U.S. hotel construction ticked upward in September for the third consecutive month, reported STR, Hendersonville, Tenn.
Tag: STR
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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.
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Hotel Cap Rates Increase
U.S. Realty Consultants LLC, Columbus, Ohio, reported hotel capitalization rates generally increased compared to six months ago.
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CBRE Raises Hotel Sector Outlook
CBRE, Dallas, raised its forecast for hotel performance based on second-quarter gains and its expectation for slightly positive GDP growth next year.
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Hotel Construction Pipeline Continues to Shrink
U.S. hotel construction has declined for seven consecutive months, reported STR, Hendersonville, Tenn.
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Hotel Profitability Drops
U.S. hotel gross operating profit per available room fell in May. But GOPPAR surpassed its pre-pandemic comparable for a third consecutive month, reported STR, Hendersonville, Tenn.
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Analysts Upgrade Hotel Forecast
STR and Tourism Economics upgraded their recovery timeline for U.S. hotel revenue per available room.
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U.S. Hotel Profitability Reaches 28-Month High
STR, Hendersonville, Tenn., said March U.S. hotel gross operating profits reached their highest levels since 2019.
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U.S. Hotel Profitability Reaches 28-Month High
STR, Hendersonville, Tenn., said March U.S. hotel gross operating profits reached their highest levels since 2019.
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STR: Hotel Construction Pipeline Shrinks but Planning Activity Increases
STR, Hendersonville, Tenn., reported hotel rooms under construction fell from one year ago, but noted properties in the planning stage increased significantly.