THE ROLE OF THE QUALIFIED INSTITUTIONAL BUYER IN THE HOTEL INDUSTRY
The hotel industry was one of the hardest hit by the COVID-19 pandemic. However, it is recovering and gaining momentum as assets change hands at an accelerated pace. The lodging industry is expected to see a full recovery towards the end of 2023. Until then, hotel buyers and owners battle it out to find a fair price for hotels on the market . A qualified institutional buyer (QIB) plays a vital role in the investment sector, but how does this manifest in the hotel industry? WHAT IS A “QUALIFIED INSTITUTIONAL BUYER” FOR THE HOTEL INDUSTRY? The real estate industry thrives when properties are turned for a desirable price. Whether it’s the construction of a new building, the sale of residential property or the purchase of commercial infrastructure – real estate contributes to a country’s economic growth. A qualified institutional buyer (QIB) is a financially sophisticated investor. A QIB is an individual entity that legally requires less protection from issuers than