Lodging Econometrics, Portsmouth, N.H., reported the U.S. hotel construction pipeline grew 2 percent from a year ago.
Tag: Hotel
Hotel Profits, Recovery Forecast Improve
U.S. hotel profitability increased in October, and the sector’s recovery trajectory forecast has improved, STR and Fitch Ratings reported.
Hotel Demand, ADR Could Approach Full Recovery Next Year
U.S. hotel demand and average daily room rates should near full recovery next year, a new forecast from STR and Tourism Economics said.
Hotel Sector ‘In a Far Different Place’
No property type’s fundamentals have rebounded as swiftly as the hotel sector’s, reported Colliers, Toronto.
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.
CRE & Lodging Landscapes Post-COVID: Conversation with JLL’s Ryan Severino, Michael Huth
MBA’s Andrew Foster recently spoke with Ryan Severino and Michael Huth of JLL on the outlook for commercial real estate and in particular, the hotel/lodging sector in a post-coronavirus environment.
STR, TE Again Downgrade Hotel Forecast
STR, Hendersonville, Tenn., and Tourism Economics, Wayne, Pa., once again slightly downgraded their forecast for the U.S. hotel sector.
Hotel Development Slips But Remains Robust
The U.S. hotel construction pipeline dipped during the third quarter but remains “robust,” said Lodging Econometrics, Portsmouth, N.H.
CBRE Forecasts Hotel Demand Recovery by Late 2022
After suffering the greatest performance declines in U.S. history, the nation’s hotels will likely benefit from a relatively rapid economic turnaround in 2021 and 2022, said CBRE Hotels, Atlanta.
Andrew Foster: Travel Nosedive Knocks Hospitality Industry
COVID-19 has impacted the entire United States and commercial real estate is no exception; however, no property type is quicker to experience the impacts of a downturn than lodging, where rental rates reset daily.