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HOTEL ZAZA CHARLOTTE                                                                                                     NEW DEVEL OPMENT








    HOTEL INVESTMENT PERFORMANCE TRENDS – CHARLOTTE IS A LEADING MARKET
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        Econometric Advisors data tracking both investment and cash flow hotel returns show Charlotte as a leading market for
        hotel investment since 2001, ahead of both growth and core markets such as Austin, San Francisco, Dallas, and Miami.































    CBRE HOTELS | Capital Markets                        Source: Econometric Advisors








             HO TEL ZAZA + ZAZA HO SPIT ALITY  | 20 21 MARCH YTD                                                                                         94
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