“MBA congratulates Scott Turner on his confirmation to serve as HUD Secretary. We will continue to advocate for policies and solutions that improve housing supply and affordability and stand ready to work with leadership and staff at HUD, the Federal Housing Administration, and Ginnie Mae as they carry out their important roles in supporting single-family and multifamily housing markets while protecting taxpayers." --MBA’s President and CEO Bob Broeksmit, CMB

Higher-end hotels will continue to drive industry performance, according to CoStar, Washington, D.C. and Tourism Economics, Philadelphia.