Hotel Cap Rates Increase

U.S. Realty Consultants LLC, Columbus, Ohio, reported hotel capitalization rates generally increased compared to six months ago.

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.

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.

Analysts Upgrade Hotel Forecast

STR and Tourism Economics upgraded their recovery timeline for U.S. hotel revenue per available room.

Analysts Upgrade U.S. Hotel Forecast

Underpinned by continued average daily rate improvement, analysts from STR and Tourism Economics slightly upgraded their U.S. hotel sector forecast.

Omicron Wave Weakens Hotel Revenue Recovery

Fitch Ratings, New York, said the global spread of the Omicron variant and new travel restrictions weaken the recovery prospects for hotel revenue per available room.