The Lodging Industry Investment Council (LIIC) released its annual survey of the think tank’s members and developed a list from the results that highlight major hotel investment opportunities and challenges for the coming year. More than half of the hotel investors surveyed (53 percent) reported successfully purchasing a hotel in the last 12 months and 40 percent currently having a hotel acquisition candidate under a purchase and sale contract. Moreover, 93 percent say they hope to buy lodging assets over the next year and 75 percent plan to sell a hotel over the next 24 months.