The hotel construction pipeline just reached a record.
Tag: Hotel
Hotel Construction Activity Highest Since Early 2023
CoStar Group, Washington, D.C., reported the volume of U.S. hotel rooms under construction recently reached its highest since February 2023.
Hotel Construction Rises for First Time in Nine Months, CoStar Finds
The volume of U.S. hotel rooms under construction grew year-over-year for the first time since last June, according to CoStar Group, Washington, D.C.
CBRE: Hotel Revenue Growth Predicted for 2024 Despite Slower Q3
CBRE, Dallas, is forecasting a recovery in revenue per available room growth for hotels in 2024.
STR, TE Upgrade Hotel Average Daily Rate, Revenue Forecast
STR and Tourism Economics lifted their year-over-year growth projections for hotel average daily rates and revenue per available room in their final hotel forecast revision of 2023.
STR: Hotel Construction Pipeline Increases for 3rd Month
U.S. hotel construction ticked upward in September for the third consecutive month, reported STR, Hendersonville, Tenn.
Hotel Metrics, Debt Markets Bounce Back
The hotel sector continues to bounce back from a devastating 2020, according to new reports from STR and JLL Hotels.
Hotel Investment Appetite Grows Despite Mixed Post-Pandemic Results
Hotel investment activity grew sharply in the first half of 2021 despite continued mixed performance results, according to separate reports on an industry hard hit by the coronavirus pandemic.
Hotel Profits Improve as Recovery Spreads
STR, Hendersonville, Tenn., said hotels saw an encouraging April as more revenue flowed through to the bottom line.
Hotel Sector Shows Signs of Life
The hotel sector is coming back–slowly–from its pandemic-related downturn, analysts said.