U.S. hotel performance should start to accelerate soon despite a sluggish summer and third quarter, according to CBRE, Dallas.
Tag: Hotel Sector
STR, Tourism Economics Hotel Forecast Dips
STR and Tourism Economics downgraded their hotel sector forecast for the rest of 2024.
Analysts Downgrade U.S. Hotel Forecast
Two hotel sector data firms, STR and Tourism Economics, significantly downgraded their 2024-2025 U.S. hotel forecast.
STR, Tourism Economics Increase Hotel Growth Projections Slightly
STR, Hendersonville, Tenn., and Tourism Economics, Wayne, Pa., increased their hotel-sector growth projections–just slightly–in their new joint forecast.
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, TE Lower Hotel Growth Forecast
STR, Hendersonville, Tenn., and Tourism Economics, Wayne, Pa., lowered their year-over-year growth projections in a revised 2023-24 U.S. hotel forecast.
STR, TE Lower Hotel Growth Forecast
STR, Hendersonville, Tenn, and Tourism Economics, Wayne, Pa., lowered their year-over-year growth projections in a revised 2023-24 U.S. hotel forecast.
STR, TE Lift Hotel Forecast
STR, Hendersonville, Tenn., and Tourism Economics, Wayne, Pa., upgraded their hotel sector forecast for the rest of 2023.
Dealmaker: Hall Structured Finance Originates $17M Loan for Hyatt Place Hotel in Tennessee
Hall Structured Finance, Dallas, originated a $16.6 million first lien construction loan for the development of a Hyatt Place hotel in Jackson, Tenn.
CBRE Again Raises Forecast for 2023 Hotel Performance
CBRE, Dallas, raised its hotel performance outlook for this year once again, improving its forecast for revenue per available room to $97.89, up 6% year-over-year, and an increase of 43 cents from its previous forecast.