Brokers expect that hotel sales volume in 2019 will match last year’s level. : Brokers are busy again with the sales of hotel properties, after a slow winter with relatively few transactions. “Investor appetite continues to be very strong for hotels,” says Kevin Mallory, global head of CBRE Hotels. “That’s a surprise.” “We’ve seen additional product come to market over the last six weeks,” says Steve P. Michels, managing director of global hospitality in the New York City office of real estate services firm Cushman & Wakefield.