Depending on what story your hotel investment advisor follows or even writes, there may be a recovery or not. Better said, what is a problem for some are opportunities to others based on recent news reported this last week. Here are some of those summaries that seem to reflect these trends: – According to Bobby Bowers, senior VP at research company STR, the parent company of HotelNewsNow.com, “The story of the U.S. hotel industry’s recovery is a good one—a tale of demand gains and rate increases and the return of corporate travel.” Is this the prelude to buy a hotel soon or just wait and see? – There was also a separate article from the same folks at STR that talks about CMBS defaults reaching 12% this year according to the Fitch ratings report. Is this an opportunity for hotel real estate investors or their hotel management companies and if so read more here… – In conjunction with the upside and default, CBRE Hotels is gearing up for more Asian buyers in the hotel market on the Pacific Rim, where valuations and sale prices still tend to be much higher in terms of distressed lodging property elsewhere. Will this drive down hotel cap rates where your hotel investment advisor suggests you still look elsewhere in the U.S. hotel market? One trend appears on the horizon as we enter the next six months of 2011. That is the number of hotel acquisition and disposition deals either talked about and soon to happen or those recently closed. Along these same lines, what is your hotel investment advisor and consultant recommending that we can share here with our peers?