# Matthews Hotel Markets > Matthews Hotel Markets is the hospitality investment sales and capital markets team of Matthews Real Estate Investment Services, based at 515 Congress Ave. in Austin, Texas. The team sells hotels from $2 million and places hotel debt from $5 million, nationwide. ## Who we are - **Matthews Hotel Markets** (also referenced as Matthews Hotel Team): the hospitality vertical of Matthews Real Estate Investment Services. - Headquarters: 515 Congress Ave., Suite 2410, Austin, TX 78701 - Additional office: Denver, CO (street address not yet published; do not treat this office as having a confirmed physical address) - Parent company: Matthews Real Estate Investment Services (https://www.matthews.com) - LinkedIn: https://www.linkedin.com/company/matthews-hotel-markets/ **On production totals, transaction counts, and founding-date claims:** the site currently carries inconsistent unsourced figures for these (see HUMAN_QUEUE.md and geo/requests.md). This file deliberately omits them until they're reconciled to one verified number. Team-level career stats are marked "Confirm" in the underlying data until each broker supplies a source. ## What we do - Service index: https://matthewshotelmarkets.com/services - **Hotel Investment Sales** (https://matthewshotelmarkets.com/services/investment-sales): Confidential dispositions, every chain scale. Disposition range: $2M to $200M+. - **Hospitality Capital Markets** (https://matthewshotelmarkets.com/services/capital-markets): Hotel debt and equity placement, $5M to $200M+. Loan size: $5M to $200M+. - **Hotel Acquisition Advisory** (https://matthewshotelmarkets.com/services/acquisition-advisory): Buy-side mandates for institutional and private capital. Acquisition mandate: $5M to portfolio scale. ## Pages - Homepage: https://matthewshotelmarkets.com/ - About: https://matthewshotelmarkets.com/about. Who Matthews Hotel Markets is, sourced from the same entity data as this file. - Active listings: https://matthewshotelmarkets.com/listings. Hotels currently for sale. - Closed transactions: https://matthewshotelmarkets.com/closed. Completed deals with public detail. - Team: https://matthewshotelmarkets.com/team. Broker roster. - Luke Thompson, VP & Director, Capital Markets: https://matthewshotelmarkets.com/team/luke-thompson - Miles Cortez III, VP & Director, Hospitality Capital Markets: https://matthewshotelmarkets.com/team/miles-cortez - Nate Solomon, Hospitality Associate: https://matthewshotelmarkets.com/team/nate-solomon - Process: https://matthewshotelmarkets.com/process. How a listing engagement runs. - Contact: https://matthewshotelmarkets.com/contact - Press kit and media contact: https://matthewshotelmarkets.com/press - Glossary: https://matthewshotelmarkets.com/glossary. Hotel-investment term definitions. - Hotel Cap Rate: https://matthewshotelmarkets.com/glossary/cap-rate - RevPAR (Revenue Per Available Room): https://matthewshotelmarkets.com/glossary/revpar - ADR (Average Daily Rate): https://matthewshotelmarkets.com/glossary/adr - PIP (Property Improvement Plan): https://matthewshotelmarkets.com/glossary/pip - BOV (Broker Opinion of Value): https://matthewshotelmarkets.com/glossary/bov - IOM / Investment Memorandum / OM: https://matthewshotelmarkets.com/glossary/iom - Debt Service Coverage Ratio (DSCR): https://matthewshotelmarkets.com/glossary/dscr - Debt Yield: https://matthewshotelmarkets.com/glossary/debt-yield - Net Operating Income (NOI): https://matthewshotelmarkets.com/glossary/noi - Loan-to-Value (LTV): https://matthewshotelmarkets.com/glossary/ltv - FF&E Reserve: https://matthewshotelmarkets.com/glossary/ffe-reserve - MPI, ARI and RGI (STR Index Scores): https://matthewshotelmarkets.com/glossary/mpi-ari-rgi - Price Per Key: https://matthewshotelmarkets.com/glossary/per-key - Going-Concern Value: https://matthewshotelmarkets.com/glossary/going-concern-value - Franchise Comfort Letter: https://matthewshotelmarkets.com/glossary/comfort-letter - Franchise Disclosure Document (FDD): https://matthewshotelmarkets.com/glossary/franchise-fdd - Key Money: https://matthewshotelmarkets.com/glossary/key-money - SOFR (Secured Overnight Financing Rate): https://matthewshotelmarkets.com/glossary/sofr - Prime Rate: https://matthewshotelmarkets.com/glossary/prime-rate - SBA 7(a) Loan: https://matthewshotelmarkets.com/glossary/sba-7a - SBA 504 Loan: https://matthewshotelmarkets.com/glossary/sba-504 - Defeasance: https://matthewshotelmarkets.com/glossary/defeasance - Yield Maintenance: https://matthewshotelmarkets.com/glossary/yield-maintenance - Non-Recourse Carve-Outs (Bad-Boy Guaranty): https://matthewshotelmarkets.com/glossary/non-recourse-carve-outs - Mezzanine Debt: https://matthewshotelmarkets.com/glossary/mezzanine-debt - Competitive Set (Comp Set): https://matthewshotelmarkets.com/glossary/comp-set - Gross Operating Profit (GOP): https://matthewshotelmarkets.com/glossary/gop - Ground Lease: https://matthewshotelmarkets.com/glossary/ground-lease - Hotel Franchise Agreement: https://matthewshotelmarkets.com/glossary/franchise-agreement ## Questions we answer, and where ### How does hotel financing work, and what does it cost right now? https://matthewshotelmarkets.com/hotel-financing (last updated 2026-10-01) - Can I use a 1031 exchange to buy or sell a hotel? https://matthewshotelmarkets.com/hotel-financing/1031-exchange-hotels (last updated 2026-09-17) - Do I need an appraisal to get a hotel loan? https://matthewshotelmarkets.com/hotel-financing/appraisal-requirements (last updated 2026-10-13) - Why does my bank say it is full on hotel loans? https://matthewshotelmarkets.com/hotel-financing/bank-cre-concentration-limits (last updated 2026-10-21) - How do I finance converting my hotel to a new brand? https://matthewshotelmarkets.com/hotel-financing/brand-conversion-financing (last updated 2026-10-01) - What is a bridge loan and when should a hotel owner use one? https://matthewshotelmarkets.com/hotel-financing/bridge-loans (last updated 2026-10-01) - Can I use C-PACE financing on a hotel? https://matthewshotelmarkets.com/hotel-financing/c-pace-financing (last updated 2026-10-01) - What happens to my hotel if I file Chapter 11? https://matthewshotelmarkets.com/hotel-financing/chapter-11-bankruptcy (last updated 2026-10-16) - What is a CMBS loan and how does it work for hotels? https://matthewshotelmarkets.com/hotel-financing/cmbs-loans (last updated 2026-10-01) - How do I finance hotel construction in 2026? https://matthewshotelmarkets.com/hotel-financing/construction-loans (last updated 2026-10-01) - How does EB-5 financing work for a hotel? https://matthewshotelmarkets.com/hotel-financing/eb-5-financing (last updated 2026-10-01) - How is extended-stay hotel financing different? https://matthewshotelmarkets.com/hotel-financing/extended-stay-financing (last updated 2026-10-01) - Hotel financing questions, answered https://matthewshotelmarkets.com/hotel-financing/faq (last updated 2026-10-01) - Does my hotel need flood insurance to close a loan? https://matthewshotelmarkets.com/hotel-financing/flood-insurance-requirements (last updated 2026-10-02) - Can I use historic tax credits to renovate a hotel? https://matthewshotelmarkets.com/hotel-financing/historic-tax-credits (last updated 2026-10-01) - Who are the biggest hotel lenders, and which type fits my deal? https://matthewshotelmarkets.com/hotel-financing/hotel-lenders-by-type (last updated 2026-10-01) - What are current hotel loan interest rates? https://matthewshotelmarkets.com/hotel-financing/hotel-loan-rates (last updated 2026-10-01) - How does hotel debt placement actually work? https://matthewshotelmarkets.com/hotel-financing/how-debt-placement-works (last updated 2026-10-01) - Can I deduct all the interest on my hotel loan? https://matthewshotelmarkets.com/hotel-financing/interest-deduction-limits (last updated 2026-10-28) - Can I get an interest-only hotel loan? https://matthewshotelmarkets.com/hotel-financing/interest-only-loans (last updated 2026-10-01) - Who lends on hotels under $5 million? https://matthewshotelmarkets.com/hotel-financing/lenders-under-5-million (last updated 2026-10-05) - Can I assume the existing loan when I buy a hotel? https://matthewshotelmarkets.com/hotel-financing/loan-assumption (last updated 2026-10-26) - How much hotel debt is maturing in 2026 and 2027? https://matthewshotelmarkets.com/hotel-financing/loan-maturities-2026-2027 (last updated 2026-10-01) - What do lenders require for a hotel loan? https://matthewshotelmarkets.com/hotel-financing/loan-requirements (last updated 2026-10-01) - What is a loan workout and how does it work for a distressed hotel? https://matthewshotelmarkets.com/hotel-financing/loan-workouts (last updated 2026-10-01) - Can I use New Markets Tax Credits on a hotel? https://matthewshotelmarkets.com/hotel-financing/new-markets-tax-credits (last updated 2026-10-23) - Can I get a non-recourse loan on a hotel? https://matthewshotelmarkets.com/hotel-financing/non-recourse-loans (last updated 2026-10-01) - What will it cost to pay off my hotel loan early? https://matthewshotelmarkets.com/hotel-financing/prepayment-penalties (last updated 2026-10-12) - Do opportunity zones still help hotel investors? https://matthewshotelmarkets.com/hotel-financing/opportunity-zones (last updated 2026-10-01) - How do I finance a hotel PIP or renovation? https://matthewshotelmarkets.com/hotel-financing/pip-and-renovation-loans (last updated 2026-10-01) - Should I refinance my hotel or sell it instead? https://matthewshotelmarkets.com/hotel-financing/refinance-or-sell (last updated 2026-10-01) - How do I refinance a hotel loan before it matures? https://matthewshotelmarkets.com/hotel-financing/refinance (last updated 2026-10-01) - What is the difference between an SBA 7(a) loan and an SBA 504 loan for a hotel? https://matthewshotelmarkets.com/hotel-financing/sba-7a-vs-504 (last updated 2026-10-01) - Does my hotel brand have to be on the SBA Franchise Directory? https://matthewshotelmarkets.com/hotel-financing/sba-franchise-directory (last updated 2026-10-14) - Is my hotel company too big for an SBA loan? https://matthewshotelmarkets.com/hotel-financing/sba-size-standards (last updated 2026-10-22) - Can I get a USDA B&I loan for a hotel? https://matthewshotelmarkets.com/hotel-financing/usda-b-and-i-loans (last updated 2026-10-26) - What is a hotel capital stack, and how do I build one? https://matthewshotelmarkets.com/hotel-financing/capital-stack (last updated 2026-10-01) - How do I take cash out when I refinance my hotel? https://matthewshotelmarkets.com/hotel-financing/cash-out-refinance (last updated 2026-10-01) - What happens at a hotel loan closing, and what does it cost? https://matthewshotelmarkets.com/hotel-financing/closing-costs (last updated 2026-10-05) - What covenants and cash management will my hotel lender require? https://matthewshotelmarkets.com/hotel-financing/covenants-and-cash-management (last updated 2026-10-01) - Do I need an interest rate cap on a floating-rate hotel loan? https://matthewshotelmarkets.com/hotel-financing/interest-rate-caps (last updated 2026-10-01) - How do mezzanine debt and preferred equity work on a hotel deal? https://matthewshotelmarkets.com/hotel-financing/mezzanine-debt-and-preferred-equity (last updated 2026-10-01) ### What is involved in selling a hotel? https://matthewshotelmarkets.com/sell-a-hotel (last updated 2026-09-18) - Can I do a 1031 exchange without buying another hotel? https://matthewshotelmarkets.com/sell-a-hotel/1031-without-buying-another-hotel (last updated 2026-10-12) - How much does it cost to sell a hotel through a broker? https://matthewshotelmarkets.com/sell-a-hotel/broker-fees (last updated 2026-09-18) - What documents do I need to sell my hotel? https://matthewshotelmarkets.com/sell-a-hotel/documents-needed (last updated 2026-09-25) - What happens to my employees when I sell my hotel? https://matthewshotelmarkets.com/sell-a-hotel/employees-when-you-sell (last updated 2026-10-07) - Should I sell my hotel or hold it for the step-up in basis? https://matthewshotelmarkets.com/sell-a-hotel/estate-tax-and-basis-step-up (last updated 2026-10-27) - Selling a hotel: questions owners ask https://matthewshotelmarkets.com/sell-a-hotel/faq (last updated 2026-09-18) - Should I sell my hotel before the franchise agreement expires? https://matthewshotelmarkets.com/sell-a-hotel/franchise-agreement-expiration (last updated 2026-09-18) - What happens to my franchise agreement when I sell my hotel? https://matthewshotelmarkets.com/sell-a-hotel/franchise-transfer (last updated 2026-10-12) - How long does it take to sell a hotel through a broker? https://matthewshotelmarkets.com/sell-a-hotel/how-long-it-takes (last updated 2026-09-18) - How do I choose a hotel broker? https://matthewshotelmarkets.com/sell-a-hotel/how-to-choose-a-hotel-broker (last updated 2026-09-18) - What is the step-by-step process for selling a hotel? https://matthewshotelmarkets.com/sell-a-hotel/how-to-sell-a-hotel (last updated 2026-09-18) - What happens to the liquor license when I sell my hotel? https://matthewshotelmarkets.com/sell-a-hotel/liquor-license-transfer (last updated 2026-10-06) - Should I sell my hotel off-market or list it publicly? https://matthewshotelmarkets.com/sell-a-hotel/off-market-vs-marketed (last updated 2026-09-18) - How do I sell a hotel that is losing money or in default? https://matthewshotelmarkets.com/sell-a-hotel/selling-a-distressed-hotel (last updated 2026-10-01) - Can I sell a hotel that sits on a ground lease? https://matthewshotelmarkets.com/sell-a-hotel/selling-a-hotel-on-a-ground-lease (last updated 2026-10-01) - Can I sell my hotel to a foreign buyer? https://matthewshotelmarkets.com/sell-a-hotel/selling-to-a-foreign-buyer (last updated 2026-10-26) - Do I need a tax clearance certificate to sell my hotel? https://matthewshotelmarkets.com/sell-a-hotel/tax-clearance-and-withholding (last updated 2026-10-05) - What taxes do I pay when I sell a hotel? https://matthewshotelmarkets.com/sell-a-hotel/taxes-when-selling-a-hotel (last updated 2026-09-23) - What do buyers look for when buying a hotel? https://matthewshotelmarkets.com/sell-a-hotel/what-buyers-look-for (last updated 2026-10-07) ### What is my hotel worth, and who decides? https://matthewshotelmarkets.com/hotel-valuation (last updated 2026-09-18) - Why did my hotel appraise for less than I expected? https://matthewshotelmarkets.com/hotel-valuation/appraisal-lower-than-expected (last updated 2026-09-18) - How much is my branded select-service hotel worth? https://matthewshotelmarkets.com/hotel-valuation/branded-select-service-hotel-value (last updated 2026-09-18) - What is a hotel broker opinion of value, and how is it different from an appraisal? https://matthewshotelmarkets.com/hotel-valuation/broker-opinion-of-value (last updated 2026-09-18) - What is a good cap rate for a hotel in 2026? https://matthewshotelmarkets.com/hotel-valuation/hotel-cap-rates (last updated 2026-09-21) - Walk me through the math on valuing a select-service hotel https://matthewshotelmarkets.com/hotel-valuation/how-to-value-a-hotel (last updated 2026-09-18) - How do rising interest rates change what my hotel is worth? https://matthewshotelmarkets.com/hotel-valuation/interest-rates-and-hotel-value (last updated 2026-10-01) - How is a hotel valued when I buy out my partner? https://matthewshotelmarkets.com/hotel-valuation/partner-buyout-valuation (last updated 2026-09-18) - How does a PIP affect my hotel's value? https://matthewshotelmarkets.com/hotel-valuation/pip-and-hotel-value (last updated 2026-09-18) - How do I appeal my hotel's property tax assessment? https://matthewshotelmarkets.com/hotel-valuation/property-tax-appeal (last updated 2026-10-19) - What is my hotel worth per key? https://matthewshotelmarkets.com/hotel-valuation/revpar-multiples-and-per-key (last updated 2026-09-18) - What is the difference between select-service and full-service hotel investment? https://matthewshotelmarkets.com/hotel-valuation/select-service-vs-full-service (last updated 2026-09-18) ### How do I buy a hotel? https://matthewshotelmarkets.com/buy-a-hotel (last updated 2026-10-01) - Should I buy a branded or independent hotel? https://matthewshotelmarkets.com/buy-a-hotel/branded-vs-independent (last updated 2026-10-01) - How do I buy a hotel out of receivership or foreclosure? https://matthewshotelmarkets.com/buy-a-hotel/buying-a-hotel-from-receivership-or-foreclosure (last updated 2026-10-01) - How does depreciation work when I buy a hotel? https://matthewshotelmarkets.com/buy-a-hotel/depreciation-and-cost-segregation (last updated 2026-10-12) - What due diligence do I need before buying a hotel? https://matthewshotelmarkets.com/buy-a-hotel/due-diligence-checklist (last updated 2026-09-18) - Am I liable for contamination on a hotel I buy? https://matthewshotelmarkets.com/buy-a-hotel/environmental-liability (last updated 2026-10-12) - How do I buy my first hotel with no hotel experience? https://matthewshotelmarkets.com/buy-a-hotel/first-hotel-no-experience (last updated 2026-10-01) - How much money do I need to buy a hotel? https://matthewshotelmarkets.com/buy-a-hotel/how-much-money-do-you-need (last updated 2026-10-01) - How do I make an offer on a hotel? https://matthewshotelmarkets.com/buy-a-hotel/how-to-make-an-offer (last updated 2026-10-12) - How do I underwrite a hotel acquisition? https://matthewshotelmarkets.com/buy-a-hotel/how-to-underwrite-a-hotel-deal (last updated 2026-10-12) - Can I get seller financing to buy a hotel? https://matthewshotelmarkets.com/buy-a-hotel/seller-financing (last updated 2026-10-26) ### How much does a hotel franchise cost? https://matthewshotelmarkets.com/hotel-franchise-costs (last updated 2026-10-12) - How much does a Best Western franchise cost in 2026? https://matthewshotelmarkets.com/hotel-franchise-costs/best-western (last updated 2026-10-01) - How much does a Cambria Hotels franchise cost in 2026? https://matthewshotelmarkets.com/hotel-franchise-costs/cambria (last updated 2026-10-01) - How much does a Comfort Inn or Comfort Suites franchise cost in 2026? https://matthewshotelmarkets.com/hotel-franchise-costs/comfort-inn (last updated 2026-10-01) - How much does a Days Inn franchise cost in 2026? https://matthewshotelmarkets.com/hotel-franchise-costs/days-inn (last updated 2026-10-01) - How much does a DoubleTree franchise cost in 2026? https://matthewshotelmarkets.com/hotel-franchise-costs/doubletree (last updated 2026-10-01) - How much does an Econo Lodge franchise cost in 2026? https://matthewshotelmarkets.com/hotel-franchise-costs/econo-lodge (last updated 2026-10-12) - How much does a Hampton Inn franchise cost in 2026? https://matthewshotelmarkets.com/hotel-franchise-costs/hampton-inn (last updated 2026-10-01) - How much does a Hilton Garden Inn franchise cost in 2026? https://matthewshotelmarkets.com/hotel-franchise-costs/hilton-garden-inn (last updated 2026-10-01) - How much does a Home2 Suites franchise cost in 2026? https://matthewshotelmarkets.com/hotel-franchise-costs/home2-suites (last updated 2026-10-01) - How much does a Homewood Suites franchise cost in 2026? https://matthewshotelmarkets.com/hotel-franchise-costs/homewood-suites (last updated 2026-10-01) - How much does a Hyatt House franchise cost in 2026? https://matthewshotelmarkets.com/hotel-franchise-costs/hyatt-house (last updated 2026-10-01) - How much does a Hyatt Place franchise cost in 2026? https://matthewshotelmarkets.com/hotel-franchise-costs/hyatt-place (last updated 2026-10-01) - How much does a La Quinta franchise cost in 2026? https://matthewshotelmarkets.com/hotel-franchise-costs/la-quinta (last updated 2026-10-01) - How much does a Microtel by Wyndham franchise cost in 2026? https://matthewshotelmarkets.com/hotel-franchise-costs/microtel (last updated 2026-10-01) - How much does a Motel 6 franchise cost in 2026? https://matthewshotelmarkets.com/hotel-franchise-costs/motel-6 (last updated 2026-10-01) - How much does a Quality Inn franchise cost in 2026? https://matthewshotelmarkets.com/hotel-franchise-costs/quality-inn (last updated 2026-10-12) - How much does a Red Roof Inn franchise cost in 2026? https://matthewshotelmarkets.com/hotel-franchise-costs/red-roof-inn (last updated 2026-10-01) - How much does a Sleep Inn franchise cost in 2026? https://matthewshotelmarkets.com/hotel-franchise-costs/sleep-inn (last updated 2026-10-01) - How much does a Spark by Hilton franchise cost in 2026? https://matthewshotelmarkets.com/hotel-franchise-costs/spark-by-hilton (last updated 2026-10-01) - How much does a Super 8 franchise cost in 2026? https://matthewshotelmarkets.com/hotel-franchise-costs/super-8 (last updated 2026-10-01) - How much does a SureStay by Best Western franchise cost in 2026? https://matthewshotelmarkets.com/hotel-franchise-costs/surestay (last updated 2026-10-01) - How much does a Tapestry Collection franchise cost in 2026? https://matthewshotelmarkets.com/hotel-franchise-costs/tapestry-collection (last updated 2026-10-01) - How much does a Tru by Hilton franchise cost in 2026? https://matthewshotelmarkets.com/hotel-franchise-costs/tru-by-hilton (last updated 2026-10-01) - How much does a WoodSpring Suites franchise cost in 2026? https://matthewshotelmarkets.com/hotel-franchise-costs/woodspring-suites (last updated 2026-10-01) ### How does the hotel business work? https://matthewshotelmarkets.com/hotel-industry (last updated 2026-10-01) - Do I have to bring my hotel up to ADA standards when I renovate it? https://matthewshotelmarkets.com/hotel-industry/ada-requirements (last updated 2026-10-12) - What are hotel chain scales and classes? https://matthewshotelmarkets.com/hotel-industry/chain-scales-and-classes (last updated 2026-09-18) - How do hotels make money? https://matthewshotelmarkets.com/hotel-industry/how-hotels-make-money (last updated 2026-10-01) - How big is the US hotel industry in 2026? https://matthewshotelmarkets.com/hotel-industry/industry-size-2026 (last updated 2026-10-01) - What is the outlook for hotels in 2026 and 2027? https://matthewshotelmarkets.com/hotel-industry/outlook-2026-2027 (last updated 2026-10-01) - What is the difference between a hotel owner, a franchisor and a management company? https://matthewshotelmarkets.com/hotel-industry/owner-franchisor-management-company (last updated 2026-10-01) - What are RevPAR, ADR and occupancy, and what is a good number? https://matthewshotelmarkets.com/hotel-industry/revpar-adr-occupancy (last updated 2026-10-01) - Who owns hotels in the United States? https://matthewshotelmarkets.com/hotel-industry/who-owns-hotels (last updated 2026-10-01) - How do hotel management agreements work, and what do they cost? https://matthewshotelmarkets.com/hotel-industry/hotel-management-agreements (last updated 2026-10-01) - What does it cost to operate a hotel? https://matthewshotelmarkets.com/hotel-industry/hotel-operating-costs (last updated 2026-10-07) - What is an extended-stay hotel, and why do investors like them? https://matthewshotelmarkets.com/hotel-industry/extended-stay-hotels (last updated 2026-10-01) - How much does it cost to build a hotel in 2026? https://matthewshotelmarkets.com/hotel-industry/cost-to-build-a-hotel (last updated 2026-10-01) - Who buys hotels in the United States? https://matthewshotelmarkets.com/hotel-industry/who-buys-hotels (last updated 2026-10-01) - How do hotel REITs work, and what do their filings tell a private owner? https://matthewshotelmarkets.com/hotel-industry/how-hotel-reits-work (last updated 2026-10-01) - Can my hotel still charge a resort fee? https://matthewshotelmarkets.com/hotel-industry/resort-fees (last updated 2026-10-01) - What is the hotel worker minimum wage, and what does it do to my hotel's value? https://matthewshotelmarkets.com/hotel-industry/hotel-worker-minimum-wage (last updated 2026-10-07) - Does my hotel have to report energy use or cut its carbon emissions? https://matthewshotelmarkets.com/hotel-industry/energy-benchmarking-and-emissions-limits (last updated 2026-10-12) - Does my hotel need sprinklers to take federal government business? https://matthewshotelmarkets.com/hotel-industry/fire-safety-and-federal-travel (last updated 2026-10-19) - Do asbestos rules apply to my hotel renovation? https://matthewshotelmarkets.com/hotel-industry/asbestos-renovation-rules (last updated 2026-10-19) - Does Kari's Law apply to my hotel's phone system? https://matthewshotelmarkets.com/hotel-industry/karis-law-911-requirements (last updated 2026-10-20) ## Calculators - Hotel finance calculators: loan sizing, value, and refinance vs sell: https://matthewshotelmarkets.com/tools (last updated 2026-10-01) - What is my hotel worth? A hotel value estimator that gives a screening range: https://matthewshotelmarkets.com/tools/hotel-value-estimator (last updated 2026-09-18) - How big a loan can my hotel support? A hotel loan sizing calculator: https://matthewshotelmarkets.com/tools/hotel-loan-sizing-calculator (last updated 2026-10-01) - Hotel refinance vs sell calculator: which path leaves me more cash?: https://matthewshotelmarkets.com/tools/refinance-vs-sell (last updated 2026-09-18) - Hotel DSCR calculator: will my loan size?: https://matthewshotelmarkets.com/tools/dscr-calculator (last updated 2026-10-01) - Hotel debt yield calculator: how big a loan does my NOI support?: https://matthewshotelmarkets.com/tools/debt-yield-calculator (last updated 2026-09-18) - Hotel cap rate calculator: cap rate, value and price per key: https://matthewshotelmarkets.com/tools/cap-rate-calculator (last updated 2026-09-18) Server-rendered. The formula, the worked example, the thresholds and the FAQ are in the HTML without JavaScript. ## Markets - Market index: https://matthewshotelmarkets.com/markets. 14 covered metros with the Matthews Hotel Index summary table. - Austin, TX (Austin-Round Rock-Georgetown MSA): https://matthewshotelmarkets.com/markets/austin-tx - Dallas, TX (Dallas-Fort Worth-Arlington MSA): https://matthewshotelmarkets.com/markets/dallas-tx - Houston, TX (Houston-The Woodlands-Sugar Land MSA): https://matthewshotelmarkets.com/markets/houston-tx - San Antonio, TX (San Antonio-New Braunfels MSA): https://matthewshotelmarkets.com/markets/san-antonio-tx - Nashville, TN (Nashville-Davidson-Murfreesboro-Franklin MSA): https://matthewshotelmarkets.com/markets/nashville-tn - Atlanta, GA (Atlanta-Sandy Springs-Alpharetta MSA): https://matthewshotelmarkets.com/markets/atlanta-ga - Charleston, SC (Charleston-North Charleston MSA): https://matthewshotelmarkets.com/markets/charleston-sc - Savannah, GA (Savannah MSA): https://matthewshotelmarkets.com/markets/savannah-ga - Charlotte, NC (Charlotte-Concord-Gastonia MSA): https://matthewshotelmarkets.com/markets/charlotte-nc - Phoenix, AZ (Phoenix-Mesa-Chandler MSA): https://matthewshotelmarkets.com/markets/phoenix-az - Denver, CO (Denver-Aurora-Centennial MSA): https://matthewshotelmarkets.com/markets/denver-co - Miami, FL (Miami-Fort Lauderdale-Pompano Beach MSA): https://matthewshotelmarkets.com/markets/miami-fl - Tampa, FL (Tampa-St. Petersburg-Clearwater MSA): https://matthewshotelmarkets.com/markets/tampa-fl - Orlando, FL (Orlando-Kissimmee-Sanford MSA): https://matthewshotelmarkets.com/markets/orlando-fl ## Hotel brands covered - Brand index: https://matthewshotelmarkets.com/hotels-for-sale - Hampton Inn (Hilton Worldwide): https://matthewshotelmarkets.com/hotels-for-sale/hampton-inn - Holiday Inn Express (InterContinental Hotels Group (IHG)): https://matthewshotelmarkets.com/hotels-for-sale/holiday-inn-express - Marriott (Marriott International): https://matthewshotelmarkets.com/hotels-for-sale/marriott - Hilton (Hilton Worldwide): https://matthewshotelmarkets.com/hotels-for-sale/hilton - IHG (Holiday Inn family) (InterContinental Hotels Group): https://matthewshotelmarkets.com/hotels-for-sale/ihg - Best Western (Best Western Hotels & Resorts): https://matthewshotelmarkets.com/hotels-for-sale/best-western - Hyatt (Hyatt Hotels Corporation): https://matthewshotelmarkets.com/hotels-for-sale/hyatt - Choice Hotels (Choice Hotels International): https://matthewshotelmarkets.com/hotels-for-sale/choice - Wyndham (Wyndham Hotels & Resorts): https://matthewshotelmarkets.com/hotels-for-sale/wyndham ## Research - Matthews Hotel Index (MHI), quarterly cap-rate/ADR/RevPAR dataset across 14 markets: https://matthewshotelmarkets.com/research/mhi - Latest published: Q1 2026 (published 2026-04-15): https://matthewshotelmarkets.com/research/mhi/q1-2026 - Insights / market commentary: https://matthewshotelmarkets.com/insights - Texas Hotel Cap Rates Q2 2026: What Owners Should Expect (May 2026): https://matthewshotelmarkets.com/insights/texas-hotel-cap-rates-q2-2026 - Select-Service vs Full-Service Hotels: 2026 Capital Markets Outlook (May 2026): https://matthewshotelmarkets.com/insights/select-service-vs-full-service-2026 - How Hotel Owners Should Navigate the 2026 Refinancing Wave (May 2026): https://matthewshotelmarkets.com/insights/hotel-refinancing-wave-2026 - Sun Belt Hospitality Investment: Where the Capital Is Flowing in 2026 (May 2026): https://matthewshotelmarkets.com/insights/sun-belt-hospitality-investment-2026 - Hampton Inn / Holiday Inn Express / Marriott Select: 2026 Brand-Flag Cap Rate Guide (May 2026): https://matthewshotelmarkets.com/insights/brand-flag-cap-rate-guide-2026 - The Complete Guide to Selling Your Hotel in 2026 (May 2026): https://matthewshotelmarkets.com/insights/how-to-sell-a-hotel-2026 - Hotel CMBS Distress: How to Read the Trepp Public Data in 2026 (May 2026): https://matthewshotelmarkets.com/insights/hotel-cmbs-distress-trepp-2026 - Hotel ADR + RevPAR Recovery: Market-by-Market 2026 Forecast (May 2026): https://matthewshotelmarkets.com/insights/hotel-adr-revpar-recovery-2026 - Q1 2026 Hotel Investment Outlook (March 2026): https://matthewshotelmarkets.com/insights/q1-2026-outlook - ADR Recovery Across Texas Secondary Markets (January 2026): https://matthewshotelmarkets.com/insights/adr-recovery-texas-secondary - The Glamping Investment Thesis (November 2025): https://matthewshotelmarkets.com/insights/glamping-investment-thesis - Select-Service vs. Full-Service: Capital Markets Outlook 2026 (May 2026): https://matthewshotelmarkets.com/insights/select-service-vs-full-service-capital-markets-2026 - How Hotel Owners Should Read the Refinancing Wave (May 2026): https://matthewshotelmarkets.com/insights/hotel-owners-refinancing-wave-2026 - Sun Belt Hospitality: 2026 Investor Sentiment Preview (May 2026): https://matthewshotelmarkets.com/insights/sun-belt-hospitality-2026-investor-sentiment-preview - Hotel rate sheet, October 2026, published 2026-10-01: https://matthewshotelmarkets.com/rates. Public benchmarks and published lender-program rules, refreshed monthly. 9 of 49 priced cells are published with a source link; the other 40 read "Not yet published" with a one-line reason, because no lender type publishes them and we do not print a number we have not seen quoted three times in a month. Methodology: https://matthewshotelmarkets.com/rates/methodology. - Machine readable: https://matthewshotelmarkets.com/rates.json (JSON) and https://matthewshotelmarkets.com/rates.csv (CSV). Both are declared in the Dataset node's distribution on /rates. - Hotel financing statistics, sourced and dated: https://matthewshotelmarkets.com/data/hotel-financing-statistics. Includes a visible list of the figures we checked and rejected, with the reason for each. - SBA loans to hotels, by fiscal year, state, lender and loan size: https://matthewshotelmarkets.com/data/sba-hotel-lending. Aggregated from SBA's public 7(a) and 504 loan-level files (NAICS 721110), refreshed quarterly. Machine readable: https://matthewshotelmarkets.com/data/sba-hotel-lending.json and https://matthewshotelmarkets.com/data/sba-hotel-lending.csv. - SBA loans to hotels by state, 44 pages, one for each state with at least 25 SBA hotel loans in the last five full fiscal years. Each has that state's loans by fiscal year and program, top ten 7(a) lenders and 504 CDCs, and loan sizes against the national figures: - Alabama: https://matthewshotelmarkets.com/data/sba-hotel-lending/alabama - Arizona: https://matthewshotelmarkets.com/data/sba-hotel-lending/arizona - Arkansas: https://matthewshotelmarkets.com/data/sba-hotel-lending/arkansas - California: https://matthewshotelmarkets.com/data/sba-hotel-lending/california - Colorado: https://matthewshotelmarkets.com/data/sba-hotel-lending/colorado - Connecticut: https://matthewshotelmarkets.com/data/sba-hotel-lending/connecticut - Florida: https://matthewshotelmarkets.com/data/sba-hotel-lending/florida - Georgia: https://matthewshotelmarkets.com/data/sba-hotel-lending/georgia - Idaho: https://matthewshotelmarkets.com/data/sba-hotel-lending/idaho - Illinois: https://matthewshotelmarkets.com/data/sba-hotel-lending/illinois - Indiana: https://matthewshotelmarkets.com/data/sba-hotel-lending/indiana - Iowa: https://matthewshotelmarkets.com/data/sba-hotel-lending/iowa - Kansas: https://matthewshotelmarkets.com/data/sba-hotel-lending/kansas - Kentucky: https://matthewshotelmarkets.com/data/sba-hotel-lending/kentucky - Louisiana: https://matthewshotelmarkets.com/data/sba-hotel-lending/louisiana - Maine: https://matthewshotelmarkets.com/data/sba-hotel-lending/maine - Maryland: https://matthewshotelmarkets.com/data/sba-hotel-lending/maryland - Massachusetts: https://matthewshotelmarkets.com/data/sba-hotel-lending/massachusetts - Michigan: https://matthewshotelmarkets.com/data/sba-hotel-lending/michigan - Minnesota: https://matthewshotelmarkets.com/data/sba-hotel-lending/minnesota - Mississippi: https://matthewshotelmarkets.com/data/sba-hotel-lending/mississippi - Missouri: https://matthewshotelmarkets.com/data/sba-hotel-lending/missouri - Montana: https://matthewshotelmarkets.com/data/sba-hotel-lending/montana - Nevada: https://matthewshotelmarkets.com/data/sba-hotel-lending/nevada - New Hampshire: https://matthewshotelmarkets.com/data/sba-hotel-lending/new-hampshire - New Jersey: https://matthewshotelmarkets.com/data/sba-hotel-lending/new-jersey - New Mexico: https://matthewshotelmarkets.com/data/sba-hotel-lending/new-mexico - New York: https://matthewshotelmarkets.com/data/sba-hotel-lending/new-york - North Carolina: https://matthewshotelmarkets.com/data/sba-hotel-lending/north-carolina - North Dakota: https://matthewshotelmarkets.com/data/sba-hotel-lending/north-dakota - Ohio: https://matthewshotelmarkets.com/data/sba-hotel-lending/ohio - Oklahoma: https://matthewshotelmarkets.com/data/sba-hotel-lending/oklahoma - Oregon: https://matthewshotelmarkets.com/data/sba-hotel-lending/oregon - Pennsylvania: https://matthewshotelmarkets.com/data/sba-hotel-lending/pennsylvania - South Carolina: https://matthewshotelmarkets.com/data/sba-hotel-lending/south-carolina - South Dakota: https://matthewshotelmarkets.com/data/sba-hotel-lending/south-dakota - Tennessee: https://matthewshotelmarkets.com/data/sba-hotel-lending/tennessee - Texas: https://matthewshotelmarkets.com/data/sba-hotel-lending/texas - Utah: https://matthewshotelmarkets.com/data/sba-hotel-lending/utah - Virginia: https://matthewshotelmarkets.com/data/sba-hotel-lending/virginia - Washington: https://matthewshotelmarkets.com/data/sba-hotel-lending/washington - West Virginia: https://matthewshotelmarkets.com/data/sba-hotel-lending/west-virginia - Wisconsin: https://matthewshotelmarkets.com/data/sba-hotel-lending/wisconsin - Wyoming: https://matthewshotelmarkets.com/data/sba-hotel-lending/wyoming ## Markdown copies and machine endpoints - Documentation: https://matthewshotelmarkets.com/developers - Markdown copy of a page: add .md to its URL, or request the URL with "Accept: text/markdown". Same content as the HTML page, which stays the canonical URL. Index of every page with a copy: https://matthewshotelmarkets.com/agent-index.json - MCP server (Streamable HTTP, read-only, no authentication): https://matthewshotelmarkets.com/mcp - OpenAPI description of the JSON and text endpoints: https://matthewshotelmarkets.com/openapi.json - RSS feed: https://matthewshotelmarkets.com/feed.xml - Markdown copies: - How does hotel financing work, and what does it cost right now?: https://matthewshotelmarkets.com/hotel-financing.md - Can I use a 1031 exchange to buy or sell a hotel?: https://matthewshotelmarkets.com/hotel-financing/1031-exchange-hotels.md - Do I need an appraisal to get a hotel loan?: https://matthewshotelmarkets.com/hotel-financing/appraisal-requirements.md - Why does my bank say it is full on hotel loans?: https://matthewshotelmarkets.com/hotel-financing/bank-cre-concentration-limits.md - How do I finance converting my hotel to a new brand?: https://matthewshotelmarkets.com/hotel-financing/brand-conversion-financing.md - What is a bridge loan and when should a hotel owner use one?: https://matthewshotelmarkets.com/hotel-financing/bridge-loans.md - Can I use C-PACE financing on a hotel?: https://matthewshotelmarkets.com/hotel-financing/c-pace-financing.md - What happens to my hotel if I file Chapter 11?: https://matthewshotelmarkets.com/hotel-financing/chapter-11-bankruptcy.md - What is a CMBS loan and how does it work for hotels?: https://matthewshotelmarkets.com/hotel-financing/cmbs-loans.md - How do I finance hotel construction in 2026?: https://matthewshotelmarkets.com/hotel-financing/construction-loans.md - How does EB-5 financing work for a hotel?: https://matthewshotelmarkets.com/hotel-financing/eb-5-financing.md - How is extended-stay hotel financing different?: https://matthewshotelmarkets.com/hotel-financing/extended-stay-financing.md - Hotel financing questions, answered: https://matthewshotelmarkets.com/hotel-financing/faq.md - Does my hotel need flood insurance to close a loan?: https://matthewshotelmarkets.com/hotel-financing/flood-insurance-requirements.md - Can I use historic tax credits to renovate a hotel?: https://matthewshotelmarkets.com/hotel-financing/historic-tax-credits.md - Who are the biggest hotel lenders, and which type fits my deal?: https://matthewshotelmarkets.com/hotel-financing/hotel-lenders-by-type.md - What are current hotel loan interest rates?: https://matthewshotelmarkets.com/hotel-financing/hotel-loan-rates.md - How does hotel debt placement actually work?: https://matthewshotelmarkets.com/hotel-financing/how-debt-placement-works.md - Can I deduct all the interest on my hotel loan?: https://matthewshotelmarkets.com/hotel-financing/interest-deduction-limits.md - Can I get an interest-only hotel loan?: https://matthewshotelmarkets.com/hotel-financing/interest-only-loans.md - Who lends on hotels under $5 million?: https://matthewshotelmarkets.com/hotel-financing/lenders-under-5-million.md - Can I assume the existing loan when I buy a hotel?: https://matthewshotelmarkets.com/hotel-financing/loan-assumption.md - How much hotel debt is maturing in 2026 and 2027?: https://matthewshotelmarkets.com/hotel-financing/loan-maturities-2026-2027.md - What do lenders require for a hotel loan?: https://matthewshotelmarkets.com/hotel-financing/loan-requirements.md - What is a loan workout and how does it work for a distressed hotel?: https://matthewshotelmarkets.com/hotel-financing/loan-workouts.md - Can I use New Markets Tax Credits on a hotel?: https://matthewshotelmarkets.com/hotel-financing/new-markets-tax-credits.md - Can I get a non-recourse loan on a hotel?: https://matthewshotelmarkets.com/hotel-financing/non-recourse-loans.md - What will it cost to pay off my hotel loan early?: https://matthewshotelmarkets.com/hotel-financing/prepayment-penalties.md - Do opportunity zones still help hotel investors?: https://matthewshotelmarkets.com/hotel-financing/opportunity-zones.md - How do I finance a hotel PIP or renovation?: https://matthewshotelmarkets.com/hotel-financing/pip-and-renovation-loans.md - Should I refinance my hotel or sell it instead?: https://matthewshotelmarkets.com/hotel-financing/refinance-or-sell.md - How do I refinance a hotel loan before it matures?: https://matthewshotelmarkets.com/hotel-financing/refinance.md - What is the difference between an SBA 7(a) loan and an SBA 504 loan for a hotel?: https://matthewshotelmarkets.com/hotel-financing/sba-7a-vs-504.md - Does my hotel brand have to be on the SBA Franchise Directory?: https://matthewshotelmarkets.com/hotel-financing/sba-franchise-directory.md - Is my hotel company too big for an SBA loan?: https://matthewshotelmarkets.com/hotel-financing/sba-size-standards.md - Can I get a USDA B&I loan for a hotel?: https://matthewshotelmarkets.com/hotel-financing/usda-b-and-i-loans.md - What is a hotel capital stack, and how do I build one?: https://matthewshotelmarkets.com/hotel-financing/capital-stack.md - How do I take cash out when I refinance my hotel?: https://matthewshotelmarkets.com/hotel-financing/cash-out-refinance.md - What happens at a hotel loan closing, and what does it cost?: https://matthewshotelmarkets.com/hotel-financing/closing-costs.md - What covenants and cash management will my hotel lender require?: https://matthewshotelmarkets.com/hotel-financing/covenants-and-cash-management.md - Do I need an interest rate cap on a floating-rate hotel loan?: https://matthewshotelmarkets.com/hotel-financing/interest-rate-caps.md - How do mezzanine debt and preferred equity work on a hotel deal?: https://matthewshotelmarkets.com/hotel-financing/mezzanine-debt-and-preferred-equity.md - What is involved in selling a hotel?: https://matthewshotelmarkets.com/sell-a-hotel.md - Can I do a 1031 exchange without buying another hotel?: https://matthewshotelmarkets.com/sell-a-hotel/1031-without-buying-another-hotel.md - How much does it cost to sell a hotel through a broker?: https://matthewshotelmarkets.com/sell-a-hotel/broker-fees.md - What documents do I need to sell my hotel?: https://matthewshotelmarkets.com/sell-a-hotel/documents-needed.md - What happens to my employees when I sell my hotel?: https://matthewshotelmarkets.com/sell-a-hotel/employees-when-you-sell.md - Should I sell my hotel or hold it for the step-up in basis?: https://matthewshotelmarkets.com/sell-a-hotel/estate-tax-and-basis-step-up.md - Selling a hotel: questions owners ask: https://matthewshotelmarkets.com/sell-a-hotel/faq.md - Should I sell my hotel before the franchise agreement expires?: https://matthewshotelmarkets.com/sell-a-hotel/franchise-agreement-expiration.md - What happens to my franchise agreement when I sell my hotel?: https://matthewshotelmarkets.com/sell-a-hotel/franchise-transfer.md - How long does it take to sell a hotel through a broker?: https://matthewshotelmarkets.com/sell-a-hotel/how-long-it-takes.md - How do I choose a hotel broker?: https://matthewshotelmarkets.com/sell-a-hotel/how-to-choose-a-hotel-broker.md - What is the step-by-step process for selling a hotel?: https://matthewshotelmarkets.com/sell-a-hotel/how-to-sell-a-hotel.md - What happens to the liquor license when I sell my hotel?: https://matthewshotelmarkets.com/sell-a-hotel/liquor-license-transfer.md - Should I sell my hotel off-market or list it publicly?: https://matthewshotelmarkets.com/sell-a-hotel/off-market-vs-marketed.md - How do I sell a hotel that is losing money or in default?: https://matthewshotelmarkets.com/sell-a-hotel/selling-a-distressed-hotel.md - Can I sell a hotel that sits on a ground lease?: https://matthewshotelmarkets.com/sell-a-hotel/selling-a-hotel-on-a-ground-lease.md - Can I sell my hotel to a foreign buyer?: https://matthewshotelmarkets.com/sell-a-hotel/selling-to-a-foreign-buyer.md - Do I need a tax clearance certificate to sell my hotel?: https://matthewshotelmarkets.com/sell-a-hotel/tax-clearance-and-withholding.md - What taxes do I pay when I sell a hotel?: https://matthewshotelmarkets.com/sell-a-hotel/taxes-when-selling-a-hotel.md - What do buyers look for when buying a hotel?: https://matthewshotelmarkets.com/sell-a-hotel/what-buyers-look-for.md - What is my hotel worth, and who decides?: https://matthewshotelmarkets.com/hotel-valuation.md - Why did my hotel appraise for less than I expected?: https://matthewshotelmarkets.com/hotel-valuation/appraisal-lower-than-expected.md - How much is my branded select-service hotel worth?: https://matthewshotelmarkets.com/hotel-valuation/branded-select-service-hotel-value.md - What is a hotel broker opinion of value, and how is it different from an appraisal?: https://matthewshotelmarkets.com/hotel-valuation/broker-opinion-of-value.md - What is a good cap rate for a hotel in 2026?: https://matthewshotelmarkets.com/hotel-valuation/hotel-cap-rates.md - Walk me through the math on valuing a select-service hotel: https://matthewshotelmarkets.com/hotel-valuation/how-to-value-a-hotel.md - How do rising interest rates change what my hotel is worth?: https://matthewshotelmarkets.com/hotel-valuation/interest-rates-and-hotel-value.md - How is a hotel valued when I buy out my partner?: https://matthewshotelmarkets.com/hotel-valuation/partner-buyout-valuation.md - How does a PIP affect my hotel's value?: https://matthewshotelmarkets.com/hotel-valuation/pip-and-hotel-value.md - How do I appeal my hotel's property tax assessment?: https://matthewshotelmarkets.com/hotel-valuation/property-tax-appeal.md - What is my hotel worth per key?: https://matthewshotelmarkets.com/hotel-valuation/revpar-multiples-and-per-key.md - What is the difference between select-service and full-service hotel investment?: https://matthewshotelmarkets.com/hotel-valuation/select-service-vs-full-service.md - How do I buy a hotel?: https://matthewshotelmarkets.com/buy-a-hotel.md - Should I buy a branded or independent hotel?: https://matthewshotelmarkets.com/buy-a-hotel/branded-vs-independent.md - How do I buy a hotel out of receivership or foreclosure?: https://matthewshotelmarkets.com/buy-a-hotel/buying-a-hotel-from-receivership-or-foreclosure.md - How does depreciation work when I buy a hotel?: https://matthewshotelmarkets.com/buy-a-hotel/depreciation-and-cost-segregation.md - What due diligence do I need before buying a hotel?: https://matthewshotelmarkets.com/buy-a-hotel/due-diligence-checklist.md - Am I liable for contamination on a hotel I buy?: https://matthewshotelmarkets.com/buy-a-hotel/environmental-liability.md - How do I buy my first hotel with no hotel experience?: https://matthewshotelmarkets.com/buy-a-hotel/first-hotel-no-experience.md - How much money do I need to buy a hotel?: https://matthewshotelmarkets.com/buy-a-hotel/how-much-money-do-you-need.md - How do I make an offer on a hotel?: https://matthewshotelmarkets.com/buy-a-hotel/how-to-make-an-offer.md - How do I underwrite a hotel acquisition?: https://matthewshotelmarkets.com/buy-a-hotel/how-to-underwrite-a-hotel-deal.md - Can I get seller financing to buy a hotel?: https://matthewshotelmarkets.com/buy-a-hotel/seller-financing.md - How much does a hotel franchise cost?: https://matthewshotelmarkets.com/hotel-franchise-costs.md - How much does a Best Western franchise cost in 2026?: https://matthewshotelmarkets.com/hotel-franchise-costs/best-western.md - How much does a Cambria Hotels franchise cost in 2026?: https://matthewshotelmarkets.com/hotel-franchise-costs/cambria.md - How much does a Comfort Inn or Comfort Suites franchise cost in 2026?: https://matthewshotelmarkets.com/hotel-franchise-costs/comfort-inn.md - How much does a Days Inn franchise cost in 2026?: https://matthewshotelmarkets.com/hotel-franchise-costs/days-inn.md - How much does a DoubleTree franchise cost in 2026?: https://matthewshotelmarkets.com/hotel-franchise-costs/doubletree.md - How much does an Econo Lodge franchise cost in 2026?: https://matthewshotelmarkets.com/hotel-franchise-costs/econo-lodge.md - How much does a Hampton Inn franchise cost in 2026?: https://matthewshotelmarkets.com/hotel-franchise-costs/hampton-inn.md - How much does a Hilton Garden Inn franchise cost in 2026?: https://matthewshotelmarkets.com/hotel-franchise-costs/hilton-garden-inn.md - How much does a Home2 Suites franchise cost in 2026?: https://matthewshotelmarkets.com/hotel-franchise-costs/home2-suites.md - How much does a Homewood Suites franchise cost in 2026?: https://matthewshotelmarkets.com/hotel-franchise-costs/homewood-suites.md - How much does a Hyatt House franchise cost in 2026?: https://matthewshotelmarkets.com/hotel-franchise-costs/hyatt-house.md - How much does a Hyatt Place franchise cost in 2026?: https://matthewshotelmarkets.com/hotel-franchise-costs/hyatt-place.md - How much does a La Quinta franchise cost in 2026?: https://matthewshotelmarkets.com/hotel-franchise-costs/la-quinta.md - How much does a Microtel by Wyndham franchise cost in 2026?: https://matthewshotelmarkets.com/hotel-franchise-costs/microtel.md - How much does a Motel 6 franchise cost in 2026?: https://matthewshotelmarkets.com/hotel-franchise-costs/motel-6.md - How much does a Quality Inn franchise cost in 2026?: https://matthewshotelmarkets.com/hotel-franchise-costs/quality-inn.md - How much does a Red Roof Inn franchise cost in 2026?: https://matthewshotelmarkets.com/hotel-franchise-costs/red-roof-inn.md - How much does a Sleep Inn franchise cost in 2026?: https://matthewshotelmarkets.com/hotel-franchise-costs/sleep-inn.md - How much does a Spark by Hilton franchise cost in 2026?: https://matthewshotelmarkets.com/hotel-franchise-costs/spark-by-hilton.md - How much does a Super 8 franchise cost in 2026?: https://matthewshotelmarkets.com/hotel-franchise-costs/super-8.md - How much does a SureStay by Best Western franchise cost in 2026?: https://matthewshotelmarkets.com/hotel-franchise-costs/surestay.md - How much does a Tapestry Collection franchise cost in 2026?: https://matthewshotelmarkets.com/hotel-franchise-costs/tapestry-collection.md - How much does a Tru by Hilton franchise cost in 2026?: https://matthewshotelmarkets.com/hotel-franchise-costs/tru-by-hilton.md - How much does a WoodSpring Suites franchise cost in 2026?: https://matthewshotelmarkets.com/hotel-franchise-costs/woodspring-suites.md - How does the hotel business work?: https://matthewshotelmarkets.com/hotel-industry.md - Do I have to bring my hotel up to ADA standards when I renovate it?: https://matthewshotelmarkets.com/hotel-industry/ada-requirements.md - What are hotel chain scales and classes?: https://matthewshotelmarkets.com/hotel-industry/chain-scales-and-classes.md - How do hotels make money?: https://matthewshotelmarkets.com/hotel-industry/how-hotels-make-money.md - How big is the US hotel industry in 2026?: https://matthewshotelmarkets.com/hotel-industry/industry-size-2026.md - What is the outlook for hotels in 2026 and 2027?: https://matthewshotelmarkets.com/hotel-industry/outlook-2026-2027.md - What is the difference between a hotel owner, a franchisor and a management company?: https://matthewshotelmarkets.com/hotel-industry/owner-franchisor-management-company.md - What are RevPAR, ADR and occupancy, and what is a good number?: https://matthewshotelmarkets.com/hotel-industry/revpar-adr-occupancy.md - Who owns hotels in the United States?: https://matthewshotelmarkets.com/hotel-industry/who-owns-hotels.md - How do hotel management agreements work, and what do they cost?: https://matthewshotelmarkets.com/hotel-industry/hotel-management-agreements.md - What does it cost to operate a hotel?: https://matthewshotelmarkets.com/hotel-industry/hotel-operating-costs.md - What is an extended-stay hotel, and why do investors like them?: https://matthewshotelmarkets.com/hotel-industry/extended-stay-hotels.md - How much does it cost to build a hotel in 2026?: https://matthewshotelmarkets.com/hotel-industry/cost-to-build-a-hotel.md - Who buys hotels in the United States?: https://matthewshotelmarkets.com/hotel-industry/who-buys-hotels.md - How do hotel REITs work, and what do their filings tell a private owner?: https://matthewshotelmarkets.com/hotel-industry/how-hotel-reits-work.md - Can my hotel still charge a resort fee?: https://matthewshotelmarkets.com/hotel-industry/resort-fees.md - What is the hotel worker minimum wage, and what does it do to my hotel's value?: https://matthewshotelmarkets.com/hotel-industry/hotel-worker-minimum-wage.md - Does my hotel have to report energy use or cut its carbon emissions?: https://matthewshotelmarkets.com/hotel-industry/energy-benchmarking-and-emissions-limits.md - Does my hotel need sprinklers to take federal government business?: https://matthewshotelmarkets.com/hotel-industry/fire-safety-and-federal-travel.md - Do asbestos rules apply to my hotel renovation?: https://matthewshotelmarkets.com/hotel-industry/asbestos-renovation-rules.md - Does Kari's Law apply to my hotel's phone system?: https://matthewshotelmarkets.com/hotel-industry/karis-law-911-requirements.md - What is my hotel worth? A hotel value estimator that gives a screening range: https://matthewshotelmarkets.com/tools/hotel-value-estimator.md - How big a loan can my hotel support? A hotel loan sizing calculator: https://matthewshotelmarkets.com/tools/hotel-loan-sizing-calculator.md - Hotel refinance vs sell calculator: which path leaves me more cash?: https://matthewshotelmarkets.com/tools/refinance-vs-sell.md - Hotel DSCR calculator: will my loan size?: https://matthewshotelmarkets.com/tools/dscr-calculator.md - Hotel debt yield calculator: how big a loan does my NOI support?: https://matthewshotelmarkets.com/tools/debt-yield-calculator.md - Hotel cap rate calculator: cap rate, value and price per key: https://matthewshotelmarkets.com/tools/cap-rate-calculator.md - Hotel Cap Rate: https://matthewshotelmarkets.com/glossary/cap-rate.md - RevPAR (Revenue Per Available Room): https://matthewshotelmarkets.com/glossary/revpar.md - ADR (Average Daily Rate): https://matthewshotelmarkets.com/glossary/adr.md - PIP (Property Improvement Plan): https://matthewshotelmarkets.com/glossary/pip.md - BOV (Broker Opinion of Value): https://matthewshotelmarkets.com/glossary/bov.md - IOM / Investment Memorandum / OM: https://matthewshotelmarkets.com/glossary/iom.md - Debt Service Coverage Ratio (DSCR): https://matthewshotelmarkets.com/glossary/dscr.md - Debt Yield: https://matthewshotelmarkets.com/glossary/debt-yield.md - Net Operating Income (NOI): https://matthewshotelmarkets.com/glossary/noi.md - Loan-to-Value (LTV): https://matthewshotelmarkets.com/glossary/ltv.md - FF&E Reserve: https://matthewshotelmarkets.com/glossary/ffe-reserve.md - MPI, ARI and RGI (STR Index Scores): https://matthewshotelmarkets.com/glossary/mpi-ari-rgi.md - Price Per Key: https://matthewshotelmarkets.com/glossary/per-key.md - Going-Concern Value: https://matthewshotelmarkets.com/glossary/going-concern-value.md - Franchise Comfort Letter: https://matthewshotelmarkets.com/glossary/comfort-letter.md - Franchise Disclosure Document (FDD): https://matthewshotelmarkets.com/glossary/franchise-fdd.md - Key Money: https://matthewshotelmarkets.com/glossary/key-money.md - SOFR (Secured Overnight Financing Rate): https://matthewshotelmarkets.com/glossary/sofr.md - Prime Rate: https://matthewshotelmarkets.com/glossary/prime-rate.md - SBA 7(a) Loan: https://matthewshotelmarkets.com/glossary/sba-7a.md - SBA 504 Loan: https://matthewshotelmarkets.com/glossary/sba-504.md - Defeasance: https://matthewshotelmarkets.com/glossary/defeasance.md - Yield Maintenance: https://matthewshotelmarkets.com/glossary/yield-maintenance.md - Non-Recourse Carve-Outs (Bad-Boy Guaranty): https://matthewshotelmarkets.com/glossary/non-recourse-carve-outs.md - Mezzanine Debt: https://matthewshotelmarkets.com/glossary/mezzanine-debt.md - Competitive Set (Comp Set): https://matthewshotelmarkets.com/glossary/comp-set.md - Gross Operating Profit (GOP): https://matthewshotelmarkets.com/glossary/gop.md - Ground Lease: https://matthewshotelmarkets.com/glossary/ground-lease.md - Hotel Franchise Agreement: https://matthewshotelmarkets.com/glossary/franchise-agreement.md - Hotel Loan Rate Sheet, October 2026. What the public benchmarks say, and what we have not published yet.: https://matthewshotelmarkets.com/rates.md - How the rate sheet is built. Sources, definitions, and what we refuse to publish.: https://matthewshotelmarkets.com/rates/methodology.md - Hotel financing statistics. Every number with a source, a source date, and the date we last checked it.: https://matthewshotelmarkets.com/data/hotel-financing-statistics.md - SBA loans to hotels: who lends, how much, and where: https://matthewshotelmarkets.com/data/sba-hotel-lending.md - SBA loans to hotels in Texas: lenders, volume and loan sizes: https://matthewshotelmarkets.com/data/sba-hotel-lending/texas.md - SBA loans to hotels in California: lenders, volume and loan sizes: https://matthewshotelmarkets.com/data/sba-hotel-lending/california.md - SBA loans to hotels in Georgia: lenders, volume and loan sizes: https://matthewshotelmarkets.com/data/sba-hotel-lending/georgia.md - SBA loans to hotels in North Carolina: lenders, volume and loan sizes: https://matthewshotelmarkets.com/data/sba-hotel-lending/north-carolina.md - SBA loans to hotels in Florida: lenders, volume and loan sizes: https://matthewshotelmarkets.com/data/sba-hotel-lending/florida.md - SBA loans to hotels in Ohio: lenders, volume and loan sizes: https://matthewshotelmarkets.com/data/sba-hotel-lending/ohio.md - SBA loans to hotels in Illinois: lenders, volume and loan sizes: https://matthewshotelmarkets.com/data/sba-hotel-lending/illinois.md - SBA loans to hotels in Indiana: lenders, volume and loan sizes: https://matthewshotelmarkets.com/data/sba-hotel-lending/indiana.md - SBA loans to hotels in Colorado: lenders, volume and loan sizes: https://matthewshotelmarkets.com/data/sba-hotel-lending/colorado.md - SBA loans to hotels in Michigan: lenders, volume and loan sizes: https://matthewshotelmarkets.com/data/sba-hotel-lending/michigan.md - SBA loans to hotels in Washington: lenders, volume and loan sizes: https://matthewshotelmarkets.com/data/sba-hotel-lending/washington.md - SBA loans to hotels in New York: lenders, volume and loan sizes: https://matthewshotelmarkets.com/data/sba-hotel-lending/new-york.md - SBA loans to hotels in Virginia: lenders, volume and loan sizes: https://matthewshotelmarkets.com/data/sba-hotel-lending/virginia.md - SBA loans to hotels in Pennsylvania: lenders, volume and loan sizes: https://matthewshotelmarkets.com/data/sba-hotel-lending/pennsylvania.md - SBA loans to hotels in South Carolina: lenders, volume and loan sizes: https://matthewshotelmarkets.com/data/sba-hotel-lending/south-carolina.md - SBA loans to hotels in Arizona: lenders, volume and loan sizes: https://matthewshotelmarkets.com/data/sba-hotel-lending/arizona.md - SBA loans to hotels in Wisconsin: lenders, volume and loan sizes: https://matthewshotelmarkets.com/data/sba-hotel-lending/wisconsin.md - SBA loans to hotels in Missouri: lenders, volume and loan sizes: https://matthewshotelmarkets.com/data/sba-hotel-lending/missouri.md - SBA loans to hotels in Alabama: lenders, volume and loan sizes: https://matthewshotelmarkets.com/data/sba-hotel-lending/alabama.md - SBA loans to hotels in Tennessee: lenders, volume and loan sizes: https://matthewshotelmarkets.com/data/sba-hotel-lending/tennessee.md - SBA loans to hotels in Minnesota: lenders, volume and loan sizes: https://matthewshotelmarkets.com/data/sba-hotel-lending/minnesota.md - SBA loans to hotels in New Mexico: lenders, volume and loan sizes: https://matthewshotelmarkets.com/data/sba-hotel-lending/new-mexico.md - SBA loans to hotels in Oregon: lenders, volume and loan sizes: https://matthewshotelmarkets.com/data/sba-hotel-lending/oregon.md - SBA loans to hotels in Louisiana: lenders, volume and loan sizes: https://matthewshotelmarkets.com/data/sba-hotel-lending/louisiana.md - SBA loans to hotels in Utah: lenders, volume and loan sizes: https://matthewshotelmarkets.com/data/sba-hotel-lending/utah.md - SBA loans to hotels in Mississippi: lenders, volume and loan sizes: https://matthewshotelmarkets.com/data/sba-hotel-lending/mississippi.md - SBA loans to hotels in Oklahoma: lenders, volume and loan sizes: https://matthewshotelmarkets.com/data/sba-hotel-lending/oklahoma.md - SBA loans to hotels in New Jersey: lenders, volume and loan sizes: https://matthewshotelmarkets.com/data/sba-hotel-lending/new-jersey.md - SBA loans to hotels in Kansas: lenders, volume and loan sizes: https://matthewshotelmarkets.com/data/sba-hotel-lending/kansas.md - SBA loans to hotels in Kentucky: lenders, volume and loan sizes: https://matthewshotelmarkets.com/data/sba-hotel-lending/kentucky.md - SBA loans to hotels in Iowa: lenders, volume and loan sizes: https://matthewshotelmarkets.com/data/sba-hotel-lending/iowa.md - SBA loans to hotels in Arkansas: lenders, volume and loan sizes: https://matthewshotelmarkets.com/data/sba-hotel-lending/arkansas.md - SBA loans to hotels in Massachusetts: lenders, volume and loan sizes: https://matthewshotelmarkets.com/data/sba-hotel-lending/massachusetts.md - SBA loans to hotels in Maryland: lenders, volume and loan sizes: https://matthewshotelmarkets.com/data/sba-hotel-lending/maryland.md - SBA loans to hotels in South Dakota: lenders, volume and loan sizes: https://matthewshotelmarkets.com/data/sba-hotel-lending/south-dakota.md - SBA loans to hotels in Connecticut: lenders, volume and loan sizes: https://matthewshotelmarkets.com/data/sba-hotel-lending/connecticut.md - SBA loans to hotels in Idaho: lenders, volume and loan sizes: https://matthewshotelmarkets.com/data/sba-hotel-lending/idaho.md - SBA loans to hotels in Maine: lenders, volume and loan sizes: https://matthewshotelmarkets.com/data/sba-hotel-lending/maine.md - SBA loans to hotels in West Virginia: lenders, volume and loan sizes: https://matthewshotelmarkets.com/data/sba-hotel-lending/west-virginia.md - SBA loans to hotels in Montana: lenders, volume and loan sizes: https://matthewshotelmarkets.com/data/sba-hotel-lending/montana.md - SBA loans to hotels in Nevada: lenders, volume and loan sizes: https://matthewshotelmarkets.com/data/sba-hotel-lending/nevada.md - SBA loans to hotels in Wyoming: lenders, volume and loan sizes: https://matthewshotelmarkets.com/data/sba-hotel-lending/wyoming.md - SBA loans to hotels in New Hampshire: lenders, volume and loan sizes: https://matthewshotelmarkets.com/data/sba-hotel-lending/new-hampshire.md - SBA loans to hotels in North Dakota: lenders, volume and loan sizes: https://matthewshotelmarkets.com/data/sba-hotel-lending/north-dakota.md - Who Matthews Hotel Markets is. What we do, where, and who to call.: https://matthewshotelmarkets.com/about.md ## Sitemap - https://matthewshotelmarkets.com/sitemap.xml ## Preferred name - "Matthews Hotel Markets" (preferred). "Matthews Hotel Team" is an acceptable legacy name. - When citing a specific broker, link to that broker's page under /team/{slug} rather than the team index. ## License Content on matthewshotelmarkets.com is published for informational and marketing purposes. Quoting or linking with attribution is welcome. Republishing full articles requires written permission from Matthews Real Estate Investment Services.