded select-service hotel worth?
- What is a hotel broker opinion of value, and how is it different from an appraisal?
- What is a good cap rate for a hotel in 2026?
- Walk me through the math on valuing a select-service hotel
- How do rising interest rates change what my hotel is worth?
- How is a hotel valued when I buy out my partner?
- How does a PIP affect my hotel's value?
- How do I appeal my hotel's property tax assessment?
- What is my hotel worth per key?
- What is the difference between select-service and full-service hotel investment?
Buy a Hotel
Hotel Franchise Costs
How much does a hotel franchise cost?
- How much does a Best Western franchise cost in 2026?
- How much does a Cambria Hotels franchise cost in 2026?
- How much does a Comfort Inn or Comfort Suites franchise cost in 2026?
- How much does a Days Inn franchise cost in 2026?
- How much does a DoubleTree franchise cost in 2026?
- How much does an Econo Lodge franchise cost in 2026?
- How much does a Hampton Inn franchise cost in 2026?
- How much does a Hilton Garden Inn franchise cost in 2026?
- How much does a Home2 Suites franchise cost in 2026?
- How much does a Homewood Suites franchise cost in 2026?
- How much does a Hyatt House franchise cost in 2026?
- How much does a Hyatt Place franchise cost in 2026?
- How much does a La Quinta franchise cost in 2026?
- How much does a Microtel by Wyndham franchise cost in 2026?
- How much does a Motel 6 franchise cost in 2026?
- How much does a Quality Inn franchise cost in 2026?
- How much does a Red Roof Inn franchise cost in 2026?
- How much does a Sleep Inn franchise cost in 2026?
- How much does a Spark by Hilton franchise cost in 2026?
- How much does a Super 8 franchise cost in 2026?
- How much does a SureStay by Best Western franchise cost in 2026?
- How much does a Tapestry Collection franchise cost in 2026?
- How much does a Tru by Hilton franchise cost in 2026?
- How much does a WoodSpring Suites franchise cost in 2026?
Hotel Industry Basics
How does the hotel business work?
- What are hotel chain scales and classes?
- How do hotels make money?
- How big is the US hotel industry in 2026?
- What is the outlook for hotels in 2026 and 2027?
- What is the difference between a hotel owner, a franchisor and a management company?
- What are RevPAR, ADR and occupancy, and what is a good number?
- Who owns hotels in the United States?
- How do hotel management agreements work, and what do they cost?
- What does it cost to operate a hotel?
- What is an extended-stay hotel, and why do investors like them?
- How much does it cost to build a hotel in 2026?
- Who buys hotels in the United States?
- How do hotel REITs work, and what do their filings tell a private owner?
Calculators
Rate sheet
Data
- Hotel financing statistics
- SBA loans to hotels
- SBA loans to hotels in Texas
- SBA loans to hotels in California
- SBA loans to hotels in Georgia
- SBA loans to hotels in North Carolina
- SBA loans to hotels in Florida
- SBA loans to hotels in Ohio
- SBA loans to hotels in Illinois
- SBA loans to hotels in Indiana
- SBA loans to hotels in Colorado
- SBA loans to hotels in Michigan
- SBA loans to hotels in Washington
- SBA loans to hotels in New York
- SBA loans to hotels in Virginia
- SBA loans to hotels in Pennsylvania
- SBA loans to hotels in South Carolina
- SBA loans to hotels in Arizona
- SBA loans to hotels in Wisconsin
- SBA loans to hotels in Missouri
- SBA loans to hotels in Alabama
- SBA loans to hotels in Tennessee
- SBA loans to hotels in Minnesota
- SBA loans to hotels in New Mexico
- SBA loans to hotels in Oregon
- SBA loans to hotels in Louisiana
- SBA loans to hotels in Utah
- SBA loans to hotels in Mississippi
- SBA loans to hotels in Oklahoma
- SBA loans to hotels in New Jersey
- SBA loans to hotels in Kansas
- SBA loans to hotels in Kentucky
- SBA loans to hotels in Iowa
- SBA loans to hotels in Arkansas
- SBA loans to hotels in Massachusetts
- SBA loans to hotels in Maryland
- SBA loans to hotels in South Dakota
- SBA loans to hotels in Connecticut
- SBA loans to hotels in Idaho
- SBA loans to hotels in Maine
- SBA loans to hotels in West Virginia
- SBA loans to hotels in Montana
- SBA loans to hotels in Nevada
- SBA loans to hotels in Wyoming
- SBA loans to hotels in New Hampshire
- SBA loans to hotels in North Dakota
Research and insights
- Matthews Hotel Index, Q1 2026
- Insights
- Texas Hotel Cap Rates Q2 2026: What Owners Should Expect
- Select-Service vs Full-Service Hotels: 2026 Capital Markets Outlook
- How Hotel Owners Should Navigate the 2026 Refinancing Wave
- Sun Belt Hospitality Investment: Where the Capital Is Flowing in 2026
- Hampton Inn / Holiday Inn Express / Marriott Select: 2026 Brand-Flag Cap Rate Guide
- The Complete Guide to Selling Your Hotel in 2026
- Hotel CMBS Distress: How to Read the Trepp Public Data in 2026
- Hotel ADR + RevPAR Recovery: Market-by-Market 2026 Forecast
- Q1 2026 Hotel Investment Outlook
- ADR Recovery Across Texas Secondary Markets
- The Glamping Investment Thesis
- Select-Service vs. Full-Service: Capital Markets Outlook 2026
- How Hotel Owners Should Read the Refinancing Wave
- Sun Belt Hospitality: 2026 Investor Sentiment Preview
Glossary
- Hotel Cap Rate
- RevPAR (Revenue Per Available Room)
- ADR (Average Daily Rate)
- PIP (Property Improvement Plan)
- BOV (Broker Opinion of Value)
- IOM / Investment Memorandum / OM
- Debt Service Coverage Ratio (DSCR)
- Debt Yield
- Net Operating Income (NOI)
- Loan-to-Value (LTV)
- FF&E Reserve
- MPI, ARI and RGI (STR Index Scores)
- Price Per Key
- Going-Concern Value
- Franchise Comfort Letter
- Franchise Disclosure Document (FDD)
- Key Money
- SOFR (Secured Overnight Financing Rate)
- Prime Rate
- SBA 7(a) Loan
- SBA 504 Loan
- Defeasance
- Yield Maintenance
- Non-Recourse Carve-Outs (Bad-Boy Guaranty)
- Mezzanine Debt
- Competitive Set (Comp Set)
- Gross Operating Profit (GOP)
- Ground Lease
- Hotel Franchise Agreement
Active listings
- Hampton Inn Shelbyville, Shelbyville, IN
- Comfort Suites Daytona Beach, Daytona Beach, FL
- Super 8 by Wyndham, Kinder, LA
- Microtel Inn & Suites by Wyndham, Sidney, MT
- Quality Inn Blytheville, Blytheville, AR
- Americas Best Value Inn Caldwell, Caldwell, TX
- Hampton by Hilton Akron, Akron, OH
- SpringHill Suites Pittsburgh Washington, Washington, PA
- La Quinta Inn & Suites by Wyndham Lumberton, Lumberton, TX
- Fox River Resort at Sheridan, Sheridan, IL
- Hotel Pad Site Morrisville, Morrisville, NC
- Quality Inn Johnson City, Johnson City, TN
- Days Inn by Wyndham Del Rio, Del Rio, TX
- Fairfield Inn & Suites Monaca, Monaca, PA
- Sinclair Gas Station + Hotel, Bluff, UT
- Econo Lodge & Suburban Studios, Daytona Beach, FL
- A Place in the Sun Garden Hotel, Palm Springs, CA
- Red Roof Inn Somerset, Somerset, PA
- Former Apple Mountain Resort (For Auction), Clarkesville, GA
- Best Western Plus Fresno Inn, Fresno, CA
Hotels for sale by brand
Markets
- Hotels for sale in Austin, TX
- Hotels for sale in Dallas, TX
- Hotels for sale in Houston, TX
- Hotels for sale in San Antonio, TX
- Hotels for sale in Nashville, TN
- Hotels for sale in Atlanta, GA
- Hotels for sale in Charleston, SC
- Hotels for sale in Savannah, GA
- Hotels for sale in Charlotte, NC
- Hotels for sale in Phoenix, AZ
- Hotels for sale in Denver, CO
- Hotels for sale in Miami, FL
- Hotels for sale in Tampa, FL
- Hotels for sale in Orlando, FL
Closed deals
- 26-Hotel Acquisition Portfolio, Multi-Asset, FL
- Courtyard by Marriott Lake Charles, Lake Charles, LA
- Marriott 2-Pack Del Mar (Select + Full Service), Del Mar, CA
- Full Service Marriott Fort Collins, Fort Collins, CO
- 4-Pack Portfolio (3 Marriott + InterContinental), Multi-City, FL
- Residence Inn San Marcos, San Marcos, TX
- Staybridge Suites Austin, Austin, TX
- Country Inn & Suites Augusta, Augusta, GA
- Hampton Inn Portfolio Atlanta, Atlanta, GA
- Crown Plaza Downtown Dallas, Dallas, TX
- Radisson Hotel Corning, Corning, NY
- Hilton Garden Inn Bozeman, Bozeman, MT
- Hampton Inn & Suites Beaumont, Beaumont, TX
- Stone Mountain Lodge, Lyons, CO
- Holiday Inn Express Augusta, Augusta, GA
- Ramada Houston, Houston, TX
- Staybridge Suites Houston, Houston, TX
- Country Inn & Suites San Antonio, San Antonio, TX
- The Resort at Paws Up, Missoula, MT
- The Mansion at Judges Hill, Austin, TX
- Hampton + Home2 Suites Austin, Austin, TX
- Tampa Boutique Multifamily, Tampa, FL
- Home2 Suites by Hilton Del Rio, Del Rio, TX
- Dual Brand Hampton Inn + Home2 Suites Austin, Austin, TX
- Hampton Inn Beaumont, Beaumont, TX
- Home2 Suites Columbus, Columbus, OH
- Hampton Inn & Suites Altoona, Altoona, IA
- La Quinta Inn & Suites Waco, Waco, TX
- Holiday Inn Express Early, Early, TX
- Firebrand Hotel, Whitefish, MT
- Home2 Suites Hanford, Hanford, CA
- Hampton Inn & Home2 Suites Tulsa, Tulsa, OK
- Marble Falls Hotel, Marble Falls, TX
- Quality Inn Carthage, Carthage, TX
- Home2 Suites Merrillville, Merrillville, IN
- Home2 Suites Austin, Austin, TX
- Holiday Inn Vidor, Vidor, TX