JERRY OSBORNE

I am pleased to announce I have joined Marcus & Millichap in the role of Hospitality Investment Specialist, and I look forward to providing you with an even higher level of service with the resources available through this firm.

Marcus & Millichap is a leading commercial real estate brokerage, with more than 80 offices throughout the U.S. and Canada. Our mission is to help our clients create and preserve wealth by providing you with the best real estate investment sales, financing, research and advisory services.

Let’s talk soon and discuss how Marcus & Millichap and I can help you achieve your real estate investment goals.

Jerry Osborne

Hospitality Investment Specialist

208 N. Greeno Road, Suite B-2

Fairhope, AL 36532

O: (251) 929-7262

C: (901) 619-7353

Jerry.Osborne@MarcusMillichap.com

License: AL 000156731-0

Hospitality Sector Shifting into Slower Recovery Phase as Business and International Travel Key to Further Progress

The hospitality sector entered 2023 on comparably strong footing, aided by robust domestic leisure activity. Rising travel costs and recession concerns may temper progress this year however, while buyers contend with steeper borrowing rates. To help investors capitalize on the nuances of the current climate, Marcus & Millichap presents the 2023 Hospitality National Investment Forecast.

Key Features Include:

• A detailed outlook for the U.S hospitality sector in 2023
• Metro-specific property performance and investment sales analyses
• Supply, demand, occupancy and revenue forecasts for 34 major markets