Outdoor Hospitality Asset Buyers and Sellers

A little perspective for what it’s worth from someone who has lived exclusively in the Outdoor Hospitality asset class for over a quarter century (and counting!)

Regarding the flood of investors seeking to acquire Outdoor Hospitality assets, the pandemic has absolutely been fuel for the fire, but the fire has been burning long before COVID. The RV Park/Campground/Glamping asset class has been red hot for many years, and only getting more active. With that, the number of investors competing for desirable acquisitions has put significant downward compression on cap rates, as an increasing number of investors compete for increasingly thin inventory. [Read More]